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Medicare surtax planning for high incomes

As the year comes to a close, there’s little time left to be sure your investments are tax-smart. The Affordable Care Act, commonly known as Obamacare, creates additional Medicare taxes for high-income taxpayers. There are two new Medicare tax increases: (1) a 3.8 percent tax on “net investment income,” and (2) a 0.9 percent Medicare… Continue Reading Medicare surtax planning for high incomes

Key performance indicators: Any company, no matter how small, can benefit from monitoring KPIs

All too often, accounting becomes an afterthought — a nuisance that must be cranked out quarterly or at the end of the year. A different perspective, however, could change that attitude and boost business performance. In reality, accounting — by way of key performance indicators (KPIs) — ought to be a daily part of business,… Continue Reading Key performance indicators: Any company, no matter how small, can benefit from monitoring KPIs

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Colorado’s personal income has grown for five consecutive quarters, according to Bureau of Economic Analysis. Personal income reached $216 billion in the third quarter, up 0.77 percent from $214 billion in the second quarter. After dropping in the second quarter of 2009, personal income in Colorado began to grow again in the third quarter of… Continue Reading Colo. personal income grows for 5 straight quarters

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CFO survey: Weak job market to continue in region

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More than 8 in 10 Chief Financial Officers believe the U.S. economy will not recover until the second half of 2011, if not later, according to a survey of more than 500 CFO’s conducted by Grant Thornton International. Just 24 percent of those surveyed said they plan to hire over the next six months, with… Continue Reading CFO survey: Weak job market to continue in region

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Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months. Personal spending rose at an annual rate of 0.2 percent in September, the Commerce Department said Monday. That’s below the 0.5 percent gains recorded in July and August. Incomes fell 0.1… Continue Reading September consumer spending weak while incomes dip

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Consumer spending and personal incomes weak

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The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economic recovery slowed in the spring. Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster consumer demand. Incomes were also flat, the weakest showing in nine months.… Continue Reading Consumer spending and personal incomes weak

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REI doubles earnings

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Recreational Equipment Inc., otherwise known as REI to outdoor enthusiasts, more than doubled its earnings during 2009. The company reported that its profits increased from $29.8 million from $14.5 million during 2008. Operating expenses increased slightly to 37.8 percent from 37 percent a year ago. Operating income increased 36.6 percent to $100.6 million from $73.6… Continue Reading REI doubles earnings

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