Some Small Businesses Opt for the Health-Care
Penalty
Small-business owners
across the U.S. are bracing for the health-care law that kicks in next year,
fearing it will increase the cost of providing insurance to employees.
US private employers add 158K jobs in March,
fewest in 5 months
WASHINGTON A survey shows
U.S. companies added fewer jobs in March compared with the previous month, as
construction firms held off on hiring after three months of solid gains.
Private employers added
158,000 jobs last month, payroll processor ADP said Wednesday. Thats down from
Februarys gain of 237,000 and Januarys 177,000.
As Business Lending Rises, Concerns Emerge
About Profit
On the economic scene, it
would seem heartening to see a surge in loans that banks are making to
corporations of all sizes. The loans help finance business expansion, which may
lead to jobs growth. And it shows that banks dont have to pile back into real estate
loans, recently the source of crippling losses, to grow.
IRS Audit Red Flags: The Dirty Dozen
Here are twelve hot
spots on your return that can raise the chances of scrutiny by the IRS.
Ever wonder why some
tax returns are eyeballed by the Internal Revenue Service while most are
ignored? The IRS audits only slightly more than 1% of all individual tax
returns annually. The agency doesn't have enough personnel and resources to
examine each and every tax return filed during a year. And its resources are
shrinking
the number of enforcement staff dropped nearly 6% last year, partly
due to budget cuts. So the odds are pretty low that your return will be picked
for review. And, of course, the only reason filers should worry about an audit
is if they are fudging on their taxes.