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Daily Archives: August 21, 2010
CRS Issues Report Addressing New Form 1099 Filing Requirements
The Congressional Research Service (CRS) has issued a report addressing Form 1099 reporting requirements enacted by the Patient Protection and Affordable Care Act that become effective for payments made after December 31, 2011 by persons engaged in a trade or…
Posted in Accounting & Tax
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IRS Releases Proposed Regulations Related to Circular 230
The IRS released proposed regulations that would amend Treasury Circular 230, the rules governing practice before the IRS. The proposed regulations generally would extend current regulations that apply to attorneys, certified public accountants and other specified tax professionals to all…
Posted in Accounting & Tax
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Registered Return Preparer Update
The IRS has updated its FAQs regarding registered return preparers. New questions and answers are added frequently as details are finalized. The recently added FAQs address testing, return signing, and PTIN requirements. The FAQs are available on the IRS
Posted in Accounting & Tax
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New pictures of Obama’s youth
Chubby: Barack Obama, then known as Barry Soetoro, centre, is pictured at a classmate’s birthday party in Jakarta, Indonesia, in 1971
Popular: The man who would become president of the USA was well-liked in his neighbourhood of Menteng…
Posted in Government
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18 signs that America is rotting
The following are 18 signs that America is rotting right in front of our eyes….
1 – Due to extreme budget cuts, school systems across the United States are requiring their students to bring more supplies with them than ever…
Posted in Government
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10 Signs The U.S. is Becoming a Third World Country
The United States by every measure is hanging on by a thread to its First World status. Saddled by debt, engaged in wars on multiple fronts with a rising police state at home, declining economic productivity, and wild currency fluctuations…
Posted in Government
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Iran believes an attack in next 3 months
Mahmoud Ahmadinejad said Iran had ‘very precise information that the Americans have hatched a plot against them
Iranian leader Mahmoud Ahmadinejad believes the U.S. will launch a military strike on ‘at least two countries’ in the Middle East in…
Posted in Government
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How Gullible Are We?
This was found on the newsgroup: rec.humor.funny
H2O: Dangerous Chemical!
A student at Eagle Rock Junior High won first prize at the Greater Idaho Falls Science Fair, April 26. He was attempting to show how conditioned we…
Posted in Fun
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Things You Didn’t Know About Social Security
Paper Social Security checks will soon be retired. Social Security recipients will be required to collect payments by direct deposit into a bank account or a government Direct Express Debit MasterCard beginning on March 1, 2011. Existing beneficiaries must switch…
Posted in Accounting & Tax, Economy
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