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Hi, Friend. Here are your Articles for November 5, 2008.
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 The Central Pennsylvania business community gathered together for its annual gala of the very best businesses and executives, holding The Business of the Year Awards and annual induction of Central Pennsylvania Business Hall of Famers on Monday, November 3rd. McKonly & Asbury has proudly sponsored this event from its inception. Read on for more details about the event, the winners, and 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 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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A financial accounting standard, known as FIN 48, requires organizations to analyze positions they take on their tax returns to determine the likelihood that they will be sustained if they were ever examined by the IRS and other tax authorities. Recently, the Financial Accounting Standards Board voted to give private companies a reprieve from the rules. Here are some answers to questions that are being asked by company owners, not-for-profits, and executives about FIN 48.
Gossip and innuendo can shake the foundations of even strong organizations. Obviously, your company doesn't want false or hurtful stories spreading through the workplace, but how do you prevent it? Click "Full Article" to find out how to deal with rumors -- and learn why you don't want to institute a broad-based ban on workplace gossip.
Performance evaluations can be a tough problem. You want to trust your managers to handle them well, but you may worry that they don't take evaluations as seriously as you'd like or they let personal feelings influence their reports. Click "Full Article" to find out how to get a second opinion.
