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Hi Nicky, here are your articles for January 3, 2008.
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We are pleased to announce that we have added our third firm in two years. M.O. Portanova & Associates, Ltd., will be joining Porte Brown as of Janaury 1, 2008. We previously added Menconi & Associate and Mengel Mulvihill & Associates Ltd. in 2006. (For details, click Full Article.)
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You may be wondering what happened to those tougher new rules announced awhile ago regarding employment of illegal immigrants. The rules, designed to beef up enforcement of immigration laws, were scheduled to begin taking effect in September of 2007. For a reminder of the changes and to find out why they have not been implemented, read the "Full Article."
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Before adjourning for the year, Congress passed new laws that will have a tax impact on many individual and business taxpayers. Click "Full Article" for details about the Mortgage Forgiveness Debt Relief Act, which was signed into law by President Bush on December 20, 2007. In addition to helping homeowners caught in the sub-prime mortgage crisis, the wide-ranging law affects surviving spouses who want to sell their home
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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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Business owners have more retirement choices with the introduction of some new plans. Take a look at two tax-saving options that can make your golden years shine even brighter.
