A study by scientists at Columbia University found that mandatory alcohol testing programs for commercial truck drivers may have contributed to a significant reduction in… Read More »Study: Mandatory Alcohol Testing Cuts Risk of Alcohol Involvement in Fatal Crashes
The significant new health care legislation imposes a unique “payroll tax” on investment income. At least the new tax doesn’t kick in until 2013 providing… Read More »Medicare Tax: Start Planning Ahead
An important new Tax Court case could provide valuable tax savings for owners of limited liability corporations (LLCs) and partners in limited liability partnerships (LLPs).… Read More »New tax breakthrough for LLCs
In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recover more than 600 points by… Read More »Advice to Clients in Uncertain Markets
The so-called “manufacturing deduction” isn’t just limited to companies that manufacture products in the traditional sense of the word. It’s available to a wider range… Read More »Produce big manufacturing deductions
On Sept. 6, President Obama announced that his Administration will seek new funding for highway, rail and airport projects in an effort to spur job… Read More »Transportation, Tax Initiatives
Managing receivables is difficult in the best of times, and these challenges have been made even more difficult by the current economic environment. But there… Read More »Dealing With Clients in Financial Distress
The Tax and Accounting office of Certified Public Accountant can assist you in choosing the right legal form for your business. Choosing the proper business… Read More »Built-in Gains Tax
The new health insurance legislation imposes significant new tax reporting requirements. In essence, you will have to report most annual payments for goods and services… Read More »Plan Ahead: New 1099 rules
A common approach used by many business owners is to hire their spouse as an official employee. Hiring your spouse as an official employee can… Read More »Tax incentives for employing a spouse
It is important to acknowledge that many individuals are in debt, therefore you among many struggle to get rid of it. However, debt is not… Read More »A Smart Way to Payoff Debt
The Department of Transportation has published a final rule extending the date for mandatory use of its updated Alcohol Testing Form from Aug. 1, 2010,… Read More »Procedures for Transportation Workplace Drug and Alcohol Testing Programs