1st Quarter, 2010
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1st Quarter, 2010 |
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A Resolution Revolution
By Erick Wegmann, CPA, Senior Audit ManagerIt's that time again — time to reflect on the past, look ahead to the future, and resolve to eat better, exercise daily, and generally improve every aspect of your life during the coming year. Sound familiar? Why not try a different approach this year? Choose one resolution and make it happen. Resolving to improve your financial well-being may help you take control and improve the quality of your life in many ways. Read more >>> Deciding When To Start Receiving Social Security
By David Harlan, CPA, Tax PartnerIt is always a tradeoff. The sooner you begin receiving social security benefits, the longer you may collect. But the longer you wait to start (up to age 70), the larger your monthly benefit will be. Read more >>> Reimbursing Employee Travel and Entertainment Expenses
By Rich Schwartzenberger, Senior Business Advisory Services ManagerIf you reimburse all or part of your employees' travel and entertainment expenses (T&E), how you reimburse your employees determines the way your company and your employees must treat these reimbursements for income-tax purposes. Reimbursements made to employees under an accountable plan are not subject to payroll or income-tax withholding, but reimbursements paid under non-accountable plans are reported as pay. Read more >>> |
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Happy New Year! 2009 has been a challenging financial year for many people, from both a business and personal standpoint. Of course, we all hope for continued economic recovery in 2010. In the meantime, there is always room for financial improvement in our lives. This new year, we start with a look at how a few small adjustments can help better achieve your financial goals. For those close to retirement age, we examine the choice of when to start receiving social security. Finally, we look at how the way you reimburse your employees determines the way your company and your employees must treat these reimbursements for income-tax purposes.