Here’s an interesting list I came across the other day. 15 interesting facts about IRS – Talk about oxymorons (IRS & Interesting)
1. IRS was known as the Bureau of Internal Revenue when it first came into existence. In the 1950’s the name was changed to the Internal Revenue Service.
2. The initial income tax was only [...]
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Filed under: Business & Economics, Daily Ramblings, FUNancials, Taxes
In order to reduce the tax burden that small businesses may suffer from, it is vital for the owners to be aware of the latest reforms which can help them avail tax reliefs. Several aspects of the tax legislation help provide relief to small businesses. The categories which include reduction and aid include returns on [...]
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Filed under: Business & Economics, Finance, Funds, Investing, Taxes
For people operating their own business, one of the biggest time consuming and frustrating process is finding the right financing partner for their business loans. Often, this is a complex and prolonged procedure due to extensive documentation and poor sources of information. This is where services like Ezunsecured kick in. With specialized services to find [...]
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Filed under: Business & Economics, Debt Consolidation, Finance, Financial Planning, Funds, Products & Websites
There were recent changes in the legislation which everyone needs to be aware of. Even though this year the retirement security plans were the centre of discussions, there are a few other reforms pertaining to your IRA which can make a significant difference in your financial plans for 2008.
There have been massive changes in the [...]
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Filed under: Business & Economics, Finance, Financial Planning, Insurance, Personal Finance, Taxes
Here’s a really useful article I found on Russell Bailyn’s Blog. You can find the original post at his blog here.
The Economic Stimulus Package + Other Helpful Tax Strategies
We’re entering the heart of tax season so I figured now would be a good time to do this post. If you are a client and haven’t [...]
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Filed under: Business & Economics, Personal Finance, Taxes
What some may consider a rumor is not a rumor after all. The IRS announced it publicly that it plans to do more random audits this year. This announcement came as a direct consequence of the study done by Government Accountability Office which highlighted the tax gaps. Hence, in addition to random audits, the IRS [...]
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Filed under: Business & Economics, Personal Finance, Taxes
Some interesting Financial Quotes I found online…
“FINANCE, n. The art or science of managing revenues and resources for the best advantage of the manager. The pronunciation of this word with the i long and the accent on the first syllable is one of America’s most precious discoveries and possessions.”
- Ambrose Bierce
“Money is the opposite of [...]
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Filed under: Business & Economics, Daily Ramblings, FUNancials, Finance
American Business Review released this video for Certified Financial Planner Board of Standards Inc. It’s a great watch for people wanting to hire a financial advisor as it tells them what to look for before making their decision. It features interviews with Susan Wyderko (Director, Investor Education Securities & Exchange Commission), Gilberto Grana (President, Wealth [...]
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Filed under: Business & Economics, Daily Ramblings, FUNancials, Financial Planning, Me 'n My Work, Products & Websites
This is a great video series to help understand the workings of our current day banking system. I like the approach the presenter has taken. It explains how banks loan out money which doesn’t even exist.
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Filed under: Business & Economics, Daily Ramblings, FUNancials, Finance, Understanding Finances
While the Mutual Funds are moving into top gear, the detractors are also arming themselves with new jargons. Here comes Alpha & Beta.
Betais what the fund earns simply by being in the game, and can be measured using the market index that corresponds most closely to its style of investing.
And the skills component of our [...]
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Filed under: Business & Economics, Finance, Funds, Investing, Understanding Finances
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