NFL player’s salaries are big but the gigantic winners this year – the Denver Broncos and the Seattle Seahawks – are playing in the Super Bowl today! If you ask a player they will say the Super Bowl is not about the money.
In a regular season, the new players make an annual salary of $400,000 and the oldies like Peyton Manning amass an annual salary of $15 million. Winning the Super Bowl adds an additional $92k for the winners and $46k for the losing team per player. The winning team get to leave with the infamous Super Bowl Ring worth about $5k in tangible value and $$$$ in the prestige of acquiring a Super Bowl charm.
Since I am not a football fan I watch the Super Bowl for the commercials. This year the average 30 second commercial costs $4 million!! That is a mere $133,000 per each second!! I look forward to seeing these exciting ads!
Cheers to the teams and the ads!!
Accountants transact various financial and business-oriented duties so an organization runs efficiently and effectively. The curriculum at Dakota County Technical College AAS degree combines accounting principles with important business knowledge to give you just the type of well-rounded education employers seek. Our courses provide you with basic and intermediate accounting methods such as the manner to record and analyze financial information, analyze and process managerial accounting concepts, and comprehend various accounting software packages. For more information, please email us at firstname.lastname@example.org.
As school get back in session on January 13th, you may stop and take a look at various benefits from your schooling. Number One on the list is the “American Opportunity Tax Credit”. This allows a credit up to $2500 for tuition and books. Number Two is the “Lifetime Learning Credit”. This credit allows a deduction for a percentage of qualified expenses paid for any year the American Opportunity Credit isn’t claimed. Number Three on the list is a potential deduction for student loan interest paid. Finally, learn about the various education savings accounts that allow annual nondeductible contributions for children under 18, with tax-free withdrawals for qualifying education expenses.
Even Santa has to keep a good accounting of his activities. Enjoy this link!
Some accountants choose to have his or her own accounting firm and focus on assisting small businesses with accounting software, financial statements, income tax returns, tax planning, investment decisions, etc.
We generally do not think about nonprofit companies when considering job placement, but the nonprofit sector is an enormous contributor to the U.S. economy. According to the National Center for Charitable Statistics:
An estimated 2.3 million nonprofit organizations operate in the United States
There were 323,039 congregations in the United States in September 2013.
In 2011, 26.8% of adults in the United States volunteered with an organization. Volunteers contributed 15.2 billion hours, worth an estimated $296.2 billion.
Gifts from individuals, foundations, corporations and bequests were $298.42 billion in 2011.
- Individuals gave $217.79 billion in 2011
- Foundations gave $46.9 billion in 2011
In 2011, public charities reported $1.59 trillion in revenue, $1.49 trillion in expenses, and $2.87 trillion in total assets.
- 22% came from contributions, gifts and government grants
- 72% from program service revenues (including government fees and contracts)
- 6% from other sources (dues, rental income, special events, gains/losses from goods sold)
The largest nonprofits in Minnesota in 2011 and their gross receipts (in millions) :
Blue Cross and Blue Shield of Minnesota $9,256.9
Mayo Clinic 8,516.0
Allina Health System 3,236.9
Fairview Health Services 2,575.1
Essentia Health 1,593.5
Park Nicollet Health Services 1,198.2
CentraCare Corp. 917.7
The largest Fortune 500 corporations in Minnesota in 2011, according to CNN Money.
1 UnitedHealth Group $101,862.0
2 Target 69,865.0
3 Best Buy 50,272.0
4 Supervalu 37,534.0
5 CHS 36,915.8
6 3M 29,611.0
7 U.S. Bancorp 21,399.0
8 Medtronic 15,933.0
9 General Mills 14,880.2
10 Land O’Lakes 12,849.3