Taxes
Could S Corp Owners Be A Tax Target?
Janet Novack, 01.15.10, 10:00 AM EST
New GAO report, health bill, suggest more might be wrung from them.
The report features new estimates of S corp finagling–estimates based on special in-depth “National Research Program” audits the Internal Revenue Service conducted on 2003 and 2004 S corp tax returns. Over those two years, the GAO estimates, 68% of S corps misreported their net income, understating their combined net profits by $85 billion.
Event: The 2010 Economic Forecast for Entrepreneurs at Council For Entrepreneurial Development
Moderator: Don Seaquist, global business leader and former CFO of Embrex, will discuss with the three guest speakers financial trends that will impact entrepreneurial companies in the coming year.
Speakers include:
- Anika Khan, Vice President and Economist, Wells Fargo
- Jack Sheffield, Managing Director, Deutsche Bank, Greensboro-Winston-Salem
- Teresa Spangler, Managing Partner, PlazaBridge Group
When: January 20, 2010 Time: 12noon – 1:30pm
Where: CED’s Entrepreneurship Center (100 Capitola Dr, Ste. 106, Durham, NC 27713)
To join this CED member event, click here.
Fees: No Charge seating limited to the first 65 registrations. Please note: registration closes 2 days prior to the event
Attendance will be limited to the first 65 registrants to promote conversation and sharing of ideas.
Managing
The Way To Innovate To Beat Radical Discontinuity
Mark W. Johnson, 01.11.10, 03:38 PM EST
There’s a basic secret to being able to look forward rather than back.
In the early 19th century most people lit their homes with lamps that burned whale oil. In mid-century a Canadian physician and geologist named Abraham Gesner developed kerosene, a cleaner-burning alternative made from a newly plentiful resource, crude oil, and founded what became the modern petroleum industry. Whaling, which had been a major world industry, ceased. Then Thomas Edison threw a light switch, and the world changed again. No one wanted the foul smell and dangerous flame of kerosene lanterns in their homes when they could have clean and easy electric light. Demand for fossil fuels plummeted, and they rose again only when Henry Ford came along and made the new technology of automobiles affordable for the masses. Today the ramifications of global warming threaten the automobile, electric power and oil industries. Full Story
It is hard to imagine a war on talent with so many people out of work and layoffs continuing but this article puts this war in perspective as companies begin to build for growth, learn they must do a better job at selling value and that customer service will be a make or break revenue growth deal breaker! Those companies that invest in people, invest in growth and invest in their customers will be the real winners of this century ( and certainly for 2010).
Leadership
Get A Head Start In The Coming War For Talent
Lori Rosenwasser, 09.25.09, 04:40 PM EDT
Four steps to take so you can keep your best employees when jobs elsewhere start opening up again.
| Lori Rosenwasser |
You might imagine that with recession upon us, the war for talent has ended. Just a year and a half ago, companies were spending frantically to try to come up with ways to beat their competitors at recruiting the best and brightest new workers. There were amazing stories.
One pharmaceutical company predicted that it would need to hire tens of thousands over the next few years. It was going to have to look far outside the sciences, hiring people in information technology and marketing, so it was going to be up against companies like Google and L’Oréal for talent.Then the crisis hit. Staffs were slashed in industries everyone had thought were rock solid. The tide turned, and it became a buyer’s market for talent. Not only are most companies not actively recruiting, many don’t seem much concerned about retention. They figure most employees are holding on to their jobs for dear life. FULL STORY
Christopher Steiner On Innovation
12.30.09, 06:00 AM EST
There is always a better way to do things–and that brings hope for the year ahead.
The Big Trend
“Design thinking”–that is, innovating via a structured analysis of specific challenges in a particular process or industry. Five books hit the market this year on the subject. Change by Design, by Tim Brown, chief executive of design firm IDEO, may be the best. “The core of great entrepreneurship is bringing people what they need–and there’s always a better way to do it,” says Brown. “That’s what design thinking helps us figure out.” Full Article