Hoyman Dobson
E-ssentials Bulletin
Our newest profitability and wealth accumulation tips for our clients and contacts. Click on items of interest for more details on each topic.
Building Construction
 
 
Times are tough. The media is constantly blasting bad news, recession is the word of the day, your company is trying to do more with less, and that increases the stress level for all concerned - including you. You didn't cause the problem, yet the problem is yours to manage, and the problem affects your people. How do you manage people in these tough economic times?
 
Family Business
 
 
Do you and other key members of your family business have an agreement describing what happens in the event of your death, disability or withdrawal from the business? If you don't, develop one. If you do, keep it current.
 
General Business
 
 
The Fair Labor Standards Act outlines federal rules for minimum wage and other labor issues. State laws may supercede the act, but the information in the act is something every employer should know.
 
Manufacturing
 
 
Nearly one in three chief financial officers are forgoing vacations in these tough financial times to stay at work and tend to business, according to a new survey by Robert Half International.
 
Nonprofit Organizations
 
 
One of the easiest ways to steal from an organization is through expense reimbursements. More than 13 percent of all fraudulent disbursement schemes investigated involved expense reimbursement fraud, according to the most recent report by the Association of Certified Fraud Examiners.
 
Physician Services
 
 
With $17 billion in federal money up for grabs beginning in 2011, many physicians plan to acquire a qualified electronic health record system this year. The sooner, the better, IT experts agree, because physicians not only have to acquire or upgrade a system to meet the requirements but must show "meaningful" use to qualify for the subsidy.
 
Wealth Advice and Financial Planning
 
 
Having a beautiful wedding doesn't mean breaking the bank. Tips from pros can help you cut costs for your or your child's wedding without scrimping on the elegance of the special day.
 
Valuations
 
 
Investigating and litigating instances of workers' compensation fraud by employees requires techniques that range from old-fashioned detective work to investigation by financial professionals. This article discusses the different types of fraud to watch out for as well as tips on how to handle them.
 
Washington Tax Update
 
 
 
 
 
 
 
Latest Business Headlines
 
CNN Money
 
Fox Business
 
New York Times
 
Wall Street Journal
 
Reuters
 

Hoyman Dobson's
 Charles Hoyman, Jr.,
Inducted into the Junior Achievement Space Coast
Business Hall of Fame

 
Charles (Chas) Hoyman, Jr., the Managing Director of Hoyman Dobson CPA's, was inducted into the Junior Achievement Space Coast Business Hall of Fame on February 27, 2010, at the Radisson Resort in Cape Canaveral, Fla.
 
The Space Coast Business Hall of Fame was established in 1986 to recognize individuals who have made outstanding contributions to free enterprise and to society. Since its inception, the Hall of Fame has welcomed 60 laureates.
 
"I was humbled to learn I was nominated," shares Chas Hoyman. "It is a privilege to win and be in the company of some of the finest business people. I am grateful for the opportunities I have been given, and I am pleased I was able to make a positive impact in the local community," continues Mr. Hoyman.
 
Some of the past Junior Achievement Space Coast Business Hall of Fame Laureates include Bill Nelson, Dr. Maxwell C. King, Joseph H. Wickham, and Hoyman Dobson's founding partners, Roger W. Dobson and Eugene Bjerning.
  
About Hoyman Dobson: Founded in 1964, Hoyman Dobson is a member of CPAmerica, one of the world's largest associations of independent CPA and consulting firms. The firm is the creator of a groundbreaking service process called the "Goals to Reality Experience" ™.
 
Hoyman Dobson is best known for providing expert financial services to government contractors and construction companies. The firm recently founded the Government Contracting Advisory Team (GCAT) -- a network of independent service providers who help government contractors maximize their growth potential.
 
In addition, the firm recently implemented a brand-new service program called The Trust Advantage™ focusing on Estate and Trust Administration services. Another area of expertise includes employee 401(k) plan administration services, which are provided by its affiliated firm, CPA Wealth Management Services (www.cpawms.com).
 
For additional information about Hoyman Dobson and its services, please visit www.hoyman.com or call 321-255-0088.
 
Business Tips
 
Keeping Good Employees - Maximize retirement plan benefits for your employees through 401(k) plans, medical reimbursement plans and defined contribution/benefit profit-sharing or pension plans.
 
Wealth Tips
 
Your Purchases - If it floats (a boat) or flies (an airplane), rent it, don't buy it.
 

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The technical information in E-ssentials is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.
 
© Copyright 2010 CPAmerica International