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Hi, Andrew. Here are your Articles for August 27, 2009.
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LBMC's 2009 Business Issues Conference
Tuesday, Sept 22, 2009     8:30 a.m. – 12:00 p.m.
Chattanoogan Hotel, Chattanooga, TN
(Registration and breakfast begin at 7:30 a.m.)

A welcome message from LBMC's managing partner will kick off this unique event, followed by a panel comprised of Chattanooga business professionals as they present a unique look at the current business issues and emerging trends of the Chattanooga market, how the issues are affecting business today, and what you can look forward to in the months to come.



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So, how's this recession thing going for you?
 - Is it clear how the future is going to unfold for you and your customers?
 - Have you cut all the expenses you care to?
 - Are you ready to grow again?
 - Are you ready to acquire – or to be acquired?

 Are you smiling yet? If so, congratulations on your past efforts and current enviable position; if not, you have a lot of company in the organizations across the planet. Last October, we advised that – during times of uncertainty – a focus on planning and executing three things:


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Rob VanceThese formulas for dividing marital assets will make your job easier.
While no one goes into a marriage with expectations of getting divorced, sometimes divorce is unavoidable. There are many reports stating that the divorce rate in the United States is 60% or higher -- so how do you make the financial analysis of divorce as easy as possible?

Rob Vance has written a detailed article featuring two methods or "steps" that can help in the division of the marital estate. The article covers various aspects of alimony as well as payment. Included are steps that follow a case study that illustrates the primary factors attorneys should consider and the knowledge and services that should be expected from a forensic accountant.

"Breakin' Up Is Hard To Do" has been published as the cover story in the August edition of the Tennessee Bar Journal.


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Since its inception 4 weeks ago, the LBMC Biz Buzz blog has received a handful of new topic entries.
 
 


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For years, college students with no independent income have been targeted by credit card companies. Some rack up large debts that parents and grandparents wind up paying. All that is going to improve soon, thanks to a new law, but the changes haven't kicked in yet so be prepared for aggressive credit card marketing when the students head back to campus this fall. Here are the basics of the law, along with some tips on how students should manage money responsibly.

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LBMC Strategic Staffing offers executive and professional placement services on a permanent and contract basis for Accounting/Finance, Human Resources and Executive Administrative Professionals.

Check out the top candidates, listed by LBMC Strategic Staffing.

Click Full Article to see who is listed.

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Change is on the horizon in the tax world. For the rest of 2009, your business can take advantage of two lucrative depreciation tax breaks for purchasing equipment and software. But unless Congress takes further action, depreciation deductions are scheduled to be substantially reduced in 2010. Here is information about these and other tax breaks that are set to change next year.
Copyright © 2009

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Some people always seem able to outperform others even when they all have the same skills. And there's a reason for that. Here is a look at a basic and crucial trait you should look for when you want to hire the best and inspire your employees to excellence.
Copyright © 2009

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Difficult conditions can create a crunch for even your best customers, forcing them to fall behind in their payments. To keep them as customers and to maintain a robust receivables policy, you need to be aware of their circumstances and tailor your approach appropriately. Click "Full Article" to learn four typical financial scenes that can slow a good customer down and some strategies for dealing with them.
Copyright © 2009

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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