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HOMENEWSEXCEL ZONE STUDENT ZONEMARKETPLACE NOVEMBER 8, 2007

Features


AICPA supports uniform state withholding bill
The American Institute of Certified Public Accountants has endorsed legislation that would create a uniform national standard for state withholding of nonresident income tax, claiming that the legislation would be especially helpful to small businesses, as well as larger businesses.


Ways and Means AMT fix expected to die in Senate
Last week, the House Ways and Means Committee authored legislation that would protect millions of taxpayers from paying the Alternative Minimum Tax for 2007. The bill is to be funded by raising taxes in other areas so that the net effect of the legislation will be revenue neutral.


Supreme Court to determine state taxability of muni bonds
The United States Supreme Court is listening to arguments regarding the issue of whether interest earned on municipal bonds issued in one state should be exempt from income tax in another state.



Submit Your Video and WIN!


Step into the AccountingWEB spotlight! First 5 Submissions will win! This is a perfect project for accounting student fraternities, accounting class projects, bored accountants and anyone just wanting to have a little fun or imitate Fellini. Get creative! The first five submissions will win!







Student News

Accounting firm donates $100k to business college
Ehrhardt Keefe Steiner & Hottman PC, the largest Colorado-based accounting and business advisory firm, has announced that it is giving the University of Northern Colorado's Monfort College of Business $100,000 over the next 10 years.



State/Firm News

IRS teams with states to share employment tax information
Officials from the Internal Revenue Service and more than two dozen state workforce agencies have announced they have entered into agreements to share the results of employment tax examinations.






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FIN 48 Guidance. Accounting for Uncertainty in Income Taxes - and Interpretation of FASB Statement No. 109 provides guidance on FIN 48. This title helps you clarify accounting for uncertainty of income taxes in your financial statements. One of the hottest issues in accounting and audit today, authored by one of the most renowned authors on the topic.








Tech News

Salesforce.com customers victimized by phishing scheme
Customer Relationship Management software vender Salesforce.com has sent a letter to its customers, warning that they may be the targets of malicious software or phishing scams, after one of its employees received a phishing e-mail message and was tricked into divulging a corporate password.





Publisher's Note

Some time back you probably read about Deloitte and what that firm has done with employee videos, housing them on their Intranet and making a big deal about these fun little snippets of accounting life. Well, you don't have to work at Deloitte to look through the director's lens. AccountingWEB wants to see your videos! For more on submitting your video and to see the terrific "Beg to Differ" video, start by visiting the Student Zone. We're all lifelong accounting students! Chances are (insert Johnny Mathis song in your head now), you are the parent or relative of a college graduate, parent or relative of a college student or soon-to-be-college student, work with someone who keeps talking about their kid in college ... or you are a college student. Wouldn't it be nice to give this college student The College Diet Cookbook? This handsome book is just one of the many benefits of submitting such a video! Gather the folks in your office and create your accounting video!

Rob Nance
Publisher
publisher@accountingweb.com








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