Developments
in Tax and Business
A Caution for Road Warriors
Contractors and their employees who travel on business should be very
careful where and when they use their laptops or cell phones. Hackers are
using sophisticated programs to access passwords, bank account information,
and credit card data from travelers who log on to wireless networks at
airports, hotels and other public places. Computer security experts
recommend that travelers who need to access their corporate network while on
the road should do so through a virtual private network (VPN). Travelers
whose companies don’t have a VPN can subscribe to various services that
provide similar security.
Lower Operating Costs Motivate Buyers of Green Homes
Nearly two thirds (63%) of surveyed individuals who had purchased energy-
and resource-efficient “green” homes stated that they were motivated to buy
their homes by the prospect of lower operating and maintenance costs. The
survey, conducted by the National Association of Home Builders and
McGraw-Hill Construction, also found that 85% of “green” homeowners are more
satisfied with their new homes than with previous traditional-style homes.
Work-In-Process is provided
by Somerset for our clients and other interested persons upon request.
Since technical information is presented in generalized fashion, no
final conclusion on these topics should be made without further review.
For additional information on the issues discussed, please contact
Ken
Hedlund or another member of our
Construction & A/E Team.
This document is not intended or written to be used, and cannot be used,
for the purpose of avoiding tax penalties that may be imposed on the
taxpayer.
Somerset CPAs, P.C.
3925 River Crossing Parkway, Third Floor
Indianapolis, Indiana 46240
317.472.2200 • 800.469.7206 • FAX 317.208.1200
www.somersetcpas.com
