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Checking on your economic stimulus check

Checking On Your Check: If you’re wondering where your money is, use the IRS Where’s My Stimulus Payment tool to check. Answer three simple questions — your Social Security number, the type of return you filed and the number of exemptions you claimed — and you’ll get a quick report of how big your rebate is and when it was, or will be, electronically deposited or dropped in the mail. If you’re more than a week or so ahead of the trigger date, you’ll be asked to check back later.  Where’s your money been lately…………Find George!

From our friends at Hanover Financial Services

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Private money vs. public money

During challenging times such the ones that we are facing right now - the sub-prime mortgage crisis, the economic slow down, inflation, high energy prices - companies tend not to go public.  Good bad or indifferent, capital available to emerging growth companies is changing. Read the rest of this entry »

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Texas Franchise Tax, finally done

Since Rhodes Holdings LLC and most of our clients do business in the great State of Texas, we wanted to keep everyone up to date on information for Texas corporation.  Last year, the Texas legislature changed the franchise tax, or corporate income tax if you live in other states, so that it it could alleviate some of the high property taxes here in Texas.  It looks like it might have backfired, as the changes to the corporate tax might affect many small businesses negatively - like to the tune of increasing their corporate taxes 20 times in some cases. Read the rest of this entry »

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Charity starts at home

Well, I always believe that you should put your money where your mouth is, so that is just what I have done!  My friend, John Newman, referred me over to Ali McDougal, a young lady with a campus mission at the University of Houston and Texas Southern University.  With this, I get to affect two items I love - U. of H. and God’s mission on earth.

 Her website is available at http://www.alimcdougall.com/.  Of course, don’t stop there.  You can donate as well by going to: https://admin.everynation.org/giving/?P=010224.

I know this is not related so much to business, but the personal side of business is the reason why we do it.

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SEC Memo from Washington DC SEC counsel

Summary of U.S. Securities Laws Governing Reporting Public Companies and Their Officers, Directors and Significant Shareholders:

February 2008 SEC legal MEMO from Michael Paige

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Audit Brief (from LBB)

LBB & Associates Ltd., LLP (LBB) is a Houston, Texas based public accounting firm specializing in audits of small and micro-cap publicly held entities, as well as privately held entities, in a broad range of industry sectors. Each quarter, they put a briefing that helps us keep up with what is happening with the SEC.  Here is their last one… Read the rest of this entry »