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Hi, Website Visitor. Here are your Articles for October 8, 2008.
Time to get your 2007 tax information to your tax professional

If you filed an extension for your 2007 taxes, the deadline for filing is October 15, 2008.  Here are some things to remember to gather for your tax professional:



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Four ways to manage stress

It may not be part of the job description, but workplace stress is a part of every job. Managing the demands of your workday and home life may seem impossible when you are in the burnout zone, but it's important to restore balance in your professional and personal life.



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Helping Your Practice Plan for the Future

A year-end check-up on the financial health of your healthcare practice can help you and your partners keep on track with your business goals. By comparing your most current financial statements against past records and benchmarks within the industry, you can determine where your stand financially. .



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Fourth Quarter 2008 Interest Rates Now In Effect

The Internal Revenue Service has announced in Revenue Ruling 2008-47 that interest rates for the calendar quarter beginning Oct. 1, 2008 increased by one percentage point.



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After a turbulent week, Congress finally passed the "bailout" bill on Friday and President Bush quickly signed it into law. In addition to providing assistance to troubled financial institutions, the new law contains numerous tax provisions estimated at being worth more than $150 billion. Here is a quick rundown of some of the tax benefits, as well as a depreciation strategy that some businesses might be able to take advantage of under a law passed earlier this year.
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Want a million dollars? If you own commercial property, this fantasy might be more applicable than you think because you could be eligible for a million dollars worth of depreciation deductions. There's only one problem. You may have to wait 39 years to generate all of the deductions. But by using a process called "cost segregation," you can write off more of your million dollars now, rather than waiting for decades. Here are the details.
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When you invest in a startup business, an S corporation is generally a good choice.
Reason: You'll be able to insulate your losses against the IRS. Click "Full Article" for additional details.
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Essay: No Rest for the Wealthy
nytimes.com - Mon, 6 Jul 2009 00:45:10 GMT

Third train fatality reported in Oakland area
sfgate.com - Mon, 6 Jul 2009 00:39:43 GMT

Economy unites generations; Parents, grandparents live together to make ends meet
deseretnews.com - Sun, 5 Jul 2009 23:50:46 GMT

China reassures on dollar debate before G8
news.yahoo.com - Sun, 5 Jul 2009 23:50:04 GMT

Walt Disney Monorail Crash kills 21-year-old pilot
ibtimes.com - Sun, 5 Jul 2009 23:46:29 GMT



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We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal and tax climate is constantly changing especially when reviewed on an industry basis.

It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements. We are not responsible for errors, misinterpretations or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business or tax situation.

Pursuant to Circular 230 promulgated by the Internal Revenue Service, if this email, or any attachment hereto, contains advice concerning any federal tax issue or submission, please be advised that it is not intended or written to be used, and that it cannot be used, for the purpose of avoiding federal tax penalties unless otherwise expressly indicated.

 

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