Archive for August 11th, 2008
Employers Boost 401(k)s to Meet Workers’ Demand
Corporate America may have turned its back on traditional pensions but it appears to be embracing 401(k)s more than ever.
While retirement savings remain largely up to employees, companies are spending more to strengthen their plans through features that boost savings such as automatic enrollment, advice and more investment options. Some also are increasing or initiating [...]
Posted: August 11th, 2008 under 401K, Money, Personal Finance.
Tags: Accounting Software, Ariba Inc, Automatic Enrollment, Business Sense, Charles Schwab, Charles Schwab Corp, Corporate America, Corporate Reputation, Employee Contributions, Finance Executives, Financial Success, Investment Options, Quality Work Force, Retirement Assets, Retirement Savings, Silicon Valley, Silicon Valley Companies, Survey Respondents, Target Date, Traditional Pensions
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Parents Can Get Credit for Sending Kids to Day Camp
IRS Summertime Tax Tip 2008-04
Here’s a tax break for the busy summer. Many working parents must arrange for care of their children under 13 years of age during the school vacation period. A popular solution — with a tax benefit — is a day camp program.
The cost of day camp can count as an expense [...]
Posted: August 11th, 2008 under Dependent Credits, Money, Personal Finance, Tax Breaks.
Tags: 13 Years, Childcare Provider, Daycare Facility, Dependent Care Credit, Dependent Care Expenses, Designations, Gov Irs, Governmental Web, Information Check, Irs Publication, Irs Site, Irs Tax, Irs Web Site, Overnight Camps, School Vacation, Tax Benefit, Tax Break, Tax Form, Tax Tip, Vacation Period, Working Parents, Www Irs Gov
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IRS Increases Mileage Rates Through Dec. 31, 2008
The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business [...]
Posted: August 11th, 2008 under Income Taxes, Money, Tax Breaks, US Economy.
Tags: Business Mileage, Business Miles, Calendar Year, Charitable Organizations, Depreciation, Gasoline Price, Internal Revenue Service, Irs Commissioner, Irs Mileage, Mileage, Mileage Figure, Moving Expenses, Reimbursement Rate, Rev Proc, Rising Gas Prices, Shulman, Standard Mileage Rate, Standard Mileage Rates, Taxpayers, Variable Costs
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