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August 7, 2007

Featured News



Vision Stamina: Does your firm have what it takes to achieve its goals?

The truth is most accounting firms do not have vision stamina. And just so you don't think negatively about the profession, the vast majority of organizations do not have it either. So what is vision stamina? It is the dogged determination to overcome any obstacle and handle any distraction that might get in the way of realizing your goals.


Sting operation nabs 61 IRS employees

Representatives from the office of the Treasury Inspector General for Tax Administration posing as help desk technicians contacted a random sample of 102 IRS employees by telephone. During the course of the phone calls, 61 of the 102 IRS employees agreed to provide their user names and passwords to the strangers on the telephone.


Increase in tobacco taxes - two sides to this story

The House of Representatives has passed legislation supporting the State Children's Health Insurance Program (SCHIP) and in so doing has voted to increase the federal cigarette tax by 45 cents per pack.





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Lite News

Stretching "Business Casual" to its limits
With the dog days of summer comes a hot-weather interpretation of "business casual" at some offices: midriff-baring tops and mini skirts on women and flip-flops and T-shirts on men.

In Depth News

"Carried Interest" in private equity: Capital gain or performance fee?
A debate is now taking place in Congress on the tax paid on "carried interest." The issues encompassed by the bills, and the debates surrounding them, are more complex than just the question of whether "carried interest" is passive income, touching on both tax law and politics..

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