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  HOME NEWSEXCEL ZONE
STUDENT ZONEPRODUCTS
NOVEMBER 29, 2007
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Features
New IRS standard mileage rate climbs above 50 cents per mile The Internal Revenue Service has issued the 2008 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. 
IRS Oversight Board tries to light an AMT fire under Congress The IRS Oversight Board, the nine-member independent body charged with the task of making sure the IRS serves the public well and meets the needs of taxpayers, has issued a dire warning to Congress, providing a worst-case scenario of what chaos might occur if Congress waits till the last minute to enact an AMT patch. 
European Union will permit U.S. companies to use GAAP European Union Internal Market Commissioner Charlie McCreevy has announced that the EU will allow American companies based in Europe to continue using GAAP for financial reporting instead of requiring that they switch to international accounting standards. 
Blogs!What have you got to say today?The latest Blog commentary includes weird names that accountants give their pets, Thanksgiving highlights, and a commentary on policemen who spend their time (and taxpayers' dollars) on apprehending dangerous criminals. There are some interesting discussions in the Questions & Advice section including a question about how not-for-profits should account for professional trainers for their service group and another about the tax treatment of holiday gifts. Join the forums - express your views! Student NewsKPMG student survey shows money not top factor in job choice When choosing their first employer, college business students want career opportunities, not salary and benefits, according to a survey conducted by KPMG LLP, the audit, tax and advisory firm.Lite News"Millionaire" foiled in attempted bank heistA man was arrested in Clearwater, South Carolina, trying to open a bank account with a bogus $1 million bill. The man allegedly handed the counterfeit bill to a teller and asked to open a new account. The teller refused to open the account and called the police. Latest NewsSubscriptionsUpdate your subscriptions by visiting your profile page and selecting the "My Newswires" link. |
Tech NewsAn overview of the radical changes in Excel 2007When you start to use Excel 2007, and make no mistake you will eventually have to use Excel 07 or some later derivative of it, the adage, "Why fix something that isn't broken?" will come to mind. It seems that with Excel 2003 everything is just as I want it. I have all my personal toolbars set the way I like them, and I know how to get to anything I want to use. Now, I have to rethink and relearn everything. What a hassle! Are the new features worth it? Publisher's Note
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