|
|
|
Many real estate investors and developers have incurred substantial debt to finance projects begun during the real estate boom. Some of these projects have been put on hold, causing overextended developers to experience difficulties meeting their financial obligations. Lenders are working with the property owners to modify or even cancel debts. Depending on your particular situation, cancellation of debt in full or part can create an unexpected tax liability.
Family business succession can be influenced by the dynamics of the family members. If two siblings constantly disagree on how the business should be run, an ownership model may be the right approach to guide your succession planning. The owner-investor model is one of many succession options.
Fraud investigators and law enforcement professionals rely on informants to provide information to help solve cases. Employees within an organization who suspect fraud taking place within their company need an outlet to report their concerns without retribution. These tips are powerful tools in the fight against employee fraud.
The economy has run in a cycle for decades, and that trend is likely to continue. It's a pretty safe bet that you've been on the lower end of the cycle for more than a year. As with all cycles, what goes down must come up - maybe not as far up as it once was, but a comeback is bound to happen. And with any luck, soon.
Nonprofit organizations that have come through this challenging economy are to be admired. Not all did. As with all challenges, there is opportunity for growth for those that have survived, and there is an opportunity to fill the need left by those that didn't make it. Here are some issues to consider in positioning your nonprofit organization in the new nonprofit world.
The recently enacted federal healthcare legislation will affect virtually everyone and will mean significant changes for patients, insurers, employers, hospitals and physicians. But the effect of the Patient Protection and Affordable Care Act of 2010 on physician practices will likely not be uniform. And, in any event, it is difficult to predict in view of the complexity of the legislation and the possibility that some provisions may be tinkered with during the long phase-in period of the entire act.
| Wealth Advice and Financial Planning |
There's a new get-rich-quick scheme every other week: multilevel marketing, hot stock tips and promising new business ventures. But the truth is that most U.S. millionaires got rich in rather boring ways, according to Thomas Stanley, author of "The Millionaire Next Door." They lived within their means, set aside money and invested wisely.
Would you be surprised to learn that most business owners don't know the value of their own businesses? About 58 percent of business owners had never had their business valued and did not anticipate doing so, according to a recent survey. And 41 percent believed they would not need a valuation unless they were planning to sell their company. This belief can be short-sighted.
| Latest Business Headlines |
Financial Times
Forbes
Fox Business
USA Today
Kiplinger
|
|
|
|
|
GCAT Presenting at the ABC Dinner on April 20th
The Government Contracting Advisory Team (GCAT) will be presenting at Associated Builders and Contractors (ABC) April 20 dinner meeting. The meeting is open to nonmembers as well. We are looking forward to seeing you there. Please register at the link below.
The Government Contracting Advisory Team Presents Its First Series of Breakout Training Sessions for Government Contractors
The Melbourne-based Government Contracting Advisory Team (GCAT) in collaboration with the Technological Research and Development Authority (TRDA) is organizing its first series of breakout training sessions for government contractors. The training event will take place on May 20, 2010, at the TRDA located at 1050 W. NASA Blvd. in Melbourne, Fla., from 7:45 a.m. to 1 p.m.
"The training event is geared toward companies that are currently doing business with the government or established businesses looking to get into government contracting," shares Debbie Goode of Hoyman Dobson CPAs, the founder of GCAT. "Our primary goal is to provide valuable information to local businesses, information that will help them succeed in government contracting. We are absolutely delighted to have Carol Craig, CEO of Craig Technologies, as the keynote speaker for the event," continues Mrs. Goode.
The training event will consist of four concurrent breakout sessions taught in four different time slots with a total of eight different training topics.
About the Government Contracting Advisory Team (GCAT): The Government Contracting Advisory Team (GCAT) was founded in 2009 by Debbie Goode of Hoyman Dobson CPAs. The GCAT is a network of independent service providers who specialize in providing services to government contractors. GCAT's mission is to help government contractors maximize their growth potential.
Services available to government contractors include government cost accounting, DCAA representation, ICE model preparation, legal services (contract negotiation, RFP reviews, false claims, preservation of IP rights in government, patents and trademarks), marketing and GSA contract administration, proposal planning and development, Deltek hosting and other IT services for government contractors, international trade strategies and compliance solutions (CTPAT, FDA, CPSC, APHIS, ITAR agreements, CJ's, licensing, EAR, FAR), insurance solutions including Defense Base Act/foreign exposures and more.
About TRDA: The TRDA Business Innovation Center helps early-stage technology-based firms in Central Florida grow into financially viable, freestanding, high-growth companies. It offers clients access to modern office space, shared office resources, business services, professional development and training, investor networking and more for one monthly fee.
Launched in 1987, the TRDA develops and implements technology-based economic development initiatives in four target areas: business incubation, clean technology, education and technology commercialization and transfer. By infusing new technology into businesses and schools, the TRDA helps to strengthen the economy of the Space Coast, Florida and the nation.
Keeping Good Employees - Your employees are your ambassadors. Reward them for their public relations efforts.
Your Savings - Draft the same amount from your checking account each month and invest it. Budget for it like an expense. Take a long-term, consistent approach.
|
|
|
|
|
|
Our firm is a member of CPAmerica International | |
|
