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November 11, 2008

Editor's Note Several states voted for (or against) tax initiatives in last week's election. Massachusetts voted against cutting taxes, while Colorado voted against raising taxes. Florida voted for property tax exemptions, while Maine voted down an increase in beverage taxes. How did your state vote on tax issues, and why did they vote the way they did? Let us hear from you on the tax changes in your state. Best regards, Gail Perry, CPA Managing Editor editor@accountingweb.com Obama Diet Soda: Marketing Lessons for CPAs New From Microsoft (NOT Software!) What Happens On the Internet Stays On the Internet GM says could be out of cash; raises a going concern issue? Questions & Advice Service or sales? Let's say I want to program i-phones for my customers. I give them 2 options: Option 1 - Purchase a new programmed phone from me that includes the cost of the new phone. Option 2 - Send in their existing phone and pay me for the service to program it for them. Is option 1 sales and option 2 service? Add your input! Add your input! Negative beta on regression analysis I was trying to calc a beta for use in a WACC calculation and when I compared my company's returns to the S&P 500 average for the last 5 years, I got a negative beta. I'm not sure why this would be negative, any ideas? We utilize transfer pricing, so one thought was that this could be "skewing" results. Share your suggestions today! Featured Book Don't Make Me Think: A Common Sense Approach to Web Usability, 2nd Edition by Steve Krug Usability design is one of the most important--yet often least attractive--tasks for a Web developer. In Don't Make Me Think, author Steve Krug lightens up the subject with good humor and excellent, to-the-point examples. More featured books >>

Top News CCH issues special briefing on President-Elect Obama's tax proposals CCH, a Wolters Kluwer business and a provider of tax, accounting, and audit information, software and services, has issued a Special Tax Briefing detailing the tax policies of President-elect Barack Obama. more >> IRS seeks applications for TE/GE advisory committee Crowe Horwath to acquire California firm Small Business News New challenges face majority of small business owners during open enrollment More than half of small business employers who offer employee benefits encounter challenges during the enrollment process, according to a recent study from The Guardian Life Insurance Company of America, a provider of employee and voluntary benefits to small and midsize companies. more >> Seven ways to land new business by leveraging your client relationships Cut the fat, tighten control, sweeten the bottom line Firm/State/People News State tax initiatives receive mixed results on election day Income tax repeal measures were defeated in last week's election, as Massachusetts voters once again rejected a ballot question to eliminate the state's income tax, six years after the question lost by a slim margin. And in North Dakota, voters overwhelmingly rejected a measure that would reduce their income taxes by 50 percent and create an oil-tax trust fund. more >> Pennsylvanians will recognize a CPA for outstanding community service efforts National CPA firm announces expansion Tech News BigTime wins top award from the Sleeter Group of QuickBooks professionals BigTime, a web-based time and billing system for small businesses, has been selected to receive this year's "Awesome Add-On" award by the Sleeter Group, the nation's largest community of QuickBooks professionals. BigTime is the flagship product for Edison's Attic in Chicago. more >> Five Business IT tips to make your firm a green champion Business IT tips: Five ways to make your reports stand out

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