Texas Tax Changes
On July 19, 2011, Texas Governor Rick Perry signed S1, the omnibus fiscal matters bill, which contains numerous tax provisions. Key provisions, effective September 28, 2011, unless otherwise noted, are…
The Competitive Edge
Announcing Melton & Melton's New Website!
The Competitive Edge, Volume 1 Issue 3 | June 2011
In today's technologically advanced environment, websites are critical to providing excellent customer service and maintaining successful client relationships. Effective websites must be resourceful, informational, attractive and easy to use. To…
Spotlight Shines on New Facebook Case
The Competitive Edge, Volume 1 Issue 3 | June 2011
Nominated for several Academy Awards, the movie “The Social Network” was one of the cinema hits of 2010. In real life, millions of users turn to Facebook at all times…
Five Ways to Invest for the Future
The Competitive Edge, Volume 1 Issue 3 | June 2011
At some point you will no longer be able to work, or want to work, due to health conditions, age or the economy—or all three. Thus, it is critical to…
Q’s and A’s on Section 529 Plans
The Competitive Edge, Volume 1 Issue 3 | June 2011
Section 529 plans may provide significant benefits to cash-strapped parents who intend to help pay for their children’s college education. Here is a quick Q-and-A session on this intriguing option….
Tax Angles to Capital Gains and Losses
The Competitive Edge, Volume 1 Issue 3 | June 2011
The tax rules for offsetting capital gains and losses can be confusing, even for experienced investors. Saving grace: The new 2010 Tax Relief Act extends favorable tax treatment for long-term…
How to Reduce Cash Outflows
The Competitive Edge, Volume 1 Issue 2 | April 2011
The flow of cash leaving your business can be a major concern during this economic slump. Of course, this is a sensitive matter, because you do not want to jeopardize…
New Estate-Tax Relief: It’s Complicated
The Competitive Edge, Volume 1 Issue 2 | April 2011
At long last, revisions to the estate-tax rules were included in the new federal tax legislation signed late last year. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act…
Which Business Entity Is Best for You?
The Competitive Edge, Volume 1 Issue 2 | April 2011
As you are probably well aware, there are several different types of business entities. Which type best suits your current needs? The following is a summary of the main points:…
Key Provisions in the New Tax Act
The Competitive Edge, Volume 1 Issue 2 | April 2011
The recent tax law—the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010—provides a wide array of tax breaks for individuals, businesses and estates, in addition to extending…