News

There is an e-mail scam claiming to be from the IRS titled “Notice of Underreported Income.” This is a Phishing Scam. If you receive this or any similar type of e-mail, do not reply, do not open any... Continue Reading

“Bonus” First Year Depreciation and Section 179 Expensing   The 2009 Recovery Act provides several incentives for business investment in capital and equipment. These provisions extend prior law... Continue Reading

While U.S. companies have followed the guidelines of U.S. Generally Accepted Accounting Principles (GAAP) for years, there is a shift toward future transition of International Financial Reporting Standards... Continue Reading

Mandatory Phase-In Set in Motion The SEC recently proposed a "roadmap" for phasing in mandatory International Financial Reporting Standards (IFRS) by U.S. public companies. The initial proposed mandate for this... Continue Reading

As tax season comes to a close, many taxpayers put the IRS out of their mind until the next tax season rolls around. However, some taxpayers aren’t so lucky as they are recipients of dreaded IRS letter... Continue Reading

Have you ever wondered why some companies are perceived as more successful than others? Product mix? Customer base? Leadership? While there are many reasons why some companies outperform others, it is... Continue Reading

In 1998, government passed legislation approving a bank bailout of historic proportion. The Emergency Economic Stabilization Act of 2008 authorizes the United States Secretary of the Treasury to spend up to... Continue Reading

Time Waster or Money Maker   The buzz around Internet Social Media has turned into a roar over the past year, creating both opportunity and anxiety for countless small businesses. For small businesses... Continue Reading

As we’ve discussed in previous issues of Money Watch, millions of Americans are not saving the right amount forretirement—most people just aren’t saving enough. But what about those who think they... Continue Reading