Have a 401(k) Retirement Plan? Your Business May Have to Cut It if Reform Passes

Have a 401(k) Retirement Plan? Your Business May Have to Cut It if Reform Passes

    Where’s the Money?

      Laurie Kulikowski of MainST reported the possible reform to 401(k) incentives may hurt small business owners offering retirement plans to their employees because the tax benefits and incentives, if cut, will make offering these plans not so attractive.

    The losers also include employees, but again, small businesses always seem to get attacked first when it comes to balancing the budget in Washington.

    The Occupy Wall Street protest really isnt organized all that well but they do demand cutting expenses on frivolous projects or programs on the Federal level. Read more

What Are the Critical Issues Concerning Total Employee Compensation?

What Are the Critical Issues Concerning Total Employee Compensation?

      Total employee compensation is the sum of all rewards, compensation, and benefits, both direct and indirect enjoyed by the employee. The critical issues concerning total employee compensation are establishing a base compensation package, differentiating between costs to the company and employee pay, inclusion of variable pay components, and legal compliance.

    Base Compensation Package

    The primary issue concerning total employee compensation is developing base compensation. Read more

A Guide to Corrugated Cartons and Boxes

A Guide to Corrugated Cartons and Boxes

In the UK there is huge demand for corrugated cartons. These prefabricated boxes are industrially manufactured and are available in different sizes and shapes. Basically, there are two types of boxes single wall and double wall. The single wall cartons are much cheaper than double wall carton because of their simple design.

Two flat sheets are used for manufacturing single corrugated cartons with an additional sheet running through the middle of the two flat sheets at a repeating angle. Read more

Expatriate Tax Returns : 5 Tax Saving Tips For US Tax On American Expats

Expatriate Tax Returns : 5 Tax Saving Tips For US Tax On American Expats

Whether you are a US citizen, a Resident Alien or an American Expatriate, there is no escaping tax ( US Tax for Americans Living Abroad ). Since tax payment constitutes a major portion of your expenses and with the introduction of new tax filing forms requirements imposed by the Foreign Account Tax Compliance Act (FACTA), taking steps to ensure tax savings is the only long-term solution to save up on your finances.

If youre an American expat living abroad and wish to save your tax payable in the States, here are the 5 simple solutions you can follow :

    Do NOT Invest in Mutual Funds

IRS classifies all foreign mutual funds as Passive Foreign Investment Company (PFIC), unless the fund is designed as a partnership. Read more