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Hi Mary, here is Tate & Tryon's newsletter for January 8, 2008.
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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 homes, real estate investors and more.
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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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Full Newsletter 
It's here! On December 20th, 2007, The Internal Revenue Service released the much-anticipated final version of the redesigned Form 990. The revised form, effective for returns filed for the 2008 tax year and beyond, was the focus of some 3,000 pages of written comments, many of which included pleas for a delay in implementation.
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Tate & Tryon is pleased to announce the promotion of two new partners: Jasper Sciuto and Susan Colladay have been promoted to partner within Tate & Tryon's Audit Services practice.
Register Now! Maximize the effectiveness of the financial team that leads your association. Andrew Lang, a nationally recognized expert in association finance, is offering the benefit of his experience and insight in a full-day seminar developed for Treasurers, their Chief Financial Officers, and other leaders.
