August 28th, 2010
Unlike Enron’s technique of hiding liabilities in shell entities, some business owners simply overlook valuable assets that can be secured with very little effort in most cases.
These overlooked assets often come in the form of unclaimed tax refunds associated with various federal and state tax incentive programs. These programs range from:
- Research & Development Credits
- Federal and State Hiring Credits
-Eco/”Green” Tax Credits
- Sales and Use Tax Credits and Exemptions
- Property Tax Refunds/ Exemptions
Current business owners, or buyer’s of these businesses, can obtain a significant economic advantage by documenting these refunds and working them into there business plan, exit strategy, or factor them into their acquisition strategy.
To read all the details, please click on the following link:
http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2010/CorpTax/M_and_A_Transactions_Enhanced.jsp
For full access to all of my AICPA articles, please click here:
http://www.cpa2biz.com/search/results.jsp?N=79&mode=content
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www.twitter.com/taxcredits_cpa
www.blakechristian.com
Tags: 2010 Tax Planning, 2010 Tax Rates, 2011 Tax Rates, Due Diligance, eco credits, Hiring Credits, M&A Tax Planning, Private Equity Firm Taxation, tax refunds
Posted in California Enterprize Zone, Finance/ Retirement, Green/ Eco Credits, Tax - State & Federal Hiring and Equipment Credits | No Comments »
August 9th, 2010
Due to increasing deficits, a languishing economy and horrendous unemployment rates, some experts are saying that President Obama has little choice to break his promise of not increasing taxes on the middle class.
For an interesting analysis by Financial Times’ columnist Clive Cook, please read the following article:
http://www.ft.com/cms/s/0/cffa56fa-9d97-11df-a37c-00144feab49a.html
Read more Clive Cook U.S. tax policy analysis:
http://www.ft.com/cms/s/0/1b4c44d8-a32e-11df-8cf4-00144feabdc0.html
For weekly tax updates, sign up to follow me at:
www.twitter/taxcredits_cpa
Tags: 2010 Tax Hikes, 2010 Tax Rates, Blake Christian, Bush Tax Cuts, Capital Gains Rates, Clive Cook; Financial Times; Obama Tax Proposals, hcvt
Posted in Finance/ Retirement, Politics, Tax - General | No Comments »
July 31st, 2010
Federal Reserve Board of San Francisco Promotes California Enterprise Zones.
Empowered Banking and the Federal Reserve Board recently sponsored a banking and business seminar to inform bankers, business owners and consultants about the power of the California Enterprise Zone in stimulating job creation, capital investment and bank loans.
To read how employers can secure hiring credits up to $37,000 per qualified employee, generate equipment credits ranging from 10% ot 30% and secure lower rate loans, please click on the PowerPoint link below:
http://www.empoweredbanking.com/2010/Events/FederalReserveEvent
To read more about the wide variety of state and federal hiring credit programs available for virtually any business, click on the article links below:
Accounting Today Hiring Credit Article:
http://www.webcpa.com/ato_issues/24_9/will-work-for-tax-breaks-54829-1.html
CCH Tax Figures Profile:
http://newsletters.cchgroup.com/node/265
For weekly tax and financial updates, please bookmark and follow me on:
www.blakechristian.com
www.twitter.com/taxcredits_cpa
Tags: California Enterprise Zone Credits, equipment credits, federal stimulus, Hire Act Credits, Hiring Credits, state stimulus, state tax
Posted in California Enterprize Zone, General Business Matters, Tax - General, Tax - State & Federal Hiring and Equipment Credits | No Comments »
July 31st, 2010
There are over 60 federal agencies with over 130,000 employees and combined budgets of over $20 billion. So don’t be surprised to hear: “I’m from the federal government and I’m here to talk about your business”.
To read about the federal government’s most recent moves to force business compliance with employment, immigration, tax and other regulated areas, click the link below:
http://www.cpa2biz.com/Content/media/newsletters/Corporate_Tax_Insider/corptaxinsider100624.jsp
To read a variety of tax planning articles, please click on the link below:
http://www.cpa2biz.com/search/results.jsp?Ntt=blake+christian&Ntk=C2BSearch&Ntx=mode+matchallpartial&N=0&Nty=1&Ns=P_UpdatedDate|1
To receive weekly tax and financial updates, please bookmark me at: www.blakechristian.com and follow me on twitter at: www.twitter.com/taxcredits_cpa
Tags: compliance costs, Congress, Employee vs. Independant Contractor, EPA, Federal Compliance, IRS Audits, Obama, state tax audits, tax audits
Posted in General Business Matters, Politics, Tax - General | No Comments »
June 20th, 2010
Financial Time (U.K.) analyzes the continuing hurdles in building the U.S. infrastructure:
http://www.ft.com/cms/s/0/e2b1d566-75ba-11df-86c4-00144feabdc0.html
Press-Telegram (LB, CA) discusses quick charge breakthrough and political efforts for California infrastructure:
http://www.presstelegram.com/news/ci_15330285
With all the talk of shifting U.S. drivers to “cleaner” electric and other alternative fuel vehicles, we may still be a decade away from a significant shift to plug-in electrics.
The added cost of electric vehicles and the need for local, regional and national infrastructure to get the driving public comfortable with the current “range axiety” that is a constant worry for drivers with normal battery driving range of 40-80 miles.
Other issues include standardizing the plug-in units and the length of time to fully charge the battery. While technology is working on “quick-charge” processes, current charging times can be as long as 8 hours, which means the plug-in charging stations must be positioned must differently than gasoline stations. For example – malls, business complexes, and in residential units.
The final issue being debated is whether the electric alternative significantly reduces the carbon footprint of electric car owners after factoring in the manufacturing process, replacement and disposal of dirty batteries, the continuing need for large and less-than-clean electric power plants, and the need to dispose of old cars and manufacture new ones.
Technology advancements are clearly being made….but time will tell…..
Tags: Alternative Fuels, battery cars, clean transportation, electric grid, Green Transportation, Hybrid Vehicles, PEHV, Plug In Electric Vehicles, smart grid
Posted in Automotive/ Motorsports, Climate Change/ Global Warming, Green/ Eco Credits | No Comments »
June 14th, 2010
Solar/ Eco Credit Presentation to the Long Beach Sustainability Taskforce June 14, 2010.
PowerPoint presentation is available in Media Library.
Please email me at: blakec@hcvt.com if the PowerPoint is not accessible.
Also check out my Twitter Page: www.twitter.com/taxcredits_cpa for more eco-credit information and weekly tax and economic updates.
Tags: Energy Credits, Enterprise Zone, Long Beach Solar, Schipske, Sustainability Task Force
Posted in California Enterprize Zone, Climate Change/ Global Warming, Green/ Eco Credits | No Comments »
June 4th, 2010
Warren Buffet Turns Sour on Muni Bonds. Thanks to Massive Underfunded Pensions, Dwindling Revenues and Inability to Raise Taxes – State and Local Agencies Are in for a Rough Ride. Over $14 Billion of Muni Bond Defaults in 2008 and 2009. This may be just the tip of the iceberg.
http://www.moneynews.com/StreetTalk/warren-Buffett-Municipal-Debt/2010/06/03/id/360924?s=al&promo_code=A01D-1
U.S. Unemployment Continues to Challenge Recovery. Census Workers Cannot Cure the Problem (WSJ).
http://online.wsj.com/article/SB10001424052748704764404575286263535019280.html?mod=djemalertNEWS
Long-Term U.S. Problems Continue (The Economist) -
http://finance.yahoo.com/tech-ticker/%22longer-term-issues-for-america-are-really-really-serious%22-bishop-says-498808.html?tickers=%5Edji,%5Egspc,tlt,tbt,euo,man&sec=topStories&pos=9&asset=&ccode=
Tags: Muni Bonds, Municipal Bankruptcy, Municipal Defaults, Pension Crisis, stimulus, tax hikes, Tax Increases, Underfunded Pensions, Unemployment Rates
Posted in Finance/ Retirement, Politics, Tax - General, Tax - State & Federal Hiring and Equipment Credits | No Comments »
May 31st, 2010
http://www.cpelink.com/product/detail.php?p=1757
Going Green: Federal and State Eco-Credits and The Regulatory Landscape
Date: Wednesday, June 16, 2010
Instructor: Blake Christian, Nancy Pfeffer
| Begin Time: |
9:00 am Pacific Time
10:00 am Mountain Time
11:00 am Central Time
12:00 pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
Who Should Attend
CPA/ practitioners and private industry accounting or tax personnel who are looking to establish a solid knowledge base of ways to reduce the after-tax cost of going green. These overlooked benefits can distinguish your CPA practice or your department’s contribution to the bottom line of the business owner.
Topics Covered
Federal and state environmental regulatory landscape
Tax credits available for truck and automobile fleets
Tax credits/ deductions available for alternate fueling stations
Tax credits available bio-mass, alternative fuel production, alternative energy, including solar, wind, co-generation, etc.
Impact of grants and credits on depreciable basis
LEED-certified building deductions
State incentive overview, including equipment credits and hiring credits
Grant opportunities
Case examples of incentive programs
Additional articles on this and other tax topics can be accessed at: www.lakechristian.com or www.twitter.com/taxcredits_cpa.
|
Tags: BP Gulf, Cap and trade, Carbon Trading, CPE Link, eco credits, Energy Policy, Energy Tax Incentives, LEED Buildings, Pollution Control Incentives
Posted in Automotive/ Motorsports, California Enterprize Zone, Climate Change/ Global Warming, Green/ Eco Credits, Tax - State & Federal Hiring and Equipment Credits | No Comments »
May 31st, 2010
California Long-Term Unemployed doubles to 880,000 over the past year. Over 40% of the unemployed have been out of work over 27 weeks.
http://www.sacbee.com/2010/05/30/2786659/nearly-880000-californians-are.html#mi_rss=Top%20Stories
There are also a variety of state and federal tax credits available for employers who hire unemployed workers, including certain recent graduates, veterans and other economically disadvantaged employees:
http://www.accountingweb.com/topic/education-careers/unemployed-can-use-tax-laws-secure-job
Read how to maximize the immediate 6.2% Social Security tax holiday and the $1,000 hiring tax credit for hiring the unemployed. http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2010/CorpTax/HIREAct2010.jsp
For a full library of related articles, log onto: www.blakechristian.com or www.twitter.com/taxcredits_cpa.
Tags: California Unemployement, Enterprise Zone Tax Credits, Federal hiring incentives, HIRE Act 2010, Hring Tax Credits, Long Term Unemployed, payroll credits, payroll tax breaks, Social Security Tax, Unemployed, Veteran Tax Breaks
Posted in California Enterprize Zone, General Business Matters, Tax - General, Tax - State & Federal Hiring and Equipment Credits | No Comments »
April 29th, 2010
The following article details the various tax and penalty aspects (including effective dates for the multiple tax provisions) and health insurance mandates under the 2010 Patient Protection and Affordable Care Act (P.L. 111-148) and the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) [together the Healthcare Bill]:
http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2010/CorpTax/New_Healthcare_Act.jsp
For daily tax and financial updates, please follow me at:
Tags: 2010 Tax Increases, Healthcare Act, Healthcare taxes, Healthcare Twitter, obamacare, Tax Increases
Posted in Healthcare, Tax - General, Tax - State & Federal Hiring and Equipment Credits | No Comments »