Business Flip!Flip Business Flip

Small as well as large business organization often takes out loan for growth and development of their business. After the recent economic meltdown, many business organizations failed to pay back the owed amount. These firms incurred debt in the fluctuating financial market. If the organizations are unable to tackle the downturn condition, then they can further complicate the situation. Therefore, the business organization can eliminate its financial obligation by enrolling in a debt relief program. However, the owner of the organization should evaluate different types of business debt relief options to select an appropriate program to get rid of debts.

There are different types of debt relief programs available for the organizations when they incur overwhelming debt. While evaluating the debt relief options, the business owners should focus on two main points: a) get rid of the creditors as well as b) ways to save the organization.

Here are a few different types of business debt relief options that help the organization to eliminate their debts:

1. Bankruptcy is considered to be a viable option to get rid of business debts. Read full post…

The Hawaii Housing Finance and Development Corp., on behalf of Castle & Cooke Homes Hawaii    Castle & Cooke Homes Hawaii Latest from The Business Journals Follow this company , is looking for a developer to build a 5,957 square foot community recreation center as part of the Kapolei Village Center at Kamaaha Loop.

The nearly 1-acre parel is vacant and sits near the center of Kapolei.

Adjacent landowners include Kapolei Elementary School to the east, Kapolei Recreation Center to the west and Village Center to the north.

The deadline for submittal to the Request for Proposals is May 14 at 4:30 p.m. A developer will be selected this summer.

The RFP is available for viewing at HHFDC, 677 Queen St., Suite 300. C

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One of my favorite sketches from SNL’s  Wayne’s World  was when the guest star (memory eludes me) was a cool kid who was on Wayne’s show to announce what the new, cool word would be for the upcoming school year. That not only struck me as funny, it brought back memories of my own school days when it was very important to use the latest phrase.

The words seemed to evolve out of nowhere. One day,we were showing approval to something or someone by saying it was “Neat.”  Then without warning we switched to “Groovy,” and then to “Boss,”  ”Tough,” “Far-out” and on and on. Nobody really thought about who started it or why we all followed.

Think about it – do you have any idea who was the first person to wear a backwards baseball cap (other than actual baseball catchers – who have a legitimate reason.) 

Not Just High School

It’s one thing in high school but the same phenomenon exists in sales and marketing.  People tend to pick up phrases and

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Brazen Careerist is a career management company that hosts online job fairs, gives advice through the Brazen Life blog, and offers online bootcamps that help job seekers boost their job search and professional skills through BrazenU.

The most popular course has been the 20-day Executive Social Media Bootcamp that features social media experts from companies like Citi, Ford, Ogilvy and Mather, Edelman, Behance, and more.

Im happy to announce that Brazen Careerist is offering a 15% discount off the price of the 20-day Executive Social Media Bootcamp to the Women On Business community!

The bootcamp is available online and on-demand, so you can start it anywhere and anytime. The course covers social media strategy from a beginner to advanced level, including how to use social media to boost audience engagement and sales, measure ROI, increase workflow efficiencies, and more.

You can follow the link to learn more about the Executive Social Media Bootcamp, and to register for the program.

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The Ritz-Carlton Kapalua    Ritz-Carlton Kapalua Latest from The Business Journals Follow this company on Maui is among Lehman Bros.’ holdings that will be sold later this year as the investment house’s 2008 bankruptcy finally draws to an end.

The Honolulu Star-Advertiser is reporting that the Maui resort is part of the collection of assets that will be sold starting in April to satisfy creditors in Lehman Bros.’ $639 billion bankruptcy, which remains the largest in U.S. history.

Collectively, the 404-room Maui resort and other property holdings are expected to raise about $35 billion once they are sold.

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By affirming yesterday that a West Des Moines CPA had to pay FICA taxes on about $91,000 of his earnings from his professional S corporation — instead of the $24,000 he put on his W-2 — the Eighth Circuit helped make the first marks in the big unmapped area of how much compensation S corporations must pay their employee owners.

Income reported on an S corporation K-1 isn’t subject to FICA and Medicare taxes. This tempts S corporation owner-employees to skip the W-2 and take out all of their earnings as S corporation distributions. The IRS naturally doesn’t like that, and they have been successful for some time in attacking S corporations paying zero salary.

The case decided yesterday made a bold challenge to the IRS position. Rather than taking a zero salary, the S corporation shareholder took a $24,000 salary, with the rest of his $200,000 or so earnings from his practice coming out as S corporation distributions. This avoided the 12.4% combined FICA tax and the 2.9% Medicare tax on the difference.

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