Co-Author: Kristen Hart Recently, the Kentucky Department of Revenue issued guidance on which items are included in cost of goods sold (COGS) for purposes of computing the Kentucky Limited Liability Tax (LLET). For any activity other than manufacturing, producing, reselling, retailing, or wholesaling, no costs should be included in COGS.
How has VP/Sales Manager base salary changed over the years? In the Cincinnati/Northern Kentucky area, the answer differs depending on the size of your distribution company. As found in the 2012 Wholesale/Distribution Compensation & Benefits Benchmarking Study, VP Sales/Sales Manager compensation for smaller companies took a hit in the
As the White House and Congress continue their debate about raising the government’s debt ceiling, one of the issues on the table is a repeal of “last-in, first-out” accounting, which would essentially mean a multi-billion dollar tax increase on companies that utilize the accounting method. President Obama and other Democratic
The following is reprinted with permission from the winter 2011 issue of Nonprofit Insights, our quarterly newsletter for nonprofit decision-makers: News travels fast. Bad news travels faster. The first hint might appear when your executive director takes a call from the local newspaper. “Did you know about your van