Few activities can be considered less desirable than an audit by the Internal Revenue Service. Even a root canal may rank slightly above it. Last year, 1.03 percent of tax returns filed were audited. This represents over 1.4 million audits. Over 97 percent of these audits were for individual [...]
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State governments across the country are facing some of the worst budget deficits in history. According to the National Conference of State Legislatures, a bipartisan organization that provides research, technical assistance and opportunities for idea exchange among legislators, states are facing an aggregate budget gap of at least $83.9 billion for the [...]
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I recently wrote about the tax gap and how the IRS is changing some important policies to minimize the difference between what businesses and consumers owe in taxes and what they actually pay. As both Federal and State budgets become more strained, the IRS and state tax authorities sharpen their pencils [...]
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Most people in the United States receive health insurance coverage through their employers. As the Patient Protection and Affordable Care Act (healthcare reform law) is implemented over the next five years, business owners will need to carefully analyze how the law impacts the coverage they offer (or don’t offer) employees. [...]
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There is a great deal of buzz starting to generate around the “value-added tax” (or VAT). The concept of a VAT was first proposed by Wilhelm von Siemens, son of the founder of Siemens in 1918. The first country to implement a value-added tax was France in 1954. Today, nearly 100 [...]
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For every one dollar in federal income taxes owed, the IRS is only able to collect 84 cents. The missing 16 cents is called the tax gap. It’s the difference between what individuals and businesses should pay and what they actually do pay. After adjusting for late payments and enforcement actions by [...]
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The financial reform bill has expanded significantly beyond its original scope. As with most major pieces of legislation, “mission creep” has occurred and almost anything having to do with money is being included. One area which impacts business owners directly is the regulation of interchange fees on debit card payment transactions.
Go [...]
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The Restoring American Financial Stability Act of 2010 is the most comprehensive piece of financial reform legislation to be considered by the Congress since the repeal of the Glass–Steagall Act in 1999. Contrary to what the title of the bill might lead you to believe, key provisions target business owners and entrepreneurs directly. [...]
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FOR IMMEDIATE RELEASE
Mike Periu will discuss: Cashing in on government programs
Contact: Media deskTel: 1.800.929.4402Email: media (at) ecofinmedia.com
Financial expert Mike Periu will be a guest on Amor on 93.1 FM. Mike is a regular contributor to AMOR 93.1 FM.
This time, Mike will be presenting: “Cashing in on government programs” If you [...]
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FOR IMMEDIATE RELEASE
Mike Periu will discuss: Analysis of Obama’s speech on financial regulation on RCN 24 Noticias Colombia’s program En SUMA.
Contact: Media deskTel: 1.800.929.4402Email: media (at) ecofinmedia.com
Financial expert Mike Periu will appear on RCN 24 Noticias Colombia’s program En SUMA. Mike is a regular contributor to RCN 24 Noticias Colombia.
This time, Mike will [...]
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