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Greetings Website Guest! Below is your customized newsletter for January 24, 2008.
Supreme Court Rules on Trust Fee Deductions

The Supreme Court has handed down a unanimous decision in a case involving the deductibility of investment advisory fees by trusts, ruling that the expenses are deductible only to the extent that they exceed 2 percent of the adjusted gross income. Read more...



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Proposed Economic Stimulus Package

Congressional leaders and the Bush administration were close to reaching a deal on a $145 billion economic stimulus package on Wednesday night as the Treasury Department crunched the numbers on components of the plan. President Bush is considering a variety of options for an economic stimulus package that he said would provide a boost for the struggling U.S. economy. The options of the proposed economic stimulus package could include a rebate of up to $500 for individuals to encourage more spending, similar to the $300 and $600 checks that were sent out in 2001 to boost the economy. Read more...

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Financial Executives Roundtable Events

Singer Lewak Greenbaum & Goldstein LLP is proud to co-sponsor several Roundtable Events for Financial Executives including:
"Exit Strategies for Public and Private Companies - Selling Out: the Good, the Bad and the Ugly" 
February 13 in Woodland Hills
with presentations on valuing your business - what's it worth?, contractual agreements - things to consider, and prerequisites of a private equity firm

"Standards of Fair Value: SFAS 157, 141R"
January 31 in Irvine
The implications of FV will be far-reaching for corporate financial officers and their auditors, not to mention audit committees or shareholders and creditors. Understanding just what "Fair Value" is, and is not, is critical.

For more information or to rsvp, please email marketingla@slgg.com or call 310-477-3931 ext 1402

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Beware of Social Networking in Wooden Horses

Social networking breeds new wave of 'Trojan 2.0' attacks
The great Facebook boom of 2007 has been accompanied by a new generation of phishing and trojan horse virus attacks, according to security experts. MessageLabs noted that websites such as Facebook, Linked-In, and Plaxo presented rich pickings for identity thieves looking to gather personal information.

These Trojan 2.0 attacks represent a quantum leap for hackers in terms of technological sophistication, and pose a serious challenge to the IT community.

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Once again, Social Security is in the national spotlight. This January, the first Baby Boomers turn 62, making them eligible to draw benefits. That brings up a lot of questions for those about to retire soon and those still years away. Among other things, people want to know how much they can expect, when they can quit working, and perhaps most important... will the Baby Boomers bankrupt Social Security? Read on to learn more.
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There's a special tax break that allows the executors of some estates to pay tax bills over several years. Click "Full Article" to find out which estates qualify, as well as the interest rate charged.
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There is a pool of promising people who might be willing to work for your company for free. But is it wise to bring in unpaid interns? Only if you comply with the requirements of the Fair Labor Standards Act. Here are the details.
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Leasing can be a shrewd alternative to purchasing when it comes to equipment, business cars, space and the like. But shrewdness also comes into play when you negotiate your payments. Click "Full Article" to see how you can avoid being left twisting in the wind after you sign your next lease contract.
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U.S. Ready To Talk About Temporary Visas At WTO
javno.com - Sat, 26 Jul 2008 18:36:51 GMT

 Why the Housing Bust is Good for the Homeless
newsweek.com - Sat, 26 Jul 2008 18:31:06 GMT

 Housing rescue bill heads to Bush
detnews.com - Sat, 26 Jul 2008 17:51:10 GMT

 Ford To Focus On Small Fuel Efficient Cars, Slows Down On Trucks, SUVs
AllHeadlineNews.com - Sat, 26 Jul 2008 17:49:20 GMT

 FCC OKs satellite radio merger
msnbc.com - Sat, 26 Jul 2008 17:30:03 GMT
 
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