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Even simple capital accounts can get complicated

These questions came in rapid-fire succession! This is a complicated subject and very misunderstood, but I am asked these questions frequently. I hope this very basic discussion will help. Q: We want to buy a building and plan on forming ...

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Building relationships is key to advancement, collaboration

I just returned from an inspiring summit in Atlanta, hosted by the Black Women’s Leadership Council. The council started as an employee-driven organization within the Xerox Corporation back in the mid-1980s. It has since expanded to include membership to all ...

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Mortgage interest deductions do have some restrictions

Q: We are in the process of financing a new home and have heard that we may not be able to deduct all the mortgage interest we will be paying. Is this true? We did not think there was any limitation on deducting the interest paid on a mortgage.

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Cubicle cops become bad guys without context

A friend of mine recently shared a story about a trend in some of the emails coming from her office manager. For the last nine months, Frankie, whom she describes as one of the most likable, friendly and helpful office managers you could hope to work with, has started to sound kind of militant about tidiness.

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Plan ahead to keep business running in disasters (access required)

Q: With all the recent natural disasters – fires, floods, earthquakes, tornadoes and hurricanes – we have begun to think about developing a disaster recovery plan for our company. Do you have any thoughts as to what we should consider? ...

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Property management as a litmus test for the economy

Tammy Cox, of Cushman & Wakefield Commerce in Boise, Idaho

Whenever I see a frog, I can’t help but smile. Frogs are considered to be “nature’s litmus,” a test of a healthy, well-balanced ecosystem. Sitting right in the middle of the food chain, frogs are quite sensitive to the environment and can ...

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Respond right away to IRS correspondence (access required)

Q: I recently received a letter from the Internal Revenue Service saying I did not report all my income. I know I reported everything, so can I just ignore the letter or do I have to respond? I really don’t ...

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Companies win when they focus on retirement savings

Gas prices inched up at the start of June to $3.79 a gallon in Idaho, according to AAA Oregon/Idaho. When considering whether to put extra dollars into their gas tank or into their 401(k), many individuals and families think they ...

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Temporary workers may or may not be independent contractors (access required)

Q: Over the next few months our company is going to need some extra help. This is only a temporary situation, so we don’t want to hire a new regular employee and go through the process of offering benefits, direct ...

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Give everyone a fair shot at being recognized

Attraction and retention are top of mind for company leaders. As unemployment falls, new opportunities present themselves to an organization’s best and brightest. One way your company can ignite new enthusiasm in the workplace is through an employee recognition program. ...

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