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HERSHEY ADVISORS, P.C.
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Certified Public Accountants
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Newsletter
Creative Solutions to Guide Your Business
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| | Are You a Business Owner or Hobbyist? Many of us would like to turn our hobby into a regular business. That's fine as long as the business turns a profit. And, it may be fine as well if the business produces a loss and you enjoy the activity; even better if the loss can offset income from your day job. | | | Required Minimum Distributions Waived for 2009 Taxpayers can be subjected to an onerous excise tax if they take less than the required minimum distribution (RMD) from their retirement plan each year. | | | Deducting Fraudulent Investment Scheme Losses In spite of diligent efforts by regulatory organizations to prevent fraudulent investment schemes, unscrupulous individuals and firms continue to find ways to manipulate the system and defraud unwary investors. | | |
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