Salim Omar, CPA
Salim Omar, author of "Straight Talk About Small Business Success In New Jersey", specializes in providing accounting, bookkeeping and tax services to small business owners and professional practices in NJ. Salim's articles are featured in various national magazines including Accounting Today, The CPA Journal, Chiropractic Economics, Wealth Manager and The Two River Times. You may request a free copy of Salim's new special report titled "How To Drastically Reduce Your Taxes By As Much As 62% This Year Alone And Put Thousands Back In Your Pocket" at http://www.OmarGroupCPA.com
Articles by this Author
Donating Cars to Charity - Beware of New Tax Rules
- By Salim Omar, CPA
- Published 09/23/2008
- Finances
-
Rating:
It was on June 3, 2005 that the IRS released guidelines on donated vehicles as charitable contributions This came after the American Jobs Creation Act (AJCA) radically changed how much of a deduction taxpayers can claim when they donate a car to a charity
Retirement Plans For Small Business Owners
- By Salim Omar, CPA
- Published 09/23/2008
- Finances
- Unrated
While every small business owner would like to believe that they will sell their business at retirement, this is in reality not the case for most In fact, a very small majority of small business owner are able to sell their businesses at retirement
Bank Charges: You Might be Surprised
- By Salim Omar, CPA
- Published 09/22/2008
- Finances
- Unrated
A lot of people do not request a fee schedule from their bank because they believe that they already know what types of fees the bank can charge to them They know their monthly service charge is, that ATM fees exist at other machines, and they know the amount of the charge if they overdraw their bank account
Credit Scores Are Vital to Your Financial Health
- By Salim Omar, CPA
- Published 09/22/2008
- Finances
- Unrated
A credit score is a number that serves as a guide for lenders when making the decision of whether or not to extend credit out to an individual This simple three digit number that ranges anywhere between the numbers of 300 and 850, the higher number being the better, helps the lender predict how likely a borrower will make payments on time
10 Important Financial Tips For 2008
- By Salim Omar, CPA
- Published 09/22/2008
- Finances
- Unrated
What steps have you taken to improve your financial picture for this year When looking to improve your personal financial situation for the year, it is never too late to begin taking action
