Audits are regularly issued by the Internal Revenue Service (IRS). There are two main reasons why an individual or business may be audited by the Internal Revenue Service (IRS). Random audits are not as frequent as they used to be; however, they do still exist. The majority of audits ordered by the Internal Revenue Service (IRS) are because they noticed a large mistake or they feel a taxpayer is trying to deceive them to receive a larger tax...more
The Resilience FormulaAnyone can argue the accuracy of the Millions and Billions now purported spent each year by business and healthcare on stress-related illnesses and workplace absenteeism. Nevertheless, whatever the correct number is it's BIG! and it is, in the Billions! In a new global economy where every cent is crucial to corporate survival, governments and business can no longer afford to ignore this costly and ever-growing crisis....more
Sarbanes Oxley is not only the original Act, but also all the interpretations in the new (after Enron and World Com) legal and political context. There is no room to "forget" to include legal proceedings after Sarbanes Oxley. The Act imposes a number of new disclosure requirements designed to enhance visibility.- Disclosure of financial information prepared in accordance with (or reconciled to) generally accepted accounting principles... that reflect all material correcting adjustments that have been identified by a registered public accounting firm in accordance with GAAP and applicable securities laws. - Disclosure of all material off-balance sheet transactions, arrangements, contingent obligations and other relationships with unconsolidated entities. - Disclosure of codes of ethics for senior financial officers and, if a code of ethics has not been adopted, the reasons why the issuer has not done so.- Real-Time Disclosure (§ 409). Under the Act, issuers will be required to disclose to the public, in plain English and on a "rapid and current basis," such additional information concerning material changes in the issuer's financial condition or results of operations as the SEC...more
Ahh... the entrepreneur's life... Many imagine that working from home is like being a Hollywood superstar: working leisurely in your pajamas, eating bon bons, and cashing paychecks you write to yourself. While managing your own business can be a life long dream, your business can also take over your life if you let it. Here are some tips for how to...more
If you have a poor credit history, it can be frustrating and seem impossible to find an affordable home loan. However, it is possible to find lenders that will accept your credit history, subject to fees and a number of conditions. You can also put in some effort toward getting home loan approval, even with a poor credit history. The following tips...more
Why am I doing this? I just feel like I can't focus today! I feel like I'm not enjoying my job like I used to. What's the matter with me? I NEED A BREAK!!!!When you are CEO, head nurse, mommy, head of janitorial services, and chief crafts coordinator, life can leave you a little weary sometimes. As a business owner YOU are your most valuable resource, so it makes sense to take care of yourself! When you start to feel overwhelmed, it's important to know when to slow down and take a break. Below you'll find 10 tips to help you take a vacation pamper and renew. 1) SCHEDULE A DAY OFF: Often when we are the busiest is when we need a break the most. Write a day in your calendar just for you. Promise to enjoy your time off. Turn off the computer, and don't answer the phone. Don't let guilt, or a list of impending deadlines steal your relaxation and enjoyment for the day. 2) MAKE TIME FOR THE SPECIAL RELATIONSHIPS IN YOUR LIFE: Go on a date with you're your husband. Enjoy a cup of gourmet coffee with a friend. Steal away on a mommy and daughter/son breakfast. Write a special note to a friend or spouse letting you know how you feel about them. Give someone a long meaningful hug. Spend a...more
Resell rights come in many forms and sizes. They can come in large packages with many products bundled together and offered for an almost suspiciously low price. Or they can be offered on a single product for a four-figure sum. There are also...more
With interest rates at all-time lows, many people are considering whether or not to refinance their home loan. Generally speaking, if you bought your home with a higher interest rate loan, have an excellent credit history and always pay your bills on...more
Deb Clifford, founder of Inspired People in the Greater Hartford Area, predicts Blue Ribbon businesses will find the recipe that blends the best ingredients in the proper amounts in 2006. The food metaphor seems fitting for this year's people...more
Mano y mano, which one is better do you think - a credit card with low, ongoing APR or one that offers 0% APR as an intro rate?There are so many types of credit cards that offer all sorts of promotions and rewards that it's definitely hard for a...more
Every online dream begins with the vision of opening your email box and "like magic" the money comes rolling in. It's true -- building a passive income is your key to earning more money without working harder. While it's unlikely you'll earn millions...more
An accountant is a professional who keeps track of the financial records of a business or an individual. There are a number of individuals and businesses who use the services of an accountant all year round. There are other individuals who only hire...more