October 2, 2008
Publisher's Note
Wanted: AccountingWEB is looking for people to write about "life in a big firm." If you work at a large firm, or have worked at a large firm in the past, and are itching to write about it, we want to publish what you have to say!

Give it some thought. This could be a good opportunity for you to vent, put a comical twist on what happens in the break room, talk about career development or the corporate culture...you name it!

If you are interested in discussing this opportunity, please e-mail me.

Rob Nance
AccountingWEB, Inc.

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Top News
Senate attaches extenders and AMT fix to rescue bill; sends package to House

The proposed alternative minimum tax patch and extensions of expiring tax deductions and credits for individuals and businesses have now become part of the rescue package that the Senate approved late Wednesday and has sent to the House. more >>
The harder they fall: Will the Big Four survive the credit crunch?
2009 promises to be an interesting year for tax planners
Demand for forensic CPAs increases
Student News
400 colleges get letters from IRS

Approximately four hundred U.S. colleges and universities will begin receiving compliance questionnaires from the Internal Revenue Service in the next few days as part of the agency's focused effort to study key areas in the tax-exempt community. more >>
Financial meltdown a learning tool for many students
AICPA and Ad Council launch Feed the Pig for Tweens
Firm/State/People News
Volunteering benefits the community and the firm

Saying that employees at Rea & Associates, Inc. volunteer their time is like saying that Bill Gates knows how to turn on a PC. Last year alone, at only five of the firm's thirteen Ohio offices, staff members donated more than 4,400 hours to nearly 100 different community organizations. This year, Smart Business of Cleveland will honor Rea & Associates with the S.H.A.R.E. Award for its commitment to community service. more >>
NACVA CEO named to 'Most Influential' list
Crowe Horwath LLP marks 20 years in Columbus
Questions & Advice
Publicly available information
We are based in the UK and looking at trying to find the latest financial information on a US based entity for credit checking purposes. What are the sources that I should try? Is there a public body that can provide this information? Thanks in advance for your help.
Share your suggestions today!

Energy Credits
A Company that proposes to install solar panels has computed the amount of the credit based upon cost before any rebates that are offered. In my experience, rebates reduce basis and therefore, reduce the amount of the credit. Are you allowed to treat the rebates as other income rather than reduce basis?
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