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| General Business/Management Strategies |
An interesting new study determined how much time employees actually waste on the job -- and what they do while they're wasting it.
| Wealth Advice/Estate Planning |
If there hasn't been enough to worry about with a shaky real estate market, here's something to add to the list: Identity thieves are stealing home equity.
| Family Business/Succession |
Nepotism - favor shown to family members - is normal in family-owned businesses. But it can lead to unique problems, particularly if the next generation of family leaders is not experienced or qualified.
The International Classification of Diseases, Clinical Modification (ICD-10-CM) is to be implemented Oct. 1, 2013. This may seem in the distant future, but it is recommended that you develop an implementation strategy, education plan and budget as soon as possible.
More than half of nonprofit organizations across the country experienced a decrease in contributions in March, April and May of 2009 because of the downturn in the economy. And, at least 8 percent are in imminent danger of closing.
Controlling Cash Flow - Shop your insurance often. Make sure you deal with solid companies, but don't let them get complacent with your business.
Your Savings - Don't let money languish in the bank. Keep just enough in checking to cover bills and fees and put the rest to work in CDs, money markets, etc. where you will get a better yield.
| Latest Business Headlines |
Reuters
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USA Today
New York Times
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Announcements
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QuickBooks Training Class
A QuickBooks Training Class will be offered by McGowen Hurst Clark & Smith, P.C.,on Tuesday, Nov. 12, from 4 p.m. to 8 p.m. at Small Business Technology Services, 1906 Ingersoll Avenue, Suite 12, Des Moines. This class is geared for beginner to intermediate users. It is a hands-on class with each participant having access to a computer. The cost is $100, with all materials provided. Please call 515-276-9889 to register. The instructor will be QuickBooks Proadvisor, Tara Raymond.
MHC&S Volunteers at the Latino Heritage Festival
Many employees of McGowen, Hurst, Clark & Smith P.C., volunteered their time the weekend of Sept. 19-20 assisting at the Latino Heritage Festival. The festival and was held at the Blank Park Zoo, and is the largest ethnic event in Iowa, with over 20,000 people attending. The festival was organized by our client, Latino Resources, Inc., a non-profit entity whose purpose is to develop and oversee the Latino Heritage Festival. A special thank you to all the employees who volunteered and especially to Tara Raymond, MHC&S firm member and board member of the Latino Resources, Inc., who was in charge of many aspects of the festival including securing all volunteers.
On the Home Front
Mike McNichols, Audit partner, secured an at-large seat on the Bondurant-Farrar school board. Elections were held early this month. Congratulations, Mike.
After working nine years in our Winterset office, Betty Kirkland retired last month. Betty also announced her recent engagement, and plans to be married soon. Good luck and congratulations, Betty.
Year-End Tax Planning
Now is the time to begin collecting and organizing information for your 2009 Tax Return. Careful tax planning is an important step in minimizing your tax liability. Call our offices today to schedule your tax planning meeting. West Des Moines (515) 288-3279 - Winterset (515) 462-1882
Tax Deadlines
October 15 - Individuals and Partnerships
File a 2008 income tax return and pay any tax due if you were given an additional two-month extension.
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McGowen Hurst Clark & Smith, P.C.
1601 West Lakes Parkway Suite 300
West Des Moines, IA 50266
Phone: (515) 288-3279
106 E. Jefferson, P.O. Box 312
Winterset, IA 50273-0312
Phone: (515) 462-1882
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Our firm is a member of CPAmerica International
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