Maine news

Survey finds companies underutilizing globalization strategies

According to the third annual RSM McGladrey Manufacturing and Wholesale Distribution National Survey (MWD) released last week, companies reporting their business conditions as "thriving and growing" declined by nearly 10 percent in the past year.

Debit cards are new option for Social Security recipients

People who receive Social Security can now get their monthly payments on a prepaid debit card, a new alternative to checks or direct deposit. The U.S. Treasury is offering the Direct Express Debit MasterCard card as a safe, convenient way to receive money, according to wickedlocal.com.

For most states, stimulus payments will mean added revenue

The economic stimulus payments that taxpayers have received will not be considered taxable income by the Internal Revenue Service but some of this money may end up in the coffers of individual states, which are free to decide how to treat the payments. Few will tax the money directly as income - currently, only Alabama is considering this option - but most anticipate additional revenue from sales or excise taxes, or indirectly, in some states, from a decrease in a deduction.

CPA mobility legislation gains national momentum

Twenty-three states have approved laws to make it less burdensome for certified public accountants to represent clients across state lines.The American Institute of Certified Public Accountants is seeking enactment of similar laws in every state so that a national uniform mobility system will become a reality for CPAs, CPA firms, and the state boards of accountancy that regulate them.

Maryland becomes 18th state to enact CPA mobility legislation

The Maryland General Assembly last week passed a CPA mobility bill that will make it easier for CPAs to do interstate business.

Resource Guide - Issue 127

This Resource Guide Brought To You By Practitioners Publishing Company First Research Industry Profiles THIS WEEK'S TOPICS Free Report: Are Your Documentation Ducks in a Row?NASD Notes Dubious Records in 2003IRS Simplifying Business Tax AuditsAICPA Proposes S

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