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Hi, Website Visitor. Here are your Articles for December 12, 2007.
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Senate Passes AMT "Relief" Bill and is Pondering Other Minor Changes

Unfortunately, the "relief" was merely restoring the 2007 Alternative Minimum Tax exclusions to the same level as last year.  In the world of Washington Legislative spin, that's considered a tax cut.  The delay, however, in getting even this, and other expected 2007 tax legislation done may result in late tax refunds and an inability for people to plan their affairs.  Click on Full Article to read more.

By Russell O. Coon, CPA



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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.
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Is your corporation stockpiling its earnings? There's a penalty if you set aside too much money but you can avoid it by taking some important steps now.
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When you invest in a startup business, an S corporation is generally a good choice. Reason: You'll be able to insulate your losses against the IRS. Click "Full Article" for additional details.
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Benign inflation and strong results boost Wall St
news.yahoo.com - Wed, 14 May 2008 21:44:44 GMT

 A-B options price spikes again
stltoday.com - Wed, 14 May 2008 21:42:40 GMT

 Inflation News Boosts Stocks
newser.com - Wed, 14 May 2008 21:42:18 GMT

 State of the Art: Don't Know What It Is, but the Widgets Are Fun
nytimes.com - Wed, 14 May 2008 21:40:22 GMT

 Overview: Inflation data in contrast across Atlantic
ft.com - Wed, 14 May 2008 21:36:49 GMT

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