You are here: Home >Archive for January 18th, 2012

The New 1099-K Adds New Level of Confusion

This year, there’s one more 1099 form to add to the mix: the 1099-K. If your business takes payments via credit cards or services like PayPal, you may find one in your mail box later this month.

The forms will be sent by payment settlement entities — typically, banks or other institutions that pay merchants and [...]

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A Kite with a Broken String – The Balanced Scorecard

How do executives expect to realize their strategic objectives if all they look at is financial results like product profit margins, return on equity, earnings and interest before interest, taxes, depreciation, and amortization (EBITDA), cash flow, and other financial results? These are really not goals – they are results. They are consequences. Measurements are not [...]

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Rip-off Britain and why Ed Miliband can’t buck the market

Bashing “rip-off Britain” is about as brave as praising motherhood and Ed Miliband is just the latest to do so – but could his proposals work? Forcing pension fund managers and financial advisers to provide clear information about their charges would plainly be a good thing, as it would enable savers to identify value and [...]

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The euro is pushing Italy into depression

Here is the latest money supply chart from the Banca d’Italia. Just look at M3. Horrendous. See page 7 of this report. This speaks for itself. There is no clearer indictment of the dysfunctional nature of monetary union. Italy is being pushed into depression. Criminal. Obviously, Italy and Germany can no longer share the same [...]

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Free Meerkats aim to cut the cost of credit cards

Meerkats look set to become caught up in a dogfight over which comparison website offers the most comprehensive service. Four years after the credit crisis began, it is a sign of the times that competing  websites are shifting their rivalry from comparing motor and household insurance to assessing which credit card is best for different [...]

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