Word: institutee
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It's critical that owners maintain books, records, separate bank accounts and different credit cards for the business, says Brenda Schafer, a CPA and CFP at the Tax Institute at H&R Block.
Many budding business owners grow wide-eyed at the prospect of generous tax deductions including those for business expenses ranging from travel and entertainment to home-office and computer costs. But many have no clue what is permitted and what will bring the IRS knocking at their doors. "There are...
Given the Obamas’ well-known fondness of contemporary art (their first date included a trip to the Art Institute of Chicago), the traditional leaning of so much of the White House’s art is a likely motivation for the First Lady’s decision to...
Led by Medical School Professor Kenneth R. Chien ’73, the project—published in today’s issue of Science—was a collaborative effort of scientists at the Harvard Stem Cell Institute, Massachusetts General Hospital, and Harvard’s School of Engineering...
Then there's the fact that Britain has always stood apart from central E.U. policies such as the common currency. "The very candidacy of Mr. Blair is a slap in the face for Europe," says Philippe Moreau Defarges, European-affairs specialist for the French Institute of International Relations. "The U.K...