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Volume 1 Issue 1, September 2008

Hi *|FNAME|*,

Welcome to the first issue of Heard, McElroy & Vestal's quarterly newsletter. We are excited to bring you information throughout the year on a variety of issues relating to both businesses and individuals. We hope you enjoy!



Back to School Planning:
The Benefits of a 529 Plan

by Chris Solomon, Heard, McElroy & Vestal

School has started again and there's no better time than now to start thinking about how to save for your children's or grandchildren's college tuition fees. Starting a Coverdell ESA or a Qualified Tuition Program is a good way to set aside funds for future college costs. Read Full Article



Community or Separate Property?
What It Means in the Midst of the Haynesville Shale
by Ben Woods, CPA, CVA, APV, Heard, McElroy & Vestal

Ah, the Haynesville Shale. What a shot in the arm for our communities. From Red River Parish to the Arkansas line, from Arcadia to Longview, people are talking in every corner about the riches coming our way. Read Full Article



Why Should You Set Up An Employee Retirement Plan?

by Angela Vascoe, Heard, McElroy & Vestal

A retirement plan has lots of benefits - for you, your business, and your employees. Retirement plans allow investing in the future now for financial security when you and your employees retire. As a bonus, you and your employees get significant tax advantages and other incentives. Read Full Article



Non-Profit Spotlight

Shreveport Green Is More Than Just TREES!
Special Contributor Donna Curtis
Executive Director, Shreveport Green


Shreveport has finally joined the rest of the enlightened cities around the world and embraced curbside recycling! Shreveport Green is intimately involved with the new recycling program and was contracted to deliver all 66,000 cans to city residents. The first collection for Monday pick-up was overwhelmingly successful! It is estimated that over 85% of the citizens participated. Read Full Article


 
Our Bossier City Location To Join Main Office In Shreveport

We are expanding our offices in Shreveport to bring our Bossier City and Shreveport professionals together under one roof. This move will allow for enhanced communication throughout the firm strengthening our resources and ability to provide exceptional client service. Get More Details Here



We are currently working on giving our website a brand new look. Be on the lookout for an announcement of the new site's launch date!


To ensure receipt of our emails, please add hmv@hmvcpa.com to your Address Book.

In This Issue...
The Benefits of a 529 Plan
Issues of the Haynesville Shale
Employee Retirement Plans
Shreveport Green: More Than Just Trees!
Bossier Location to Join Main Office


Mark Your Calendar -
Deadlines for Extended Tax Returns with Calendar Years


9/15/2008
Corporation (form 1120)
S Corporation (form 1120S)

10/15/2008
Individual (form 1040)
Partnership/LLC (form 1065)
Retirement Plan (form 5550)
Trust (form 1041)

*also note the extended due dates for partnerships and trusts will be changing to 9/15 in 2009


HMV Welcomes
Kim Boyd, John Schimdt & Lauren Stinson


Kim comes to us from Scottsdale, AZ where she was employed by Moss Adams. She will be a part of our tax department bringing with her over 20 years of experience.

John also joins HMV in our tax department. John has 18 years in the accounting industry, beginning at Arthur Andersen and spending the last 13 years with KPMG in Shreveport. He is very active in the community having served as the 2007 Board Chair of United Way.

Lauren too is part of our tax department. She comes to us from Baton Rouge where she earned a Bachelor of Science degree in Accounting from Louisiana State University.

HMV Employees Receive Promotions
We would like to congratulate the following HMV employees on their recent promotions:

Kimberly Dunman
Audit Manager
Emily Holmes
Tax Senior
Elizabeth Killough
Tax Senior
Nicole Miceli
Tax Manager
Taylor Robertson
Audit In Charge
Jayme Taylor
Tax In Charge
Jerrod Tinsley
Audit Senior


Book Review
George Washington on Leadership
Leaders of any organization can pull guidance from the actions of Washington as author Richard Brookhiser steers readers toward some of the most challenging aspects of business activities while tying in Washington's beliefs, actions and goals. Read Review
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