You remember the song, The Twelve Days of Christmas. Here at
AccountingWEB, we're offering our alternative from a financial
perspective, The Twelve Days of Tax Savings. We've provided
twelve useful pre-year-end tips for cutting your tax dollars.
Enjoy the ditty, feel free to sing along. Meanwhile, we wish you
all a happy, healthy, and peaceful holiday season.
Gail Perry, CPA
Questions & Advice
Selling shares to employees
I am with a private company, setting up a subsidiary in the U.S.
Is it common for a private company to give employees shares? Are
there some approvals in a private company context, that require
unanimous shareholder approval under corporate law? What I am
getting at is here we give employees shares, but if you let them
go, then they block things.
Add your input!
Banking in the U.S.
I am with a Canadian company setting up business in the U.S. Is
it common for a U.S. bank to margin receivables at 75% and
inventory at 50% for an operating line?
Share your suggestions today!