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FEBRUARY 5, 2008
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Test your networking know-how
Networking is the development and maintenance of mutually
beneficial relationships. It's not schmoozing, it's not handing
out business cards, it's not selling, it's not marketing, and
it's not small talk. Some of those activities might be part of
networking, but be careful not to confuse form with function.
Networking is a process that takes the right attitude, patience,
and organization. 
FIN 48-2: FASB upholds FIN 48 for public companies; non-public entities may defer The Financial Accounting Standards Board unanimously decided at its January meeting to require public companies to implement FASB Interpretation (FIN) 48, Accounting for Uncertainty in Income Taxes - an Interpretation of Statement No. 109, for all fiscal years beginning after December 15, 2006, by March 31, 2008, despite calls for a delay from many corporations. 
Snipes jury acquits on felony tax charges The jury in the Wesley Trent Snipes tax trial has found the actor guilty on three misdemeanor charges for failing to file income tax returns. Snipes was acquitted on felony charges of conspiracy to defraud the Internal Revenue Service and presenting a fraudulent claim for payment to the IRS. He was also acquitted on three other charges of failing to file income tax returns.  Firm/State NewsPennsylvania diverts gambling revenue to tax rebates for seniorsPennsylvania Governor Edward G. Rendell is encouraging senior citizens and residents with disabilities to apply for Property Tax/Rent Rebates of up to $650. Application forms have been mailed to nearly 550,000 residents who received a rebate last year. Tech NewsInternet disruptions a 'close shave' for IndiaInternet speeds slowed for several days after three Internet cables in the Mediterranean Sea were sliced, disrupting service in the Middle East and India, but observers say major outsourcing operations adjusted to the crisis well. Lite NewsAre you and your mate financially compatible?You like the same movies and you finish each other's sentences, but where do you and your significant other stand on important financial issues? Take a financial compatibility quiz and find out if you REALLY fit together well. Latest NewsBlogs!What have you got to say today?Linda Cavanaugh, CPA: Plugged In The FASB has decided that the current GAAP hierarchy is just too complicated with all the Standards, EITFs, DIG issues, AICPA SOPs, SEC guidance and other stuff. They have been working on a "codification project" for years and have finally intoduced it to the public. Ryan Williams: Tech Better This tech tip is not going to be very profound, however, it is a common question, and it was submitted by a loyal reader so I am going to address it. The reader wants to know how to increase the screensaver timeout on her computer so she does not have to relogin to Windows quite so often. Editor's Note
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