For Once, IRS Says To Keep Less Detailed Records

by Tim Caskey 7. October 2011 09:21
The IRS has slated some guidelines to assist with the tax treatment of employer-provided mobile phones. The Small Business Jobs Act of 2010, passed last fall, eliminated cell phones from the description of “listed property”. What this meant was that it no longer fell into the category in... [More]
Categories: Tax

Retailers Maintain Holiday Inventory Levels; Focus on Improved Merchandise and E-Commerce for 2012

by Tom Current 6. October 2011 12:38
According to a recent survey by BDO USA, LLP, 82 percent of retail CFOs report they either increased (31%) or maintained (51%) inventory levels for the 2011 holiday season. However, they continue to be split over whether insufficient inventory (53%) or too much inventory (47%) poses a greater risk t... [More]
Categories: Advisory

IRA Owners and Advisors: Take a Final Look at Roth Conversions before 10-17-11

by Rocco Romano 4. October 2011 11:23
IRA OWNERS AND ADVISORS: TAKE A FINAL LOOK AT ROTH CONVERSIONS BEFORE 10-17-11   Many taxpayers who were willing to pay income taxes on their retirement funds at 2010 rates (or under the special installment rules allowed) in exchange for tax-free future earnings, converted their traditional... [More]
Categories: Tax