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News Our web site again quoted by the Korea Times on 5-24-00 as a professional site to provide helpful information to the Korean business community. (5-25-00)
On-line trading Unlimited free trading and pay only 1.5% of account value per year. SalomonSmithBarney (5-25-00)
Technology Money saving and easy to use accounting softwares, Peachtree Complete Accounting and MAS 90. (5-19-00)
Tax - need more time to file tax returns? You can request for the automatic 4 month extension for individual returns and 6 month for corporations. More (4-5-00)
The IRS reports the top 1% of taxpayers paid 33% of the total income taxes (latest year 1997), $250,700 or more. If your income was greater than $79,000, you were in the top 10% and paid 63% of the total income taxes. (4-5-00)
Salomon Smith Barney, a member of Citigroup A. Sungil Noh, CPA firm is proud to announce the Professional Alliance program for assisting in client investment services. (3-8-00)
Buying home Buying a home is one of good tax savings because tax deductions are allowed for interest payments and real estate taxes paid during a year. (3-23-00)
No limits on Social Security benefit Social Security recipients can receive full benefit regardless of how much they earn from other sources. (3-22-00)
Asian economic recovery The economy in the east Asia region, including Korea, is recovering rapidly these days. However, this recovery can turn south if the Japanese Yen becomes weaker. (3-21-00)
Biotechnology stocks are hot Recent performance of some biotechnology stocks are keep going higher and higher. (2-7-00)
Tax law changes and tax saving ideas Summary of recent tax law changes and tax saving ideas for the tax season of 2000. See details (1-31-00)
Investing - outlook for year 2000 It appears we will have another good year. Who would thought the NASDAQ average return for 1999 could go over more than 85%? See detail information on economic growth, inflation, interest rates, and earnings growth. (1-3-00)
Benefit of home equity loan Normally, interest paid on a car loan or any other personal loan is not tax deductible. However, if you borrow the home equity loan to pay off personal loans, the interest thereof is fully deductible for loans up to $100,000. (12-13-99)
New tax rates for 2000 When you purchase fixed assets, you can expense them up to $20,000 per year--no depreciation. See details for various corporate and individual tax rates. (12-6-99)
New ways to save money You can now order postage from the various web sites without going to a post office; no maintaining stamps and purchasing the postage meter. Visit web sites: www.pcstamp.com, www.estamp.com, www.pitneybowes.com and www.postageplus.com. (11-8-99)
Costs of automobile insurance are decreasing Costs are decreased about 3% last year and they are expected to decrease more than 4% this year. If your rates are not reduced, you should consider checking other rates. (10-29-99)
New - This is a re-designed web site Revised in September 1999 (originally created in 1998) to provide general tax, accounting and financial information.
Tax - Home Office Deduction, Now More People Can Take a Deduction With the passage of the home office provisions of the Taxpayers Relief Act of 1997 which is effective from 1999, these new rules allow more taxpayers to deduct home office expenses. (more details)
Pension - More Contribution to 401 (k) for Small Companies The safe-harbor formulas for 401 (k) eliminate the need for companies to perform annual nondiscrimination testing. (more details)
Finance - Three (3) New Loan Programs under the SBA Loans The SBA adds new loan programs to guarantee bank loans to small businesses. In addition, highlights of the SBA loan programs are outlined in this article. (more details)
Investing - A Japanese-Korean, Masayoshi Son, Became the King of the Internet He accumulated more wealth than Chung Ju Yung of Hyundai Group and Lee Kun-Hee of Samsung Group combined. (more details)