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SBA - Minority Wonmen's Business Seminar (March 2007 - Brooklyn NY)

Small Business Seminar

Focus: Minority Women Business Owners

Tips for success.

Call 718-963-4112 x563 for details

Senate evaluates taxes of private equity, hedge fund managers

Senate evaluates taxes of private equity, hedge fund managers

The Senate Finance Committee is reviewing the tax structures for private-equity partners and hedge fund managers in an effort to quell tax avoidance. According to a senior aide, "we are looking into instances where funds may be using tax strategies to convert what would be income into capital gains for tax advantage."

Full story




tax, hedge fund, account managers, investments, risk, compliance, IRS, tax law

Retirement Surplus... What Surplus???

Talk of surplus savings has retirement planners worried

A recent report that some economists say Americans are saving too much, not too little, for retirement, is causing headaches and consternation in the financial-planning industry. Some experts say the report has done a disservice to workers. "This is the kind of message that people want to hear. This reinforces what they are already not doing," one expert said.

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retirement planning, savings, investment

E*Trade to offer global trading to U.S. customers

E*Trade to offer global trading to U.S. customers

Online broker E*Trade Financial Corp. is unveiling an upgrade to its Web site that will make it easier for U.S. customers to invest overseas. The company's new Global Trading Platform will offer local-currency investments in Canada, France, Germany, Hong Kong, Japan and the U.K. It will eventually expand to cover 42 international markets.


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etrade, global trading, global markets, brokerage

Savings and Retirement Symposium

Savings and Retirement Symposium
March 1 and 2

The enactment of the Pension Protection Act of 2006 was a landmark event for the financial-services industry, corporate plan sponsors and the government entities that regulate our retirement system. SIFMA's 2007 Symposium offers participants a tremendous opportunity to gain insight on these policy changes. The symposium will include sessions to help firms respond to the new law's provisions on investment advice, automatic enrollment, new flexibility for IRA transfers and distributions, and a host of other issues. Additionally, policy experts will discuss new proposals for hybrid retirement plans and automatic IRAs to address ongoing retirement savings concerns.

Register today



retirement planning, investments

Plan to close "tax gap" may force brokers to report what investors pay

Plan to close "tax gap" may force brokers to report what investors pay

Brokers, mutual funds and others in the financial services industry may soon be required to tell the IRS the original price that investors pay for securities. A bipartisan group of legislators is backing a plan to close the "tax gap" by making it harder for taxpayers to understate their capital gains.

full story





tax, IT, regulation, tax gap, regulatory reporting

House prepares small-business tax plan

House prepares small-business tax plan

House Democrats are expected to introduce a $1 billion small-business tax break package that will accompany the recent minimum-wage increase. The package, which is substantially smaller than the Senate's proposed $8 billion tax cut, calls for revenue increases to offset the tax breaks and is expected to go to the House Ways and Means Committee.

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small business, tax, congress, tax law

Pension funds, investors worry about the downside of living a long life

Pension funds, investors worry about the downside of living a long life

So-called longevity risk, in which people outlive their money, is leading pension funds and other traditionally conservative investments to take on additional risks. As life expectancy rises, low yields on long-term bonds are unlikely to provide enough income for aging investors.

full article




pension, investments, retirement

Bernanke warns of growing wealth gap

Bernanke warns of growing wealth gap

Federal Reserve chairman Ben S. Bernanke delivered a speech Tuesday in Omaha urging policy-makers to improve education and training for the domestic work force impacted by growing technology and globalization. Bernanke warned that such a trend could harm our market-based economy make the public at large "less willing to accept the dynamism that is so essential to economic progress."

more info




education, economics, wealth gap

Merrill will change client accounts to portfolio-based system

Merrill said to be planning move to portfolio-based system

In a move that could have wide-ranging implications for the financial-advice industry, Merrill Lynch & Co. may soon abandon its managed accounts platform and instead adopt a portfolio-based system.

more info




client accounts, account management, brokerage, investment portfolio

Do you have a MEC? Modified Endowment Contracts

Modified Endowment Contracts

When using life insurance policies with investment or cash value features to build wealth, keep in mind these IRS rules to avoid major tax pains.

What is a MEC?
http://www.irs.gov/irb/2006-46_IRB/ar12.html
http://www.irs.gov/irb/2005-25_IRB/ar10.html
http://www.irs.gov/irb/2006-45_IRB/ar11.html

How much money can I put-in/take-out of my life insurance policy?http://www.massmutual.com/mmfg/pdf/mec_client_guide.pdf

What if I resturcture the cash flows (Life Insurance Settlement)?http://www.lisettlements.com/articles/Corsi-article.doc

Common Questions about MECs
http://www.equitable.com/customer_service/faqs_life.cfm?topic=208

Need more assistance? Contact Tax Pros today.
P: 718-875-0556 or go to Tax Pros Online.



insurance, MEC, modified endowment contracts, tax issues

The Art of Managing Wealth - the Wealth Management Boom

The Art of Managing Wealth
Preparing Your Practice for the Wealth Management Boom

Key topics covered during the webcast will include:
- How to define and capture your target market
- What kind of services wealthy clients are looking for
- What kind of wealth advisory firms are acquisition targets
- Investment challenges in wealth management: “open architecture” vs. proprietary products

Register today



wealth management, personal finance, baby boomers

Real-Time Collaboration Gets Real

Real-Time Collaboration Gets Real

Real-time collaboration, or presence, will become the "focal point" of the desktop for Procter & Gamble employees, says the company's director of computers and communications services. Rather than ending a task to collaborate with co-workers, employees can connect with others directly within applications. P&G is using several Microsoft products that let its employees escalate instant messages to Web conferences, for example. Not only do collaboration tools improve productivity, but they give far-flung colleagues — and sometimes partners and customers — a sense of community. The experiences of several companies using such tools are spotlighted.

more info





business tools, collaboration, networking, project management

Lending the Well-Heeled a Hand

Lending the Well-Heeled a Hand

Rather than try to break into the luxury-goods market, entrepreneurs are starting service boutiques that cater to the wealthy.

full article





marketing, sales skills, business strategy

Marketing: Selling to Executives

Selling to Executives

What's different about selling to a company's top officers, how to get through to them, and how they like to be sold.

full article





marketing, professionals, managment, sales skills

When Commercial Space Is a Good Move

When Commercial Space Is a Good Move

When is the right time to move from a home office to commercial space discusses planning and making the move.

Full article





small business, SOHO, commercial real estate

What Entrepreneurs Need to Know

What Entrepreneurs Need to Know

Ranking higher on search engines, deciphering startup jargon, examining the benefits of networking service LinkedIn, and more

more




business, markeing, search engine, SEO, social networking

How to Get Financing and Investors for Your Business

Rules for Raising Capital

Getting money isn't difficult, but getting the right money at the right time on the right terms is what matters. Here's how to do it. more info.



How to Secure Financing

Ready to take your business to the next level? Here's what you need to know and do to land the capital you need. more info




business, capital, finance, loans, investment, small business, startup