Category: News

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The 3 Rules Exceptional Companies Follow

“The best companies don’t differentiate their products and services on price. They don’t try to solve problems by cutting costs or staff either. Truly exceptional companies find success based on value, and they emphasise finding ways to make money before finding ways to save it.”

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10 Tax Breaks That Just Expired

“This year, Congress let about 55 different tax breaks expire on Dec. 31. The full array includes everything from a credit for corporate R&D to tax relief for underwater homeowners. Every year, there is a raft of “temporary” tax breaks, credits and deductions that expire on Dec. 31. Lawmakers usually plan on extending them. But

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Tax Break For IRA Conversion Lured 10% Of Millionaires

“Congress dangled an incentive for high-income Americans to convert their tax-deferred individual retirement accounts into post-tax plans. Their response was overwhelming.”

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13 States Raise Minimum Wage In 2014

“The minimum wage will rise in 13 states this week, and as many as 11 states and Washington, D.C., are expected to consider increases in 2014, according to the National Employment Law Project.”

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Internal Auditors Take On Third Parties

“With companies outsourcing more responsibilities to third parties, the risks associated with outside firms are also increasing. While chief risk officers are often called upon to manage those risks, however, it is internal auditors who are responsible for setting up processes to identify third-party risk factors.”

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