Substantiating Cell Phone Use
Substantiating cell phone use. Cell phones are “listed property” under §280 F(d)(4)(A). Business use must be substantiated, and over 50% of use must be for business. If business use exceeds 50% of total use, and the use... [Read More] |  |
|
Companies Gearing Up For Slowing Receivables
Companies gearing up for slowing receivables. If customers are paying on time, your company is fortunate> When payments do not come, you will not be the only one calling the customer. To help you get payment, AIPB... [Read More] | |
|
Are You Hiring a Crook?
Are you hiring a crook? Here is a tip from a past issue of our monthly member technical briefing, The General Ledger newsletter (www.aipb.org/general_ledger.html). Most theft is committed by employees rather than outsiders. Some companies use background checks and consider the time... [Read More] | |
|
The General Ledger
New Federal Trade Commission (FTC) ID-theft campaign. A company’s records of personal data on employees and their dependents, its customers and others are a gold mine to data thieves, who will pose as employees, bribe insiders, even go through company trash bins, to get their hands on them.... [Read More] | |
|
Zapping the Little Guy
Why is the IRS auditing fewer big companies and more small ones? The day the IRS notified him that his business had been selected for a random audit, John Brimelow, owner of Atlanta PR and video-production company Atamira... [Read More] | |
|
Professional Readings of Interest
Mid-Range accounting software. When your company outgrows off-the-shelf accounting software, the next step is mid-range programs. These offer simultaneous use of accounting applications by different employees, complex warehousing and distribution tracking, multiple inventory costing methods,... [Read More] | |
|
Good Credit- Teach Your Children Well
Many parents teach their children the ABCs at a very young age, but do they teach them the ABCs of good credit early enough in life? In some cases, probably not.At certain points in life, everyone will have to deal with banks, loans, credit, and finances. You may have learned your lessons through... [Read More] | |
|
40 Tips for an Exceptional, Superb and Powerful Life
Take a 10-30 minute walk every day and while you walk, smile. It is the ultimate anti-depressant.Sit in silence for at least 10 minutes each day.Buy a TiVo, tape your late night shows and get more sleep.When you wake up in the morning complete the following statement: “My purpose is to ______... [Read More] | |
|
Making Tax Season Pain-Free: Organize
Filing electronically can be an effective and headache-free means of getting your return to the government on time. But it’s not foolproof, as 200,000 customers found last year after a database problem the evening of the tax deadline caused their returns to be delayed. How can you make... [Read More] | |
|
Making Taxes... Less Taxing
While there is no escaping filing taxes, you can choose how you prepare your return. Hiring a tax professional to prepare your taxes could save you money in the long run on deductions you might have missed. Filing out the forms yourself will spare you tax preparation fees, but it is more... [Read More] | |
