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Hello! Here are your articles for March 28, 2007.
 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
Profile of a Professional


Getting to know DMLO. 
Open our door and you will find interesting people at DMLO.  Click on Full Article to read how Doug Morris has left the box (long ago).

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Tax Season and the New Year

In many ways, tax season is similar to the New Year. How could that be? Tax season is full of anxiety and deadlines, whereas New Year's is full of parties and fun. Click Full Article to find out the similarities.



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TAX QUIZ on Allowable Deductions
  Q. Several times this year, you donate blood at the Red Cross. How much can you deduct on your tax return?

  a. $10 a pint as a business expense deduction
  b. $20 a pint as a medical expense deduction
  c. Nothing.
  d. The fair market value of the blood as a charitable deduction.

Click Full Article for the answer



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The alternative minimum tax (AMT)
was introduced in 1969 to make sure the wealthiest taxpayers pay some taxes. But today, the AMT hits many middle income taxpayers and the situation is getting worse every year. According to estimates, 3.5 million taxpayers will be hit by the AMT in 2006, up from 2.4 million in 2003. And unless Congress acts, more than 23 million taxpayers will pay AMT in 2007. Is there any way around it? Click "Full Article" for the answer.
Copyright © 2008

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Polygraph tests are highly regulated, 
but they can be used in certain circumstances following very strict standards. Click "Full Article" for a look at the law and what companies need to know before they even suggest a lie detector test.
Copyright © 2008

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Unused office space
can increase your profits. And if you don't think you have any, look around - you may be surprised at the empty space you've overlooked. Click "Full Article" for more information.
Copyright © 2008

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GE to Sell Appliances Unit
newser.com - Thu, 15 May 2008 00:46:00 GMT

Expect Higher Natural Gas Bills Starting This Summer
citynews.ca - Thu, 15 May 2008 00:45:20 GMT

Delta/Northwest merger seen likely to be approved
news.yahoo.com - Thu, 15 May 2008 00:44:47 GMT

Report says GE set to auction appliance business
chron.com - Thu, 15 May 2008 00:42:30 GMT

USC, Los Angeles Coliseum sign lease
sfgate.com - Thu, 15 May 2008 00:38:38 GMT



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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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