Archive for April, 2010

HIRE Act — The New Hiring Incentives

This article by John Vandenhoff, a tax specialist at Sands Anderson, describes some of the incentives for businesses that hire new employees under the Hiring Incentives to Restore Employment Act of 2010 (“HIRE”). We’ll have more on this important new law in some of our follow-on posts.

 

Amazon v NC Taxman: Round Two

Amazon.com, the Seattle-based online retailer, recently filed a lawsuit against the North Carolina Department of Revenue, trying to fend off the state’s request for customer names, addresses and purchases.

 

Are You One of the ECMC 3.3 Million?

Educational Credit Management Corp (“ECMC“), a large guarantor of federal student loans, recently reported the theft of stored confidential information, allegedly by an employee who is now in custody. This information included names, Social Security Numbers, date of birth and address of people who have student loans.

 

10 Arguments Against Paying Taxes (that will not work)

In honor of Tax Day, here is a list of 10 arguments against paying taxes from one of my favorite sites, Mental Floss. See the article for more information and entertainment.

 

What Do I Need to Do To Start a New Business?

A business acquaintance emailed me the other day: “I am seriously contemplating the plunge….hanging out my own shingle. If you were me, what is the first thing I should do? After emailing you.”

 

Protecting Yourself from Cashier’s Check Fraud

There is a scam targeting attorney firms, where someone from a foreign country emails a firm, saying they are trying to collect a large payment from a local company. The debtor pays by cashier’s check, which the law firm deposits in its trust account. The client becomes more and more insistent on being sent the [...]