The Small Business Tax Help Blog

Posts Tagged ‘tax’

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Question: Do you think the Obama Tax cut to small business on capital gains will help?

Obama plans to help small business and cut or eliminate the capital gains tax. Do you think this is a good idea?
So Republicans think a tax cut is a bad idea? How odd?

Answer: There you go again overloading their circuits with facts. The conservative computer virus will not allow the brain to process contradictions. Do you really want to cause them to meltdown?

Pawlenty Plan Would Quadruple Tax Cuts For Richest Americans: CBPP

Move over Bush and Obama, there’s a new king of tax cuts in town.

President Obama Gives Tax Cuts 2011 Politics Business Economy

Fitch Rates Onondaga County, NY’s GOs ‘AAA’; Outlook Stable

Fitch Ratings assigns an ‘AAA’ rating to the following Onondaga County, NY bonds:

FASCISM: GE & Others Pay No/Little Taxes; Lobby For Loopholes But Not To Change Corp Tax Rate

Question: which of the following statements about the corporate form of business?

which of the following statements about the corporate form of business organization is true?

a.the corporate form has the disadvantage of double taxation relative to a solve proprietorship
b. the corporate from has the advantage of unlimited liability
c.the corporate form is preferred over the sole proprietorship because a corporation is easier to form and faces less regulation
d. sole proprietorship are the most common form of business organization because liability is limited to the amount invested in the business by the sole proprietor.

Answer: A

Business buzz

Robert E. Smith Jr. has been promoted to director of planning for the city of Montgomery.

Business Entities – Sole Proprietorship

Harry Winston Diamond Corporation Reports Fiscal 2012 First Quarter Results

Harry Winston Diamond Corporation today announced its first quarter Fiscal 2012 results for the quarter ending April 30, 2011.

Talking About The UBT With April Silver and Sara Horowitz

Question: CPA or CA program?

Firstly, i am from New Zealand studying at Otago Uni.I am doing a Bcom double majoring in accounting and finance. If i want to reach the NZ chartered accounting institute requirements i need to do another 4 accounting/tax/audit papers plus 4 liberal or non-business papers.As it is, my degree will take 4 years(with CA requirements). With CPA australia i don’t really need anything as they take a more practical approach and give mentoring ect. Is one more respected than the other? I know here they have CA firms. Can you work in these with a CPA?

I guess to give me an answer you really need to know what sort of future i want to get into. I guess i’d like to work in NZ for a few years then do some work in places like canada or America especially, or anywhere with good mountains and outdoors.

To sum it up; is CPA known well enough in NZ to do? or is the CA worth spending the extra year at uni to do.

Answer: I’ve just completed all the uni requirements for CA, and am about to sit PCE1 …. so I’ve already gone through the path of thinking which is better to do.

My thoughts:
You can’t practise in NZ without CA.
CPA is an Australian qualification so is great – for Ozzie.
CA is more easily transferable to other countries, IMO.
CPA is more like NZ ACA.

Conclusion: CA is worth the extra effort.

BTW, CA requires mentoring too. (See NZICA website.)

Timing of rate hikes in focus as Bollard upbeat on economy

Timing of rate hikes back in focus as Bollard gives upbeat take on NZ economy

NZ ECONOMIC COLLAPSE – part 1