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Hello! Here are your articles for December 12, 2007.
 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
Jerry Hurt advises: Deduct for Transporting 'Tools of the Trade'

Jerry Hurt advises: You probably know the cost of commuting back and forth from work is not a deductible expense, whether you travel by car, train, bus or even plane.  However, you may be able to deduct certain commuting costs while you're operating on a temporary assignment or if you're traveling between two business locations.  Click Full Article to learn about another exception.



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Holiday break schedules

Children (and parents?) are excited  about the coming holiday break.  You have planned family gatherings and you may be thinking about play dates to keep your children active.  Click on Full Article to see the variations in school calendars so your plans can be well-laid.



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Is Your Favorite Charity Tax-Exempt?
Q.
Americans like supporting charitable causes ... and receiving tax deductions in return. But if an organization runs afoul of tax laws and regulations, it could jeopardize its tax-exempt status and donors' tax deductions. Which of the following can cause an agency to owe taxes, or have its tax-exempt status suspended or revoked?

a. A children’s charity displaying a political candidate's posters in its windows.
b. A group publishing material for a foundation suspected of having ties to terrorism.
c. An agency for the prevention of animal cruelty receiving significant income from pet boarding and grooming services.
d. All of the above.

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Many businesses hire
independent contractors. If your company is one of them, make sure to comply with tax and benefit laws. A recent federal court decision and a California Supreme Court ruling are the latest setbacks facing FedEx Corporation's use of independent contractors as drivers. Take a look at details of the cases, along with some ways to help safeguard your business from government agencies arguing that independent contractors should be classified as employees.
Copyright © 2008

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Extended absences
can create special problems when employees finally return to work. They can feel out of touch with both the company and their colleagues. Being aware of those problems can help ease the transition. Read the "Full Article" for tips on how to help your returning staff members get back to business as usual.
Copyright © 2008

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The copyright symbol is everywhere, but do you know what it means legally and how it affects your company's Web site? It's imperative that you have a good understanding of copyrights and how to protect the content on your site. Click "Full Article" for some of the critical facts.
Copyright © 2008

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Eminent domain initiatives at a glance
sfgate.com - Sat, 10 May 2008 00:33:32 GMT

U.S. stocks close lower, Dow drops 121 points
japanherald.com - Sat, 10 May 2008 00:30:20 GMT

Stocks close out difficult week with big losses
usatoday.com - Sat, 10 May 2008 00:29:37 GMT

Postal prices go up Monday
stltoday.com - Sat, 10 May 2008 00:23:22 GMT

GM Finally Says Enough! Offers $200 Million to end American Axle strike
labourstart.org - Sat, 10 May 2008 00:21:11 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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