2009′s estate tax rate was 45%, and…
the 2009′s highest income tax rate was 35%, so:
If your estate was larger than the 2009 exemption amount of $3.5 million you may have been able to save 10% in estate taxes by converting to a Roth IRA.
Enacted on March 18, 2010, the Hiring Incentives to Restore Employment (HIRE) Act has two new tax benefits that are available to employees who hire certain previously unemployed workers (“qualified employees”).
Payroll Tax Forgiveness for Hiring Unemployed Workers:
Most employers reimburse employees for expenses incurred away from the office on business travel.
This is the final part in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
These reimbursements are allowed but are treated differently to the employee whether an accountable or non-accountable plan is in place.
Magazines? Newspapers? Networking Groups? Radio? TV? Email? Internet? Social Networking Sites?
This is part 5 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
With all the choices and dollars needed to make it effective, an understanding of your target market and correct allocation of dollars is a must to successfully market your business and gain that steady stream of leads and sales.
Choosing an accounting software package can be daunting, but it’s a VERY important task.
This is part 4 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
Selecting the wrong software for your company could save money in the short-term but cost more in total resources in the long run.
Additional costs incurred will include:
The do’s and don’ts of human resources and payroll processing can be expensive!
This is part 3 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
For example:
I work with a number of business owners who, over the years, have learned tax planning CANNOT be done effectively in February, two months after most year-ends.
This is part 2 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
Tax planning is a year round activity.
Questions such as:
Cash flow management is the #1 key to any successful business.
This is part 1 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
In today’s environment of small margins, tight credit and monthly bills coming due, it seems like every two weeks, the availability of “cash” is at a premium.
Hi!
I’m Mark Makara, founder and owner of Makara & Associates here in beautiful Southwest Florida, and am proud to announce my new blog – Cash Flow Planning for Life.
Cash Flow Planning For Life is all about assuring you’ve got a plan for your personal & professional financial strategies, and that you get the results you’re looking for!
My business, Makara & Associates, specializes in:
Be sure to visit my web site at: www.makara-assoc.com to learn more.
Please feel free to participate on my blog by leaving a comment, or contacting me directly!
Thank you,
Mark
