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government deficit Tagged Articles



Many Countries Fall Short
There is substantial scope to make budgets more growth oriented.

Other government deficit Related Articles

The Deficit vs. the Investment in Business
One of the issues that comes up from time to time is the idea of deficit vs. investment. What this means is that a person spends their money at your organization in some way, shape or form. When the person does that, they have made an investment and therefore can be of the mindset that you are now in deficit with them. They have provided you with income so now they have a different access level.
Change starts with you
“Only Government can fix the mess we are in”, President Obama. “Government is the problem…”, Nate McCulloch Gwinnett Daily Post We speak of government as if it were our neighbor, pastor, teacher, friend or foe. It is none of these and yet it is all of these. Government, at any level, is simply an organizational structure and is incapable of any action or activity until people are inserted into the equation. Our founding fathers meant it when they said “of the people, by the people and for the people” So the problem and/or solution lie with us.

How Can I Win Government Contracts? Part 1
I know the government has specific initiatives to recruit and hire small business contractors for governmental projects but how can I get these jobs? I started my search on this topic at the source, the government. On the SBA website there are tutorials on how to apply for and win government contracts. By taking one of these convenient online courses all of my questions were answered. I want to share some of this information but I would also recommend that anyone interested in acquiring government contracts take this online course themselves.

How Can I Win Government Contracts? Part 2
I know the government has specific initiatives to recruit and hire small business contractors for governmental projects but how can I get these jobs? I started my search on this topic at the source, the government. On the SBA website there are tutorials on how to apply for and win government contracts. By taking one of these convenient online courses all of my questions were answered. I want to share some of this information but I would also recommend that anyone interested in acquiring government contracts take this online course themselves.

Audit Proof your Business and Individual Tax Returns
While it is very encouraging to maximize legitimate deductions and receive big tax refund, it can be extremely painful to come under an IRS audit scrutiny. Many in the tax community believe that the audit-free ride for tax payers is likely to get over soon. IRS is likely to step up its audit enforcement in coming years as the federal government decides to close the massive budget deficit gap. IRS audits around 1.2 to 1.5 million tax returns – a small fraction of the total tax returns filed in the US. So, while it is still unlikely that you will be audited, the odds are increasing rapidly in middle to high income groups.
Is your Accounting System Broken?
In the past few months we have heard so much about Greece’s large debt burden and budget deficit leading to a contagion of problems that are likely to take the entire Euro Zone down. You wonder how this problem just revealed itself so suddenly without any prior warning. After all didn’t the Government of Greece and the Euro Zone’s central bank know they were taking on too much debt? Wouldn’t their accounting system tell them the level of debt and growing deficit as it got worse over the years? The reason why Greece's problems went undetected for so long is that they had a broken accounting system. Every year, K&M Accounting and Tax Services come across small and large businesses in Charlotte and Carolinas that have accounting systems that just don’t work. Here's some tips to find out if your accounting system is working for you.
Is Your Underperforming Employee Incompetent or is it AADD
AADD - Adult Attention Deficit Disorder is often difficult to understand. This is especially true when it exists in one of your key employees. It may often be disguised as peer relationship problems, moodiness, forgetfulness, lack of commitment, complacency and even substance abuse. Now for the disclaimer --- I am not a medical doctor nor do I profess to be an expert on AADD. The objective of this article is simply to bring to your attention that erratic, unusual and unacceptable behavior can sometimes be related to a medical condition that often is overlooked. This condition is called Adult Attention Deficit Disorder. If this article suggests any familiarity of circumstance with any of your employees then seek a professional medical opinion.

If Business Ran Like the Government
The big news these days is the federal government’s debt ceiling. Every time Washington gets into one of these messes - which it does a lot - people renew the discussion about how government should be run. “If I ran my company the way they run the government…” The outcome is usually bankruptcy or prison. Should government be run like a business? That’s a debate for another article. But, the surprising thing is many business ARE run like the government. Do you understand how to manage cash flow in your business? Does your company cater to special interests, waste money or time or push problems aside instead of addressing the real issue?

Renewing Limited Government: Term Limits
In America, the "land of the free," the government has run amok. The Founders, who fought (and in some cases, died) to leave a country wherein citizens were to rule and the government was supposed to be limited, would be shocked at the size of the behemoth that is the modern federal government. And many states have just as bloated a bureaucracy....
Renewing Limited Government: Spending Limits
We have to renew limited government in the United States, or the entire world will enter a new era of darkness the likes of which no one can foresee. There are at least ten limits we could impose on government (and, in some cases, on what I see as quasi-governmental U.S. institutions) that would have a remarkable turn-around impact on our economy - and on our society. And one of the first, if not THE first, is to limit government spending....
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