Editor's Note
I read today that a town in Illinois has passed legislation
that requires people to pay a fine if they are caught wearing
sagging pants in public. I'm somewhat speechless over this
issue, but it does provide a good lead-in to today's top story
about dressing for the job you want. I've often heard that when
you want a promotion, you should dress for the job you aspire
to instead of the one you currently hold. But who's to say if
the person wearing drooping pants isn't dressing for the job he
aspires to? I'd be very distressed if my elected lawmakers
started telling me I can't dress in a way i feel is
appropriate. Meanwhile - here's some additional food for
thought. With so many large companies switching from strict
business attire to a business casual atmosphere, is business
casual the new business attire? Will young people entering the
workforce today even know what traditional business attire
means? And does that matter? Let me know what you think.
Best regards,
Gail Perry, CPA
Managing Editor
AccountingWEB, Inc.
editor@accountingweb.com
Capital Gains on Residential / Commerical Real Estate
A reader wants to know how capital gain tax is computed on the
sale of property that is part residential, part commercial.
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