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Daily Archives: June 25, 2010
Drug cartels issue threats to US Police
Police say the cartels are being squeezed at the border and the drug lords are angry their profits are being cut into. More than $10 million in drugs have been confiscated in Santa Cruz County this year. And last year,…
Posted in Government
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Alert Issued for 17 Afghan Military Members AWOL From U.S. Air Force Base
A nationwide alert has been issued for 17 members of the Afghan military who have gone AWOL from an Air Force base in Texas where foreign military officers who are training to become pilots are taught English, FoxNews.com has learned.…
Posted in Government
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High Compensation Held Mostly Reasonable for Multi-Role Owner-Employee
Successful closely held corporations that pay owner-employees big salaries and bonuses are vulnerable to IRS challenge on the ground that part of their pay represents a nondeductible dividend rather than deductible compensation. However, as a new Tax Court case illustrates,…
Posted in Accounting & Tax
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Tax Changes in the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010
On June 25, 2010, the President signed into law H.R. 3962, the “Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010” (the Act). This so-called “doc-fix” Act funding relief for some pension plans hard hit…
Posted in Accounting & Tax
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Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010
The President signed into law on Friday, June 25, 2010, The Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act. The legislation cancels a scheduled reduction in Medicare payments for doctors and increases reimbursement to providers of…
Posted in Accounting & Tax
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Principles of Freedom inspired by our Founding Fathers
We are at a critical time in American’s history.. We as citizens have the responsibility to stand up for the principles of freedom that made our country great. This is inspired by the book, “The 5000 Year Leap” written by…
SLOW ROAD AHEAD TO REBUILD WEALTH
Gaining Ground? Climbing Out? How Long Will It Last?
GAINING GROUND, BUT WILL IT LAST? Americans’ wealth grew by a modest 2.1 percent last quarter to $54.6 trillion, lifted by stock market gains. Since then, Wall Street has slumped. Net…
Posted in Economy
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