Holiday Gift Giving to Customers

It may be before Halloween, but now is the time many companies begin to think about holiday gift giving for their important clients. It may be the thought that counts, but the IRS has limits on how much a gift can cost and still be considered a business tax deduction. For more information on business gift giving, read this C.P.A. Insight.

Trading Curbs and Halts

A trading halt is a temporary suspension in the trading on the New York Stock Exchange if the Dow Jones Industrial Average were to drop to a predetermined trigger level. The halt is designed so that investors can evaluate what news is moving the market. For more information on the trigger levels for the remainder of 2009, read this Investment Whys.

Update on College Tax Breaks

The American Reinvestment and Recovery Act of 2009 provided several tax incentives regarding saving for college and paying tuition for higher education for the 2009 and 2010 tax years. For more information on how the Act affects 529 College Savings Plans and the newly created American Opportunity credit, read this C.P.A. Insight.

Flood Insurance

According to the Federal Emergency Management Agency, 25% of floods occur in low-to-moderate risk areas. After the mid-September storms, if you live in north Georgia, you may be painfully aware that your homeowners insurance specifically excludes flood damage. For information on how to protect your home against flooding, read this Insurance Know-How.