Monthly Archives: July 2013

US Home Prices Rise

According to Bloomberg, home prices rose in May by the most since 2006.  The Bloomberg article states:

“The S&P/Case-Shiller index of property values climbed 12.2 percent from May 2012, the biggest 12-month gain since March 2006, after advancing 12.1 percent a month earlier, a report showed today in New York. The median projection of 31 economists surveyed by Bloomberg called for a 12.4 percent advance.”

US Housing MarketRiseGood news for housing prices often translates to good news for other sectors in the economy. A strong housing market can lead to better times not only for Realtors©,   home builders,  and tradesman, the increase in the value of ones own home can lead to a sense of security that may prompt us to consider other purchases; perhaps  luxury items such as recreational vehicles, jewelry, or a dream vacation.

They say  “a rising tide lifts all boats.”  There isn’t much that can raise the tide in our economy like rising home prices can.

This news brought to you by DiSalvo & Company, CPA with offices in Melbourne, Titusville, and Vero Beach, Florida. If you would like a second opinion regarding your personal, or business finances, please Call DiSalvo & Company, CPA at (772)770-6008

Celebrate National Ice Cream Day in Vero Beach

National Ice Cream Day is celebrated on the third Sunday of July every year. Ronald Reagan designated July as National Ice Cream Month in 1984. He also named the third Sunday in July as National Ice Cream Day. Reagan recognized the popularity of ice cream in the United States (90% of the nation’s population consumes ice cream) and stated that these two events should be observed with “appropriate ceremonies and activities.”

Ice cream (derived from earlier iced cream or cream ice) is a frozen dessert usually made from dairy products, such as milk and cream, and often combined with fruits or other ingredients and flavors. Most varieties contain sugar, although some are made with Ice cream vero beach CPAother sweeteners. In some cases, artificial flavorings and colorings are used in addition to, or instead of, the natural ingredients. The mixture of chosen ingredients is stirred slowly while cooling, in order to incorporate air and to prevent large ice crystals from forming. The result is a smoothly textured semi-solid foam that is malleable and can be scooped.

The meaning of the phrase “ice cream” varies from one country to another. Phrases such as “frozen custard”, “frozen yogurt”, “sorbet”, “gelato” and others are used to distinguish different varieties and styles. In some countries, such as the United States, the phrase “ice cream” applies only to a specific variety, and most governments regulate the commercial use of the various terms according to the relative quantities of the main ingredients. In other countries, such as Italy and Argentina, one word is used for all variants. Analogues made from dairy alternatives, such as goat’s or sheep’s milk, or milk substitutes, are available for those who are lactose intolerant, allergic to dairy protein, or vegan. The most popular flavors of ice cream are vanilla and chocolate.

DiSalvo & Company CPA wishes all of our customers in Vero Beach, Melbourne and Titusville a very happy National Ice Cream Day!  Bye the way,  if you are starting an ice cream business or any other kind of business please ask about our Business Start-up Package.

 

Melbourne Air & Space Show Coming Soon

MELBOURNE, FL – The inaugural Melbourne Air & Space Show has been cleared for takeoff according to a report in Florida Today.com.

Bryan Lilley, Chairman of the National Air, Sea, and Space Foundation estimates that the show could create a positive impact of $7.6 million dollars to the Melbourne economy.

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This news brought to you by DiSalvo & Company, CPA with offices in Melbourne, Titusville, and Vero Beach, Florida.  If you would like a second opinion regarding your personal, or business finances, please Call DiSalvo & Company, CPA at (772)770-6008

Melbourne Police Receive Mobile Command Center.

Brevard Business News reports that The Melbourne Police Foundation, established in 2006 as an independent nonprofit entity to support the Melbourne Police Department in the purchase of needed equipment that falls outside the budget, has donated a Unified Mobile Command Center (similar to the one pictured below)  to the MPD.

Brevard Business News says:

In addition, the Melbourne Police Foundation has contributed roughly $22,000 to outfit the UMCC, which is for use by the Melbourne Police and Fire Departments. Those two departments have been seeking funding for the center for several years. A “UMCC” is a response–and–recovery vehicle thathelps an agency’s ability to expand its command–and– control capabilities to a remote location. Full interoperable communications is a standard feature of UMCCs.

Melbourne Unified Mobile Command Center - CPA

 

This information brought to you by DiSalvo and Company.  DiSalvo And Company, P.A. is a  CPA firm with offices in Vero Beach, Melbourne and Titusville. We are dedicated to meeting the accounting and tax planning needs of small business and individuals throughout the Space Coast and Treasure Coast, with clients from Titusville to West Palm Beach.

Obamacare: Employer Mandate Delayed Until 2015

Obamacare1Due in large part to a lack of clarity among business owners concerning  the actions they must take to prepare for PPAHCA (Obamacare,)  the controversial “employer mandate” has now been delayed until 2015.

The start date of the consumer mandate however has not been delayed so individuals not cocered under an employer provided health plan must purchase health coverage or face fines beginning  in  2014.

For more information please refer to coverage of this developing story in Forbes.com.

The Forbes article asks an important question:

“Now, with the consumer mandate still out there, does this shift an economic burden to uninsured workers or consumers for a year? Or just expand our deficit further? Both? Probably both.”

At the DiSalvo & Company CPA firm, we recognize that “small business is our business” so we are vitally interested in news that affects our clients.  We will be following this story closely, and will do our best to share developments in this story with you as soon as they break.

DiSalvo And Company, P.A. is a  CPA firm with offices in Vero Beach, Melbourne and Titusville. We are dedicated to meeting the accounting and tax planning needs of small business and individuals throughout the Space Coast and Treasure Coast, with clients from Titusville to West Palm Beach.