September 29, 2011
 
"Pass this jobs bill." "You should pass it right away." This was the refrain, over and over again, when the president spoke to Congress earlier this month about his vision for a new jobs bill. "Pass this jobs bill, and starting tomorrow, small business will get a tax cut..." Seriously? Was Congress supposed to vote that night on a bill that hadn't even been written, and enact the bill so that tax cuts would take place the next morning? Read More »»

Gail Perry, CPA
Editor-in-Chief
editor@accountingweb.com
  
Recap of tax winners and losers in new jobs bill
President Obama has proposed a number of significant tax changes in the American Jobs Act of 2011, including payroll tax cuts, tax credits to encourage hiring, extension of the 100 percent bonus depreciation tax break, and several revenue-raisers. Read More »»
Accounting community calls for independent standards board for private companies
CPA firms, private companies, lenders, and nonprofit entities have joined in a massive letter-writing campaign to the Financial Accounting Foundation (FAF) to express their views on the need for separate standards and an independent standard setting board for private companies. Read More »»
Busted: State tax investigator accused of theft
When will a small minority of tax professionals learn that crime doesn't pay? You would think they would know better. Read More »»
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