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Greetings Website Guest! Below is your customized newsletter for November 29, 2007.
SLGG Takes Honors!

"Construction Innovator" of the Year for 2007
SLGG's Construction Industry Practice Group was recently honored by the Southern California (LA/OC) chapter of the American Subcontractors Association as Construction Innovator of the Year. The award recognizes the contributions of professionals (in law, accounting, insurance, legislation or any individual) whose innovative concern has helepd shape the success of the construction industry. Featured in the photo are: SLGG partner Glenn Carniello, manager Jessica DuVall, and partner Rachel Rico.

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Accountants in Action!

Tax Hotline on KABC-TV (Channel 7)
Thursday, November 29,  4:00-7:00 pm
 
CalCPA volunteers, including SLGG's own Lior Temkin, CPA,  will be in studio to field questions viewers may have about tax filing.


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Mileage Rates for 2008

IRS Announces 2008 Standard Mileage Rates
The Internal Revenue Service has recently issued the 2008 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Read more...



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Tax Break-Hybrid Update

Honda Hybrid Tax Credit Phase Out on Jan 1
The credit for all new qualified hybrid passenger automobiles or light trucks manufactured by Honda will begin to phase out on Jan. 1, 2008. Beginning Jan 1, 2009, taxpayers who buy a Honda hybrid cannot claim the related tax credit. Read more...



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'Tis the Season

Seven Things To Do with a Fruitcake
Here are seven ways to make good use of that gift fruitcake to inspire you these holidays. Read more...



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What are the best and worst places to do business around the world? The World Bank's new Doing Business 2008 report helps companies gain insight into the regulations and costs of operating around the globe. Click "Full Article" for highlights from the study that covers taxes, hiring employees, obtaining credit, dealing with licenses and more.
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Planning your estate can sometimes seem like hitting a moving target. A number of changes are scheduled to go into effect in coming years under current federal law. At the same time, Congress continues to debate passing additional laws. And in your own life, changes may occur that make it necessary to adjust your estate plan. This article explains when revisions might be necessary.
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Test the success of your fringe benefits to make sure they are meaningful for your particular workforce. For example, a company-sponsored mortgage program may be the best route if your employees are young and rent their homes. By solving the puzzle of which benefits are best for your staff members, you can reduce employee turnover.
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Collection agents and attorneys are two routes toward getting deadbeat customers to pay up, but there could be a better, cheaper way to collect your company's past-due bills. Read the "Full Article" to find out how.
Copyright © 2008

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Credit jitters, higher oil hits futures
news.yahoo.com - Thu, 21 Aug 2008 12:44:33 GMT

 Lone Star to buy subprime victim IKB
ft.com - Thu, 21 Aug 2008 12:41:09 GMT

 Japan July trade surplus nose dives
politicalgateway.com - Thu, 21 Aug 2008 12:39:47 GMT

 Australia beats Hungary 12-11 in bronze shootout
sfgate.com - Thu, 21 Aug 2008 12:38:34 GMT

 Oil climbs on shrinking gas supplies
cnn.com - Thu, 21 Aug 2008 12:37:49 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 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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