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Hi, Friend. Here are your Articles for February 27, 2008.
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 The Internal Revenue Service announced the launch of a simple electronic filing system that small tax-exempt organizations may use to comply with a new law requiring them to file an annual return. Previously, small tax-exempt organizations were not generally required to file the annual information returns for tax-exempt organizations. However, because of the formation of the Pension Protection Act of 2006, certain tax-exempt organizations are now required to file an electronic Form 990-N. Read on for more information. |
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 McKonly & Asbury announces the addition of nine new team members. McKonly & Asbury, voted one of the Best Places to Work in PA for five years running, continues to hire the best and brightest in accounting and business consulting services. Read on to meet our newest team members! |
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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.
The drafter of the tax articles in this e-newsletter did not intend nor write the advice to be used to avoid any penalty imposed by a taxing authority, nor may any user/recipient of this document use this document's written tax advice for that purpose. This document's tax advice was written specifically to support the promotion or marketing of the transaction/matter addressed by the written tax advice. Therefore, any user/recipient of this document should seek an independent tax professional's advice regarding the user/recipient's particular circumstances.
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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For years, college students with no independent income have been targeted by credit card companies. In many cases, students rack up thousands of dollars of debt that parents wind up paying, along with expensive interest charges. Fortunately, all that is going to change soon. Click "Full Article" for information about a new law, along with tips on how to help your student manage credit responsibly.
If you're a generous soul, you stand to gain on your tax return. Take a look at these six tax-smart ways to give to charity.
Borrowing money from your corporation can provide you with cash at low interest rates without a current tax liability. But these loans must follow strict below-market rules. Click "Full Article" for the whole story on borrowing money at applicable federal rates.
