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February 2010




Welcome to our monthly Tax & Business Alert. It contains important issues that are faced by many today.  Our goal is to provide you with current articles on various tax and business topics. The articles are intended to keep you up to date on trends and issues that may impact your business and personal financial affairs.



What’s Inside this issue?
View the February 2010 Current Newsletter

 Plan Ahead for Self-employment If you are considering self-employment because of a pending layoff, job uncertainty, or just because it is the right time, you have a lot to plan for. So, please consider the following issues while making this important, life-changing decision.

College Costs Keep Skyrocketing The cost of attending college continues to climb at an accelerated rate. The College Board (www.collegeboard.com) reports that 2009–2010 tuition and fees have risen significantly.

 Bankruptcy—Advantages and Disadvantages If bankruptcy is the only viable business solution, a business generally can use two types of bankruptcy proceedings.

Save Taxes Using a Partial Annuity Exchange Variable annuity contract distributions generally contain two components, taxable income and nontaxable return of basis (investment).

Download the February  2010 Current Newsletter




Current Newsletter








  January 2010  


December 2009



November 2009






Prior Newsletters






    We invite you to contact our office to review the above and how they may apply to your particular tax situation.  


  Office Location
38 Fraley Street
Kane, PA 16735
Phone 814.837.9150


Most people work in their business!   The solution is to work on your business!