Volume 2 Issue 2, November 2009
 
Maximize Tax Savings Under New Law

On November 6, 2009, President Obama signed into law the Worker, Homeownership, and Business Assistance Act of 2009. The new law includes changes to the first-time homebuyer credit, net operating loss carryback, and more. As the close of the current tax year draws near you may want to take certain steps to maximize your tax savings under the new law.
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Now is Good Time for Tax Planning
Keri Colvin
Heard, McElroy & Vestal, LLP

As the end of the year approaches, tax planning becomes very important. Tax provisions ending in 2009 as well as strategies to reduce taxable income should be considered. We've devised the following checklist as a guide to planning for your 2009 taxes.
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Busy Fourth Quarter for Qualified Plans
Angela Vascoe
Retirement Services Specialist
Heard, McElroy & Vestal, LLP

Retirement planFor employers who have qualified plans established to provide retirement benefits for employees and their beneficiaries, the fourth quarter is full of activity you should be aware of. In this article we discuss the items you need to know as a plan sponsor. Read Full Article

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Aimee McFarland, Taylor Robertson Receive 40 Under 40 Honor

40 Under 40Heard, McElroy & Vestal is proud to have two members of our audit department, Aimee McFarland and Taylor Robertson, honored as Northwest Louisiana 40 Under 40. 40 Under 40 recognizes outstanding entreprenuers, executives, managers, and professionals in public, private, or non-profit sectors under the age of forty. Winners are chosen based on such values as achievement, experience and innovation, vision, leadership, and community involvment.


Aimee and Taylor will be honored with the 40 Under 40 Award at the Third Annual Northwest Louisiana Young Professionals Dinner & Gala held Friday, December 4, 2009, at Horseshoe Casino Riverdome.

Nominations for 40 Under 40 are accepted year round by the Greater Shreveport Chamber of Commerce. Visit www.shreveportchamber.org
to learn more.

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In This Issue...
Tax Savings Under New Law
Time for Tax Planning
Busy Quarter for Qualified Plans
HMV Employees Honored


Year-end Items Worth Revisiting
You may recall two articles that ran in our newsletter around this time last year. One set forth six key items to help prepare for an audit. The other discussed fringe benefits and the W-2. Because these are such important topics nearing year-end, we revisit them here.

Preparing for Your Audit
Fringe Benefits and the W-2
 


HMV Welcomes Two New Employees

MALIA WOLLERSON
Malia joins our Shreveport location as a manager in the tax department. Originally from Ruston, Louisiana, Malia attended Louisiana Tech University where she earned both her bachelor and master degrees. Prior to joining HMV, Malia worked as an accountant for KPMG.
COLLEEN SMITH
Colleen is the newest member of our Shreveport administrative staff. She is a recent graduate of Centenary College in Shreveport.
 


HMV Recently Promotes Three Employees
HMV would like to congratulate the following employees on their recent promotions.
Lauren Hannon, promoted to Staff Accountant In-Charge, Audit

Josh Parsons, promoted to Staff Accountant In-Charge, Audit

Chris Solomon, promoted to Staff Accountant In-Charge, Tax
 
 

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Shreveport, LA 71101
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