RBM News

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Bible Belt may keep reins on accounting fraud, study says

Saturday, July 3, 2010

Companies in Alabama and other Bible Belt states may do a better job of thumping accounting fraud than those in other states, a study indicates. Research by Mays Business School at Texas A&M University found that companies headquartered in counties with high levels of churchgoing are less likely to practice aggressive financial reporting. The study

The Obama Tax Hikes--What to Do

Saturday, May 1, 2010

With the enactment of an enhanced federal role in medical care comes the need for revenue enhancement. The age of the Obama tax hikes has officially begun. The big news for high-income folks is a new 3.8% "Medicare" tax on investment income and an additional 0.9% Medicare tax on wages, both of which are to take effect in 2013. But workers at all income

Six Ways To Leave Less For Uncle Sam

Friday, April 30, 2010

Both the fabulously wealthy and the millionaire next door need to plan for the estate tax boomerang.

Health Care Reform Act

Wednesday, March 24, 2010

On March 23, 2010, President Obama signed the health care reform package approved by the House of Representatives. The Patient Protection Act (December 24, 2009), as amended by the House Reconciliation Act (passed on March 21, 2010), does not impose the income tax surtax on higher-income individuals originally proposed in the House last year. However,

Hiring Incentives to Restore Employment (HIRE) Act

Friday, March 19, 2010

On March 18, 2010, President Obama signed H.R. 2847, the Hiring Incentives to Restore Employment (HIRE) Act. The Act contains a number of tax provisions intended to promote hiring and encourage business investments. Payroll Tax Exemption The Act exempts employers from the employer portion of Social Security employment taxes (6.2% of the first $106,800 of

Five Tips to Avoid Tax Time Stress

Sunday, March 14, 2010

Filing your tax return doesn't have to be stressful. The IRS has put together five stress-relieving tips to help you. Don't Procrastinate - Resist the temptation to put off your taxes until the very last minute. Rushing to meet the filing deadline may cause you to overlook potential sources of tax savings and will likely increase your risk of making an

Tax Break for Contributions to Haiti Earthquake Relief

Monday, January 25, 2010

On Friday, January 22, President Obama signed into law H.R. 4462, an untitled act to accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake (the "Act"). Under the Act, a taxpayer may treat certain charitable contributions made after January 11, 2010, and before March 1, 2010, as having been made on

RBM Christmas Party

Sunday, January 3, 2010

The RBM Shreveport office celebrated its annual Christmas Party at East Ridge Country Club on December 17th. Employees and spouses enjoyed dinner and games throughout the evening. Christmas Pictionary was dominated by Scotty Amos' team, while newest member of the firm, Glynn Williams, serenaded the guests with his own rendition of Jingle Bells while

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