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A wide variety of business and accounting software exists for solving your office needs. Microsoft Office 2010 and Office 365 are examples of full software suites that can be used to perform a wide range of accounting tasks either on your computer or in the cloud. Quicken, through its QuickBooks suite, also offers a variety of accounting and financial software for the preparation of invoices and other reports with compatibility for Windows 7 and other operating systems.
For cloud computing, Office 365 works well. Office 365 offers all of the software of Office 2010, including both Microsoft Office Home and Business 2010 and Microsoft Office Professional, in a way that is easy to use from the internet. This version of Microsoft Office has a subscription license and is installed on the internet. With an internet-based subscription, this version of Office works with all devices, including Windows, to provide full functionality on the go and to do everything from preparing invoices to developing a database to communicate with clients.
All licenses of Office 2010, including Microsoft Office Home and Business 2010, are fully compatible with Windows 7 and other versions of Windows. Office offers other versions that are compatible with other operating systems, including Mac OS. For Linux users, alternatives to Microsoft Office exist that can meet your office software needs.
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September 8, 2010Federal Reserve DistrictsThird District--Philadelphia Skip to contentSummaryDistrictsBostonNew YorkPhiladelphiaClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan FranciscoFull report Business conditions in the Third District have been mixed since the last Beige Book. Manufacturers, on balance, reported slight decreases in shipments and new orders in August. Retailers posted seasonal increases in sales as well as year-over-year gains. Motor vehicle dealers also generally posted year-over-year gains but indicated that sales have been only steady in recent weeks. Third District banks reported steady loan volume outstanding in the past few weeks. Residential real estate agents and homebuilders said that there has been no rebound from the sharp drop in home sales that followed the expiration of the federal tax credit for purchases. Contacts in the commercial real estate sector said there has been practically no change since the last Beige Book in the generally weak market conditions around the District. Service-sector firms reported mostly flat or very slight increases in activity since mid-summer. Business firms in the region indicated that prices of most goods and services have been steady, although there continued to be reports of increased prices for some metals and wood products. Several retailers said they were receiving indications from suppliers that wholesale prices will be increased toward the end of the year.
The outlook among Third District business contacts is positive but not strong. Manufacturers forecast a rise in shipments and orders during the next six months. Retailers expect sales to expand slightly but see no signs that the pace of growth will quicken. Bankers expect little or no growth in lending in the near term. Contacts in both residential and commercial real estate expect flat activity during the rest of the year. Service-sector companies expect slow growth for the rest of the year.
FinanceTotal outstanding loan volume at most of the Third District banks contacted for this report has been virtually level since the last Beige Book. Commercial bank lending officers said there has been a slight increase in credit extended on home equity lines, but practically no change in outstandings in other credit categories. Bankers continued to report low demand for both consumer and business loans. "It's still a deleveraging story," one banker said. Commercial bank officers indicated that credit quality has been steady or has improved slightly since the last Beige Book.
You may be eligible for the tax credit if you purchase your first main home between Jan. 1, 2009 and April 30, 2010. You can also qualify if you enter into a binding contract before May 1, 2010 to complete the purchase of the home by June 30, 2010 and actually close on the home no later than Sept. 30, 2010.
The first-year depreciation bonus that businesses can take on new assets put in use was increased to 100% from 50% for qualified investments made after September 8, 2010, through the end of 2011. In other words, they can write off the entire cost of the asset up front. Smaller firms can first claim expensing and then use the 100% bonus. If you buy used assets, no 100% write-off is allowed.
Assets depreciated over 20 years or less are eligible, including machinery, equipment, land improvements and farm buildings, even leasehold improvements made to the interior of commercial realty. But this special write-off is not available for other buildings. Autos and light trucks also benefit if they are used for business. The maximum first-year write-off for them remains at $11,060. However, this is only for vehicles that are put in service during 2010.
The maximum amount of equipment placed in service in 2010 that businesses can expense was raised to $500,000 by the Small Business Jobs Act of 2010, an increase of $250,000 over the maximum for 2009. The annual investment limit was raised to $2 million for 2010. Thus, you won't begin to lose the benefit of expensing until you place more than $2 million of assets in service in 2010.
Starting in 2010, this deduction increases to 9% of qualifying business net income from domestic production activities. This deduction applies to businesses engaged in construction, engineering or architectural services; film production; or the lease, rental or sale of equipment manufactured in the United States. However, the rate remains at 6% for oil and gas companies.
It also offers online banking and payment processing features, as well as the ability to track inventory levels and create purchase orders. While QuickBooks can be used by businesses of all sizes, it is particularly well suited for small businesses that lack the resources to maintain a full-time accounting staff.
Gilbert famously wrote a scathing letter to Cavs fans after superstar LeBron James left as a free agent in 2010. But the two men patched up their differences, which led to James re-signing with his home state team in 2014.
All of the 900 manufacturing industry gains resulted from more jobs in the Elkhart-Goshen MSA, and all the jobs in professional and business services added since 2010 were a result of gains in the South Bend-Mishawaka MSA alone. This metro area added 600 jobs in trade, transportation and utilities, 500 in leisure and hospitality, 200 in financial activities, while the Elkhart-Goshen MSA lost 900, 400, and 100 jobs in these industries, respectively, from September 2010 to September 2011. Job losses in private educational and health services were more pronounced in South Bend-Mishawaka with 1,200 losses compared to Elkhart-Goshen with 500 job losses. Both MSAs share the combined government sector job losses almost equally, with 700 jobs losses in South Bend-Mishawaka and 600 job losses in Elkhart-Goshen.
Residential construction, measured by the number of new single-dwelling housing permits issued in the combined MSAs moderately improved. From January to September 2011, the Elkhart-Goshen MSA had 110 single-family building permits filed. This number is lower than its January-to-September 2010 number of 128 (see Figure 2). At the same time, the South Bend-Mishawaka MSA had more single-family building permits (144) filed through September of 2011 compared to the same period in 2010 (130). Indiana Association of Realtors® data also indicate some improvement in the housing sector of both metropolitan areas. Median home prices jumped 13.9 percent in Elkhart-Goshen (from $86,500 in September 2010 to $98,500 in September 2011), while rising 3.7 percent during the same period in South Bend-Mishawaka (from $107,000 to $111,000). In addition, the inventory of homes for sale declined 7.7 percent in the Elkhart-Goshen region and 0.8 percent in the South Bend-Mishawaka MSA during the period. If these patterns continue, the region should experience a modest growth in housing demand as the local economy continues to expand, financial markets stabilize, bank credit and lending restrictions ease, and local labor markets improve.
Village of Melrose Park, Main Street Corridor ImprovementsRecipient: Village of Melrose Park, located at 1000 North 25th Ave, Melrose Park, IL 60160Request: $912,000 through the Housing and Urban Development's Economic Development Initiatives account. Description: With the increase of homeowners and shopkeepers to the Village of Melrose Park, Division Street has become the area's default "Main Street." Funding this project by adding aesthetic improvements as well as upgrading ADA compliant sidewalks will change the driving experience for local commuters and patrons to area businesses. Additionally, this project will improve pedestrian safety while enhancing the experience of residents and visitors to the Division Street area. 2b1af7f3a8