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Salim Omar

@OmarGroup

New Jersey small business advice from Salim Omar -- author, consultant, and President of The Omar Group CPAs in Monmouth County

 Cliffwood, New Jersey
omargroup.wordpress.com
Joined April 2012
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Are you required to take a withdrawal from your retirement acct before January? Avoiding can bring hefty fees. nyti.ms/2ACPAhE
As we get deeper into the holidays... we'd enjoy hearing: what are your most treasured aspects of this season?
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Did you read about the homeless fellow who gave his money to buy a motorist fuel? Folks are now donating to him. bit.ly/2j0lNer
The IRS has announced that interest rates for outstanding taxes and overpayments will remain the same for 1st quarter 2018.
2017 could prove the last year of certain medical deductions. You might look to accomplish expensive appts before Jan.
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For an IRS audit, law puts the burden of proof on *you* to show that your return was accurate. And... it's not easy.
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Experiments show that when people spend money on things other than themselves, their happiness boosts: bit.ly/2BI8fZD
Key to Happiness: Give Away Money

Key to Happiness: Give Away Money

livescience.com
The 2-Minute Drill-- A handy way to accomplish short To-Do's with the pockets of time you have.
You've all been given the pitch to open a store credit card... Does it actually save you money in the long run? usat.ly/2BCZKii
Sun is a big day in the sky, if you're talking about the moon. Look high to see the sole supermoon of 2017: cnn.it/2BBn8wE
The productivity suggestion of the day-- turn off cell phone alerts. Eliminating the distraction will bring great focus.
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Apparently, children score better on exams if given monetary rewards. What does this say about school? cnb.cx/2ke9b3S
American students try harder if you pay them, economists found

American students try harder if you pay them, economists found

Latest economic research finds that motivating U.S. students with cash yields higher test results and a greater willingness to answer questions.

cnbc.com
Reminder-- the final date to be sure you carry the required healthcare coverage is Dec 15th.
We've got some nifty end-of-year tips for how to make this Spring's tax bill less expensive. (732) 566-3660
A quick reminder... Don't neglect to keep records from the 2017 charitable donations you give.
Enjoy a slice of encouraging history, with a look at the story of Giving Tuesday: ti.me/2ic2yhw
This is a fantastic day for your tax deductions, but that your return can benefit from your giving is just one cause to give.
We've trekked through Thurs. feasts and the shopping weekend, today arriving at Cyber Mon! Some good tips: trib.in/2k5xfWv
Keep record of the online buys you make today, at filing time, we'll have to verify that state tax isn't owed on them.
Beyond simply shopping small businesses-- consider yourself an undercover marketer & mention your fav places on social media!
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