-
The Worker, Homeownership and Business Assistance Act of 2009 has given hard-pressed businesses a generous pre-holiday gift in its extension and expansion of the enhanced five-year net operating loss carryback provision under Code Sec. 172. Many economists predict an eventual windfall to businesses far in excess of the $10.5 billion 10-year cost estimated by the Joint Committee on Taxation. Even so, the Joint Committee forecasts front-loaded benefits of over $33 billion in 2010. To maximize this windfall, however, each taxpayer must carefully evaluate how its own facts and circumstances relate to certain variables and recommended strategies.
December 14 -
-
It looks like we are going to be ina tough economy for the foreseeable future. That doesn't mean that you have to be satisfied with mediocre profits. I want to share some things you can do to help improve your profit picture during the next 12 months.
December 14 -
The economic storm is battering companies nationwide, and small businesses are not immune to its fury.
December 14 -
The recession has taken its toll among the shop keepers on Main Street.
December 14 -
While the economic crisis continues, it's a constant challenge for small businesses just to weather the storm. Streamlining various aspects of company-wide operations is a priority that can be approached from various aspects.
December 14 -
-
The surge in projected government spending, coupled with diminishing sources of revenue, raises the probability that lawmakers may look toward a value-added tax to close the gap.
December 14 -
The House has approved a comprehensive financial reform bill, albeit with a number of key provisions weakened in recent days.
December 11