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Word to the Wise: Know Your Leadership Style

3/23/2017 - By Zachary Farrington

What’s the difference between leadership and management? Perhaps management guru Peter Drucker put it best: “Management is doing things right; leadership is doing the right things.” 

As a business owner and leader, you must not only “do the right things,” but you must also inspire others to do the same. According to Daniel Goldman’s well-known Harvard Business Review article, “Leadership That Gets Results,” a manager’s leadership style is responsible for 30 percent of a company’s profitability.

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As a part of our commitment to help our clients and professionals achieve excellence, Saltmarsh offers seminars, training and continuing professional education programs throughout the year.

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Tax Scam Alert: Fudging Your Deductions

3/17/2017 - By John Mascaro, CPA

You are supposed to pay no more than the taxes you owe. 

But,… no less.

Some taxpayers still think they can fudge their numbers and play “audit roulette” with the IRS hoping that they won’t get caught underreporting income or inflating their deductions.  Over the years, the IRS has implemented numerous systems and software programs to improve its ability to detect such things – often with dire consequences to taxpayers when they get that scary letter in the mail informing them that they are being audited.

This is why falsely claiming deductions, expenses or credits on tax returns remains on the annual “Dirty Dozen” list of tax scams.


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