During this time of year, many of us are buying toys of all kinds for our children. There are hundreds of toys available and the new ones just keep coming. Toys can be very beneficial in a child’s development but each year it is proven that toys can be dangerous by the sheer number of kids treated for toy-injuries. The U.S. Consumer Product Safety Commission (CPSC) has specific regulations put in place and closely monitors all toys made in and exported in to the United States to protect your children. The CPSC Toy Regulations have improved the safety of toys and reduced the number of recalls substantially over the last few years. You can be more confident than ever when buying toys, but these regulations are only in effect for toys made after 1995, so be careful when buying or accepting used toys and make sure they are in good condition and are safe.
Archive for December, 2009
Green Safety Tips for Buying Toys this Christmas Season
Tuesday, December 22nd, 2009
Tax Advantages, Bonus Depreciation, and Net Loss Carry Backs for 2009
Thursday, December 3rd, 2009Effective November 6th, 2009 under the “Worker, Homeowner, and Business Assistance Act of 2009 – WHABBA for short”….all US Businesses of every size can now carry back Net Operating Losses (NOL’s) up to FIVE years. A Net Operating Loss is the excess of the taxpayer’s business deductions over its GROSS Income. The previous legislation allowed businesses with less than $15 Million in gross receipts to carry back a NOL two years.
IMPACT FOR BUSINESSES – A business that carries back a NOL to a prior profitable year can obtain a quick refund from the IRS for that prior year. This will provide additional cash that the business can use to pay expenses, maintain operations, and make new investments.
Go Green Certifications to Benefit the Environment and Your Business’s Bottom Line
Tuesday, December 1st, 2009Everybody these days is focused on “Going Green” and even organizations and government agencies are addressing the need to Go Green to protect our environment. Sure, Going Green means we are saving our environment, but another major benefit is to the business owners as by Going Green they are drastically reducing their energy expenses meaning they are improving their bottom line, and these days…improving your bottom line ensures your future.
