Beer Brands Experience Q1 Tailspin

Two of the country’s biggest beer brands are registering significant dips in sales that some are attributing to bad weather, among other factors. Advertising Age reports that marketers for MillerCoors, Heineken USA, and Anheuser-Busch InBev are also saying payroll taxes, higher gasoline prices, and rising interest in craft beer are contributing to the decline. The…

Reynolds Banks on Smokeless

Reynolds American Inc. is betting that smokeless tobacco products will up its net income by 35%, the Winston-Salem Journal reports. CEO/President Daniel Delen revealed few details during a recent talk with analysts, but he did say that the company would debut products in vapor (like electronic cigarettes), nicotine extract items (like lozenges), and nicotine-replacement therapy…

The Century Council Presents IKnowEverything

Thanks to all of you for joining the conversation during Alcohol Awareness Month—but our work is not finished. Since May is Global Youth Traffic Safety Month™, The Century Council—along with the International Association of Chiefs of Police Foundation, National Organizations for Youth Safety, and the National Sheriffs’ Association—is proud to introduce IKnowEverything. Developed to prepare…

Avoiding The Kiddie Tax

The “kiddie tax” prevents high-net-worth individuals from avoiding taxes by shifting investment assets into their children’s names.  In 2013, “children under age 20 and full time students living with the parents will pay income taxes at the parents highest marginal tax rate on all unearned income above $2,000.”  But there are methods of avoiding the…

Obama Administration Delays Employer Mandate for Affordable Care Act

July 3, 2013By Michael Cohn: ACCOUNTING TODAY The Obama administration has decided to postpone the employer responsibility payment and insurance reporting requirements under the Affordable Care Act for one year to give businesses more time to comply with the health care reform law. “The Administration is announcing that it will provide an additional year before the ACA…