Lion's Share Management Consulting | Business Consultant Philadelphia Area

01/05/2014

Are you concerned about the new healthcare laws? Or don't understand them completely? Let us know! We would happy to share our expert knowledge about the challenges ahead for business.

05/31/2012

New Jersey Residents, get ready for online sales tax. NJ has lured Amazon.com to set up warehouses in the state via tax incentives. In return, NJ will be able to collect sales tax on Amazon.com purchases from NJ locals starting July 2013. Obviously, this will affect existing NJ businesses and consumers.

http://www.philly.com/philly/business/20120531_Amazon_to_build_warehouses_in_N_J___collect_sales_tax.html

Online retail giant Amazon.com will invest $130 million in New Jersey, build two warehouses, and bring 1,500 full-time jobs to the state, Gov. Christie announced Wednesday.In return, the Seattle-based Internet retailer will collect the state’s 7 percent sales tax from New Jersey residents who ...

02/21/2012

"I have always found that plans are useless, but planning is indispensable." - Dwight D. Eisenhower

02/09/2012

Technology companies continue to hire at a torrid pace. Here is the story from Businessweek.com.

Dozens of technology companies boosted payroll by at least 50% in the past two years

01/30/2012

This will impact nearly all companies which own their facilities. The new IRS rules provide different accounting standards for the components and major systems of a building, instead of the building as a whole.

Six of 10 execs in tax departments unsure if the rule -- changing capitalization of costs incurred to acquire or improve property -- will help or hurt, according to KPMG survey.

01/24/2012

Expect some increase in acquisitions and capital projects for the upcoming year as companies open the purse strings on the trillions in corporate cash reserves, per Deloitte survey.

Nearly half of companies say they plan to cash this year. But will they

01/17/2012

From Forbes, this is a quick read on potential directions Health Care Reform may run.

The Fate of Health Care Reform — What to Expect in 2012 — NEJM. The New England Journal of Medicine's article on the fate of health care reform in 2012 greatly saddens the optimist in me. It discusses four important events, and I'll share my "simplistic view" of these events: State Legislatures [.....

01/12/2012

Here is some more guidance on the new payroll tax law. Corrections for over payments are required to be made before March 31. Also, there is a "recapture" provision which is an additional tax for any employee making more than $18,350 between January 1 and February 29. Consult with your tax professional to discuss your specific situation and how this might impact you.

Pay close attention to the recapture provision, which imposes an additional income tax on some employees.

01/09/2012

Philadelphia case study: the perils of not clearly defining your customers and what you are selling them. It seems to have been a $500 million mistake when Safeway bought Genaurdi's only to revamp the product offerings which made Genaurdi's so successful. Here is the story...

Before there was Wegmans, there was Genuardi's Family Markets. And that's where the tragedy of what was once one of the region's most revered supermarket chains begins and ends. Few in the...

12/31/2011

Happy New Years from Lion's Share! To help get you and your business off to a great start, here are a few suggestions from the Harvard Business Review. Enjoy and best wishes to you and yours!

To get yourself and your team off to a good start for the new year, focus on progress. Our research discovered that fostering progress in meaningful work is the most important way to keep people highly engaged at work — even if that progress is a "small win." We call this phenomenon the progre...

12/27/2011

In case you missed it, Congress reached a stop gap agreement on keeping payroll taxes at their current level. This will impact every employee in America. Unfortunately, this measure will expire in two months. So it remains to be seen what your payroll taxes will be for the balance for 2012. Here is the story.

Every issue that divided Democrats and Republicans — payroll tax rates, jobless benefits and Medicare fees — remains unresolved.

12/04/2011

It appears the payroll tax cuts are likely to be extended for 2011. As you probably are aware, there is a temporary 2% cut on social security taxes for 2010. There is still posturing on the issue, but it appears there is enough political will for this to be extended. Stay tuned.

Boehner said that he hoped House Republicans would support an extension of a payroll-tax holiday, but offered no resounding assurances one day after the Senate voted down two partisan proposals.