Archive for the ‘Business’ Category
We recently corresponded with alliantgroup’s Dean Zerbe, former Senior Tax Counsel to the Senate Finance Committee. Here is a summary of his take on upcoming tax legislation. Read More
If you currently cover your employees with health coverage, you will find a big smile planted on your face when you read how the new health care law might put money in your pockets, starting right now. And you may not have to make a single change in business practice to get your money. Read More
The Financial Accounting Standards Board (FASB) has issued FASB Interpretation No. 48 (FIN 48), “Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No. 109,” to address how companies should account for uncertainties in timing and permanent income tax positions. Many companies seem to have the wrong mindset about the implementation process. They view this process as one big headache. Read More
In March 2009, Bernard Madoff pleaded guilty to charges including fraud for operating a Ponzi scheme for at least a decade in which he bilked thousands of investors out of as much as $65 billion. In January 2009, the CEO and Chairman of Satyam Computer Services admitted to faking financial results, including overstating cash balances by more than $1 billion. Read More