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Greetings Website Guest! Below is your customized newsletter for March 6, 2008.
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Singer Lewak Greenbaum & Goldstein LLP demonstrates its reputation for practice innovation by offering the benefits of PortalPower feature and encourages clients to take advantage of e-filing for their tax returns. According to the IRS, e-file is off to a fast start in 2008 with more than 38 million tax returns filed electronically so far. Read more...
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The House Subcommittee on Select Revenue Measures held a hearing on March 5, 2008 to examine whether there is a need for a more uniform treatment of various derivative structures. Committee Chairman Richard Neal, D-Mass., pointed out the pitfalls of derivatives, noting the financial damage to the market last Friday after one insurer posted heavy losses, in part due to one type of derivative, credit default swaps. Read 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 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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