Facts and Figures - Timely points of particular interest
*Low-cost Motivators-Employees generally need motivation, but it does not always have to be costly. One idea: Try ordering in lunch from a local sub shop or pizza place. During your informal lunch break, watch a taped sitcom or a DVD in the conference room. Alternatively, take the crew outside to a park or garden. Or maybe you could go to a library, coffee shop or museum. In any event, it is possible to motivate creatively without breaking the bank.
*Trust Advisory Fees-The U.S. Supreme Court recently ruled that the 2%-of-AGI (adjusted gross income) floor for miscellaneous expenses applies to most investment advisory fees paid by a trust. Now, in a follow-up ruling, the IRS says it will not apply this decision retroactively. Furthermore, for 2008 and later years, it is expected to exempt a set percentage of bundled fees from the 2% floor. This will make it easier to allocate fees.