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Hello! Here are your articles for April 23, 2008.
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Executive Compensation: What Are IRS Auditors Looking For?

When the IRS audits a publicly traded corporation, one of the areas that examiners scrutinize is executive compensation, especially when it is in excess of $1 million annually. From an internal IRS guide, here are the questions that auditors are instructed to ask corporations in an initial interview when they are looking to narrow the focus of the documents they request.

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We're Flexible When it Comes to Finding Quality Staff Members

Traditional work schedules aren't possible for everyone. And our firm would rather have talented, committed individuals than enforce a regimented workday. If you require flexibility and have the skills we need, click Full Article to find out how far we'll go to hire and retain you.

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Get out the paper shredder! If you met the April 15 deadline and filed your tax return last week, you can clear away some of the paperwork cluttering up your files. But save essential records that can protect you during an IRS audit -- or help you collect a future refund. Click "Full Article" for a handy reference guide to the business and personal tax records you need to retain -- and how long you need to keep them.
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Educate your employees about the tax implications of bonuses, fringe benefits and perks to prevent a backlash of employee dismay at tax time. Click "Full Article" for some tips.
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The IRS is always on the lookout for taxpayers who try to deduct losses on personal pursuits. However, that doesn't mean you can't enjoy a sideline business. Here are five recommendations for transforming your hobby into a business so you can generate a treasure chest of tax deductions.
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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