Because many deductions, credits, and other tax benefits are reduced as your Adjusted Gross Income (AGI) goes higher, here are a few tips to consider to lower your AGI for THIS tax year: Convert taxable interest to tax-exmpt interest. Even better, convert taxable interest to tax-deferred interest. Fixed annuities anyone? Increase contributions to retirement plans. [...]
Archive for October, 2010
Unemployment Kick in the Shorts
The Oklahoma Employment Security Commission has released the new wage limit and rates for 2011. The new rates for 2011 range from .3% to 7.5%, up from .1% to 5.5% in 2010. The wage base increases from $14,200 to $18,600. So, what does this mean to you as a business owner? It means that [...]
Green Technology That Actually is in the Black.
I admittedly am not your typical Green fan. Many of the claims of cost savings are dubious at best, but this is not the time and place for social and political discussion. It IS, however, time to discuss something we all can agree on, MONEY! As a “Green Sceptic”, I look at many of the [...]
Why Dave Ramsey is Bad for Business-Part 2
More insidious than Dave Ramsey’s obsession with debt, is his admonishing small business owners to not have partners. Let me say upfront that I completely understand what he is trying to accomplish with people, and I’ve certainly experienced my share of bad partnerships, but abstaining from all business partnerships is frankly a little goofy. Let’s [...]