Your travel, meals, and autos: highlights and money-saving strategies
Article Abstract:
Provides a guide to the calculation of business expensives, such as travel, entertainment and car. Business meal claims must involve business discussion and reimbursements for tickets and entertainments must be for the ticket price. Eighty per cent of entertainment expenses is tax deductible. Internal Revenue Service car mileage rates are 28 cents per mile for business use, 12 cents for charitable use and 9 cents for medical and travel. Over reimbursement for car mileage is employee-taxable. Employees who use company cars for private use must reimburse the company.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 1993
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Don't kill that deal: how to negotiate openings and closings
Article Abstract:
The intial meeting in a business negotiation is vital. Negotiators should be informal, cooperative, understanding and certain of their company's needs. Major issues should be avoided at the first meeting as this may be perceived as too aggressive. The closing of a deal is just as important and requires a sense of good timing. Those who draft the contract have an advantage as protective clauses can be included. The contract needs to be clear, succint and credible.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 1993
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Your retirement money: what a difference a percentage point makes!
Article Abstract:
Additional percentage points can make a significant difference on earnings of retirement accounts due to the long maturity period of the investment. Retirees must be made aware of this fact in order to maximize returns on their investments. An additional one percentage point for an investment of $100,000 can amount in a difference of $6,929 in a five-year period and as much as $177,461 over a 25-year period.
Publication Name: The Business Owner
Subject: Business, general
ISSN: 0190-4914
Year: 1998
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