A&A news January 2010

A&A

Supreme Court opens floodgates for political spending

On January 21, the U. S. Supreme Court held that sections of federal law barring corporations, unions, and other groups from spending money to espouse their views about public issues and candidates for office were unconstitutional restrictions on First Amendment protected free speech.
A&A

FEI files amicus curiae brief with Supreme Court in support of petition for review of Textron case

Financial Executives International (FEI) has filed an amicus curiae "friend of the court" brief with the Supreme Court of the United States in support of a petition for review of the U.S. vs. Textron case.
Tax

Does your 2009 P&L statement contain a hidden tax deduction?

What if there was one line on your P&L statement – a line that has a "hidden" deduction possibility - that could actually generate a significant tax advantage and put cash back into your pocket?
A&A

Congress extends COBRA subsidy

The COBRA subsidy, which was initially a provision of the American Recovery and Reinvestment Act of 2009 (ARRA), was extended in the Department of Defense Appropriations bill, which was signed by President Obama on December 21.
A&A

Keeping illegal immigration issues on ICE: U.S. immigration and customs enforcement shifts focus to employers

The images tend to be memorable and camera-friendly – federal agents stage a well-publicized bust on a manufacturing or meat-packing plant and cart off hundreds of undocumented workers.
A&A

Board recruitment: How to attract younger members

Where are all the young people? Forget the myth that they are not civically minded. You will likely find many young people volunteering on committees or assisting with events and fundraisers.
A&A

New guide provides information for tax-exempt organizations

The IRS recently published a new compliance guide for tax exempt organizations other than 501(c)(3) public charities, private foundations, and Section 527 political organizations.

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
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This Week on AccountingWEB

Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
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