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Hello! Here are your articles for February 26, 2008.
 Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Sara Gould advises: Plan for Retirement Payouts

Sara Gould advises: When you leave the workforce to retire, or if you switch jobs, you have to determine how to take distributions from your company retirement plan. The decision can have major tax implications. Here are four basic options, as well as the exceptions that allow a taxpayer to take money from a qualified retirement plan before age 59 1/2 without having to pay the 10 percent early withdrawal penalty.

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Tax History Quiz

 
Q. In the 1930s, there were many ideas on how to solve the problems of the Great Depression, including a "Share Our Wealth" plan from one U.S. Senator. This radical plan would increase the taxes of wealthy people, only allow them a limited personal fortune, and redistribute the money to the poor. Who was the senator?

a. Robert F. Wagner
b. Huey P. Long
c. Daniel Patrick Moynihan
d. Strom Thurmond

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During fiscal 2007, the IRS audited more people than it has in a decade and the tax agency is expected to conduct even more examinations this year. Who are the current IRS targets and who is likely to find themselves under the microscope in the future? Click "Full Article" for the answers, along with eight red flags that can sometimes trigger an audit.
Copyright © 2008

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In the current economic climate, you may have some customers who don't pay their bills. As a last resort, you can at least get a tax break for business bad debts. Click "Full Article" for the basic rules.
Copyright © 2008

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Do you want to retire before reaching your full Social Security retirement age and work part-time? If so, you need to read this article so you can start planning to preserve your Social Security benefits. We explain the rules involving how much you can earn and still qualify for full Social Security benefits, along with when you will reach "full retirement age" in the eyes of the federal government.
Copyright © 2008

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Cablevision Offer Baffles Wall Street (Again)
nytimes.com - Mon, 12 May 2008 00:52:25 GMT

 Speed Racer Crashes at Weekend Box Office
newser.com - Mon, 12 May 2008 00:39:18 GMT

 Rewards of soaring raw materials
gulfnews.com - Mon, 12 May 2008 00:37:49 GMT

 Cablevision reportedly close to buying Newsday
chron.com - Mon, 12 May 2008 00:36:01 GMT

 Report: Public worker pensions threatened
politicalgateway.com - Mon, 12 May 2008 00:33:11 GMT

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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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