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The tax, vat and accounting Blog

Archive for April, 2009

by Sive Iver

A 20th Annual Honor Dance and Spring Celebration (Pow Wow) at MSU Dome on April 24 to April 25, 2009 that is sponsored by the Native American Cultural Awareness Club. There will be an Educational Presentation from 1:00 P.M. to 7:00 P.M. on April 24 and on April 25 there will be Grand Entries Competition Pow Wow from 1:00 P.M. to 7:00 P.M.

The Native American Cultural Awareness Club is created to promote an awareness and sensitivity to Native American Indian culture and people. They provide a venue where the members will be able to participate in cultural activities to gather more information about their culture. It is for the members to understand their ancestors way of life and see the difference of the lifestyle between the two different times.

Native American or not Native American can join the club just as long as you are a student of the all Minot State University. The club holds a have bi-weekly club meetings during the school year at room 305 in the Student Center. Students and members are encouraged to join the meetings.

by Attorney Bob Montgomery

Sometimes people believe that just filing LLC papers with the State Filing Office is all that is required to set up an LLC. That’s a big mistake. Setting up an LLC (or corporation) is a process requiring 4 essential steps and each step is essential. If you miss any of the steps, then the limited liability protection provided by the LLC structure may be at risk.

- STEP NO. 1: Check A Name and Make Filing With State Filing Office

- STEP NO. 2: Prepare Organizational Minutes

- STEP NO. 3: Prepare & Adopt An Operating Agreement

- STEP NO. 4: Obtain New Employer ID (EIN) & Set Up a New Bank Account

Step 1: Check A Name and Make Filing With State Filing Office.

Check A Name. Once you have decided to form an LLC, you need to choose a name. Almost any name will work so long as it is not the same or deceptively similar to a name being used by another entity (corporation or LLC) that is filed with the State Filing Office (SFO).

by Jeffrey Mute

Buying mutual funds in the Philippines is a trend that a lot of investors follow today. This investment opportunity is popular due to the fact that it offers several advantages over other traditional investment options. If you want to join the bandwagon and invest in mutual funds but dont really know what it is about, then its time for you to be familiar with some general things about the said investment opportunity.

Basically, a mutual fund is an investment option which pools in resources from various investors before investing it into a diversified portfolio of investment. In a mutual fund company, a professional fund manager decides on the kind of investment which will give a maximum gain for their investors to put their money in. Usually, the investments a mutual fund company engages in include stocks, bonds, and money market investments.

A mutual fund company is legally owned by its investors, and the amount of ownership is determined by the number of shares owned. Likewise, the potential income from the fund is also established on share ownership.

by Amanda

Personal checks are a cool way to make a personal statement when you pay those bills. Let everyone know that you are a dog lover or go radical for wildlife by getting some checks with great pictures of bears, deer, zebras and gorillas. This is an easy way to keep that Serengeti Safari as close as your purse or pocket. If your world is one of rainbows, pixies and leprechauns let others share your joy and optimism.

Regular checks can be bland and boring so why not liven up the moment for everyone that comes in contact with yours. Believe me an interesting logo, sassy slogan or enchanting picture on your book of personal checks will get attention and get some smiles. Life is far too short to be dreary and this is an inexpensive way to pass a little cheer and happiness to others.

by Sive Iver

Kroger and Miller Lite will sponsor this year Krogers Fest-a-Ville on the Waterfront. The Fest will start on Thursday April 23 at the Great Lawn then will continue on to May 1 at the eve of the derby. All you need is the Pegasus Pin to attend the Fest. The show will start from 11:00 A.M. to 11:00 P.M. from Monday to Saturday, on Sunday it will start on 12:00 Noon to 11:00 P.M.

To start off the Krogers Fest-a-Ville there will be a U.S. Bank Great Balloon Glimmer. After which other activities like the Run for the Rose, American Founders Bank Derby Festival WineFest and the AT&T Volleyball Classic will follow. These activities will be enjoyed by all the different age group.

Daily activities will be the Bourbon Country a daily showcase of Kentucky Bourbons and an International beer garden and food. On April 25 and April 26 there will be an AT&T Volleyball Classic from 9:00 A.M. to 6:00 P.M. There is also an inflatable playground that kids can enjoy from 12:00 P.M. to 9:30 P.M. daily.

by Josh Borge

The economy is a strange thing. The recent surge of foreclosed condos has created more affordable opportunities for homeownership than ever before. Many condo developments sit empty while their frustrated housing managers struggle to find buyers. This has lead to a drop in condo prices, making owning a condominium an affordable opportunity. At the same time, the economic recession makes it difficult for homeowners to even imagine pursuing their dreams. Luckily, the first time home buyer tax credit makes it suddenly feasible for many to purchase real estate and take advantage of the prices that have resulted from the disrupted housing market.

Thanks to the first time home buyer tax credit, new homeowner’s receive an $8,000 tax credit or 10 percent of the home’s value. As the credit is not a loan, it does not require repayment. The credit reduces a homeowner’s tax liability. If the credit exceeds the taxpayer’s liability, a check will be issued for the remaining amount. That’s virtually money in the bank, inspiring more and more people to take advantage of the reduced prices of foreclosed condos.

by Sive Iver

The first Ponchatoula Strawberry Festival was on April of 1972 a year after the Ponchatoula Strawberry Festival Board. The sponsors for the first festival were the Ponchatoula Jaycees and the Ponchatoula Chamber of Commerce. In which three of its members were made a board member in the Ponchatoula Strawberry Festival Board.

The first festival was composed of 11 booths at the first block of North 6th Street. The estimated attendees of the first festival were bout 15,000. It was a two day festival that kicked off with a baseball game between Southeastern Louisiana University and Wisconsin State. There was a parade held at the afternoon through Ponchatoula that was joined by 65 units coming from all over the state.

The Ponchatoula Strawberry Festival Board vision was to hold a festival where the vendors will only be allowed for non-profit and charitable organizations. For the past 30 years The Ponchatoula Strawberry Festival has been the only fund raising festival. The Ponchatoula Strawberry Festival is also considered as the second largest free festival in the Louisiana celebration, it came second to the Mardi Gras.

by Carl Mays II

A weak medical billing staff can undermine the best technology and billing processes. Medical Billing success requires great medical billing employees. Developing a strong medical billing team is a difficult, but worthwhile effort. Here is how to make it happen:

1) Deploy a systematic approach to and dedicated resources for obtaining and developing strong employees:

Medical billing is a critical function and the process for finding and selecting medical billing employees must reflect the criticality of the job. You would not hire an accountant or an attorney based upon a few questions about what they liked or did not like about previous jobs, you should not hire medical billers with any less rigorous a process. Install multiple interviews and multiple testing levels. Test for billing knowledge, work style and work effort. Check references and check criminal history.

In addition to finding great people, you must continuously develop them. Less experienced medical billers should be continually trained so they can take over more difficult assignments. All staff must be trained in the latest changes to rules and regulations relevant for billing.


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