Business News Online

Posted on Friday, 19th February 2010 by admin

Windows 7: The Definitive Guide by William R. Stanek is an excellent guide to the latest and greatest version of Microsoft Windows. It is well written, well organized, and chock full of useful advice, tips, and tricks for getting the most out of Windows 7.

Something for Everyone

Although not a “Windows 7 for Beginners” book, Windows 7: The Definitive Guide does cover a lot of the basics of Windows 7, making this Windows 7 manual appeal to a broad range of users. The general assumption is that the user has a basic familiarity with prior versions of Windows.

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Posted on Friday, 19th February 2010 by admin

The dollar’s extended decline, together with huge loan losses in the U.S. banking system and anxiety among foreign creditors about the value of their Treasury holdings, seemed in mid-2008 like a recipe for the euro to overtake the fallen greenback as the world’s reserve currency.

Yet the case for the euro has weakened markedly since then. The euro cratered at the end of 2008 and plunged again this year as debt default worries took hold in Greece.

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Posted on Wednesday, 17th February 2010 by admin

Click on the chart to view other currencies.

On Tuesday, the dollar fell versus rivals amid investor optimism about the global economy and signs the European debt crisis is easing.

What’s driving prices: The dollar was supported by improved U.S. economic data that boosted optimism about the recovery.

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Posted on Monday, 15th February 2010 by admin

According to the North Carolina (NC) Department of Revenue Directive PD-10-1, effective January 1, 2010, a payer is required to withhold North Carolina income tax of four percent from non-wage compensation paid to either of the following:

• A nonresident individual or nonresident entity for personal services performed in North Carolina.
• An Individual Taxpayer Identification Number (ITIN) holder who is a contractor and not an employee for services performed in North Carolina.

The requirement to withhold applies to payers who, in the course of a trade or business, expect to pay more than $1,500 within a calendar year of non-wage compensation.

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Posted on Saturday, 13th February 2010 by admin

One of the advantages of having a corporate business structure is protection of personal assets. But how does this concept relate when it comes to personal bankruptcy and S corps? The answers are outlined in this article.

Overview

Personal bankruptcy and S corps can still go together as long as no fraudulent acts were committed in personal and/or business affairs.

So, the short answer is, filing bankruptcy on your personal affairs should not affect your ability to continue running your business as an S corp.

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Posted on Saturday, 13th February 2010 by admin

By contrast, the exit strategy that Federal Reserve chairman Ben Bernanke laid out Wednesday detailing how he expected the Fed to start tightening credit in the U.S. caused barely a ripple.

“It’s a global economy and it’s becoming more and more global,” said David Wyss, chief economist for Standard & Poor’s. “You have to pay attention to what’s happening in the world’s No. 2 economy.” (China is technically still #3 but is poised to pass Japan once Japan reports its 2009 gross domestic product this weekend.)

Kurt Karl, chief U.S. economist for Swiss Re, said the 8.7% economic growth in China last year is a major part of the reason the global recession likely ended in the middle of 2009.

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