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Why Your Small Firm Needs a Practice Continuation Plan
(California CPA) - A practice continuation agreement is a contract with another CPA or group of CPAs to take over your practice in the event that you can’t for health or other reasons. It provides for the transfer of your practice to a compatible, preselected practitioner. Additionally, the agreement can be used as a retirement vehicle.
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When Settling Litigation ALWAYS Address Taxes
(Forbes) - If you are involved in any kind of lawsuit, resolving it means you will probably pay or receive money. Either way, there will be tax issues. It’s true across a wide array of cases: injuries, property damage, investment losses, contract claims, even patents and trademarks. In all of them, consider taxes.
Facebook IPO: Why Your Data Is Worth $93 Billion
(PC World) - Investors will pressure Facebook, the public company, to find new ways of making money from users' personal data. If times get hard, can Facebook do that without endangering user privacy?
Schumer Proposes Tax on People Like Facebook’s Saverin
(Bloomberg) - U.S. Senator Charles Schumer proposed a 30 percent capital gains tax on people such as Facebook co- founder Eduardo Saverin unless they show they didn’t renounce their U.S. citizenship to avoid taxes.
Six Tips for Protecting Your Email Privacy
(PC Mag) - Sending an email message is certainly more private than posting on a social networking site, but email has its own dangers. Here are six tips to help you communicate without risking your privacy.
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