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Hi, Website Visitor. Here are your Articles for January 2, 2008.
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 On December 19th, the House of Representatives yielded to the will of the Senate and the White House and passed an extension of slightly higher AMT exemptions than those that were in effect in 2006, but only for one year, 2007. A permanent solution to the AMT burden still seems only a remote possibility.
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It's resolutions time. Instead of the usual self-improvement lists – and who can stick to those anyway – how about taking a look at your career and figuring out how to make your job work for you? The down time over the holidays is a great time to assess whether your work is truly fulfilling, if you're in a temporary slump, or if you need a new job altogether. 
Hybrids are attractive vehicles in this era of $3-plus gasoline. Even though the revised method for calculating federal fuel economy has knocked down the estimated mileage on all cars, especially some hybrids, gas-electric hybrids still are the most fuel-efficient vehicles available. 
An expensive tax penalty can be personally imposed on any person responsible for collecting, accounting for, or turning over taxes to the federal government that are withheld from employees' paychecks. There is often more than one person in a firm who can be hit with the "100 Percent Penalty," also called the Trust Fund Recovery Penalty. Take a look at three cases that illustrate who can be liable.
When you sell shares of stock after a split, make sure you can tell the IRS which shares you're selling and when you originally purchased them. If you don't keep accurate records, you might pay too much tax on your profit.