Competition continues to grow tighter for baby boomer employees in executive ranks. There are more candidates as the post-war generation ages and moves up the career ladder, but the number of executive positions is static. The result? Boomers are forced to be more aggressive, better prepared, and more innovative in employment styles. Alesia Benedict You’ll […]
Tag Archives: Labor
More and more, hiring managers are scouring social networks to find the ideal candidates to fill open positions. To be found online by recruiters and hiring managers, you must ensure that every word connects back to your thought leadership and area of expertise. Go back to your LinkedIn profile (and other social networking site profiles) […]
“Don’t do it! It will only hurt you in the end and the punishment will either come in the form of a lost interview opportunity or worse—a lost job and a damaged reputation. Everyone has accomplishments that are powerful enough to convey their value-add to an employer. You just need to put in the time […]
If you make eligible contributions to an employer-sponsored retirement plan or to an individual retirement arrangement, you may be able to take a tax credit. The Savers Credit formally known as the Retirement Savings Contributions Credit applies to individuals with a filing status and income of: Single with income up to $26,000 Head of Household […]
Your 1099 Should Have Been a W-2 Due to the widespread problem of employees getting 1099-MISCs from their employers instead of W-2s, the IRS created a new form in 2007 – the Form 8919. Using this form has saved employees thousands of dollars, while protecting their Social Security records and their tax status. Though it […]
Courtesy of the Internal Revenue Service TT-2008-36 Payments that you receive from your IRA or qualified retirement plan before you reach age 59½ are normally called ‘early’ or ‘premature’ distributions. These funds are subject to an additional 10 percent tax and must be reported to the IRS. There are a number of exceptions to this […]
Sit back and let me tell you a story. Many, many years ago, a CPA firm asked me to help this company set up their books – and to do the books for the year, so they could perform a certified audit. They told me that company had a new bookkeeper, an older woman. She […]
Eligible Taxpayers Must File a 2007 Tax Return to Receive Rebate WASHINGTON — The Internal Revenue Service today advised taxpayers that in most cases they will not have to do anything extra this year to get the economic stimulus payments beginning in May. “If you are eligible for a payment, all you have to do […]
Courtesy of the Internal Revenue Service TT 2008-24 Did you get your W-2? These documents are essential to filling out most individual tax returns. You should receive a Form W-2, Wage and Tax Statement, from each of your employers each year. Employers have until January 31, 2008 to provide or send you a 2007 W-2 […]