Every two weeks, we post new articles of interest related to:
We distribute these articles, free of charge, to our firm's clients and friends. If you would like to receive them in an electronic format, please visit our "GRF Newsletters" page and sign up for our online newsletter, Essentials Bulletin. For permission to reprint these articles, contact our Marketing Coordinator, Matt Easley, at 301-951-9090 or via e-mail at measley@grfcpa.com.
Consumer-directed health plans: Are they right for your company?
CDHPs are an attempt to make the system more rational by giving consumers a financial stake in their healthcare decision making as well as giving them tools to make good healthcare choices to stay healthier in the first place. The plans are currently most popular among large employers, but 10 percent of employees of small enterprises (those with under 200 employees) are enrolled in CDHPs, and that number is growing for all size employers.
Six ways to deal with difficult employees
Dealing with difficult employees is one of the most stressful aspects of a manager’s job, if not the most stressful. Here are some strategies for coping with these employees and reducing your stress.
How to deal with gambling-related tax questions
With the expansion of casino gambling and the proliferation of state lotteries, it’s not surprising that many of us are occasionally tempted to lay down a little money and try our luck. Of course, most of the time, as luck would have it – we lose. When we get lucky, the tax man gets lucky, too. Gambling winnings are taxable, just like wages. The IRS even requires casinos and lottery agencies to withhold taxes from winnings in some situations. The fact that gambling winnings are taxable income doesn’t surprise most people. And most are aware that gambling losses are tax deductible – up to the amount of winnings for the year.
Valuation analysts, attorneys team up for acquisitions value
The successful sale of a business will generally involve the services of various professionals, including CPAs who are valuation specialists and attorneys. Clients can maximize their value in such a transaction by assuring that the professionals they engage are working together to share information and coordinate their activities with a minimum of overlap.
The technical information here 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.
© 2008, CPAmerica International. All Rights Reserved.