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Your internal controls — Is it time for a tune-up?
March 04, 2011 3:10 PM
Increasingly, businesses are saving time and money by paying bills online, making sales on the Internet and paying employees by direct deposit. Electronic transactions bring new internal control risks, and executives must address these new risks with new procedures.
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Giving Virginia’s students a strong financial foundation
February 16, 2011 10:28 AM
Mention “budgeting” or “compound interest” to the average person, and you’ll get a blank stare or awkward silence. Why? Because the basic concepts of money management are not embedded in our daily lives, and thus, people don’t recognize their importance.
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Tax cut extension provides unique gifting opportunity for wealthy business owners
February 14, 2011 11:23 AM
The law signed by President Obama to extend the Bush income tax cuts came with a surprise estate and gift tax benefit for high-net worth business owners — a $5 million gift and death tax exemption. Thus, business owners can protect $5 million from estate tax upon death (or $10 million for a married couple).
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Filling in the hole: making responsible financial decisions for the Virginia Retirement System
January 11, 2011 9:41 AM
Richmond, the city of monuments, is now home to another monument. But unfortunately, this is a “monument to deferred maintenance” called the Virginia Retirement System (VRS).
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Ho Ho Ho – Congress delivers an estate-planning present to business owners
December 20, 2010 12:54 PM
When the president signed into law a two-year extension of the Bush Tax cuts, most Americans were focused on the income tax ramifications. U.S. taxpayers will benefit from a two-year extension of a maximum 35 percent income tax rate and 15 percent capital gain rate. Business owners, who were rushing to sell their companies prior to increased capital gain rates, now have a two-year period to shop their companies and hope for a better market.
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The top 5 perils of performance management
November 30, 2010 12:23 PM
It’s that dreaded time of year for managers. Annual performance evaluations are due.
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How to keep your job in today’s economy
July 13, 2010 4:34 PM
Can you be counted on by others? Do you keep your commitments to get your work done as promised? These are just a couple of questions you should ask yourself if you are concerned about losing your job if your company is suffering financially.
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The role of trust in the workplace
May 17, 2010 2:36 PM
Backstabbing, pettiness and office gossip — those things only happen on the hit television series, “The Office” right? Wrong.
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Let’s avoid collateral damage from financial regulatory reform
May 05, 2010 2:57 PM
The current debate in the U.S. Senate on the financial regulatory reform bill has significant long term consequences for our economy and our nation. Because the banking industry is objecting to elements of the bill that would do more harm than good, we are being portrayed by some as opposed to any type of financial regulatory reform.
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Greening payments
March 29, 2010 11:33 AM
If you could potentially cut operating costs, improve service options and improve efficiency — all while helping protect the environment — would you?
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