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DECEMBER 20, 2007
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Features
House passes AMT legislation - Bush says he will sign Late Wednesday afternoon, the House of Representatives voted 352-64 to approve a bill that will patch the Alternative Minimum Tax for one more year, protecting more than 20 million taxpayers from an estimated average tax increase of $2,000 next spring when they file their 2007 individual income tax returns.
Small business forecast for 2008 For over 80 years now, the Kiplinger organization has been providing insights into business forecasting and finance. Kiplinger was actually founded in 1920 by W.M. Kiplinger and in 1923, "The Kiplinger Letter" was launched and the company began producing the nation's first newsletter.
On the Twelfth Day of . . . Financial Planning? Does holiday debt, the threat of identity theft, looming college costs, and meager retirement savings have you singing the blues? Texas CPAs can help fine tune your finances with 12 days of tips, loosely based on the carol, "The Twelve Days of Christmas." ![]()
![]() Blogs!What have you got to say today?Anita Campbell: The Complete Small Business Blog What Internet entrepreneurs need from their accountants As someone who runs Internet businesses for a living, I am reminded as I do some last-minute tax planning for 2007, how very different they are from traditional businesses. How are they different? Let me count the ways.... Linda Cavanaugh, CPA: Plugged In FASB 141R and FASB 160 The FASB issued two new accounting standards recently. FASB 141-R Business Combinations and FASB 160 - Non-controlling Interest in Consolidated Financial Statements - an amendment of ARB No. 51. FASB 141R focuses on closing the loop holes for recognizing all assets and liabilities in a business combination. FASB 160 focuses on non-controlling interests (fka minority interest). It calls for all non-controlling interest to be recognized in the equity section of the balance sheet. Join the forums - express your views! http://www.accountingweb.com/questions_advice/ http://www.accountingweb.com/blogs ![]() Firm/People NewsNew CPA firm formed in time for tax seasonThe Worcester, MA Business Journal reports that three Central Massachussets CPAs have decided to join forces to form a new firm. ![]() Audiocasts on AccountingWEBExpert instruction and advice on the latest accounting and
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![]() Student NewsStudents are reminded to prepare FAFSA in JanuaryJanuary 1 is the first day that students planning to attend college next fall may submit the Free Application for Federal Student Aid (FAFSA) and begin the financial aid application process. Sallie Mae, the nation's leading saving- and paying- for-college company, advises students and families to submit their FAFSA early to reduce the amount they spend out of pocket to pay for college. ![]() Tech News2007 Xmas gadget countdown - which gets your vote?Every year in the run-up to Christmas, our executive peripherals editor Nigel Harris chooses the 10 objects that most deeply stimulate his electronic desires - but which ones get your vote? Join the fun in this global holiday countdown. ![]() Latest News
2007 ACPEN live web castsIt's that time of year where we are all under pressure to meet our licensing compliance requirements.
Find out what the Accounting CPE Network can do for you! ![]() Publisher's Note
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