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Tax software manufacturers predict that the impending election will fuel the tax prep market, as both presidential candidates propose significant changes to the Tax Code."The tax side of business will be brisk across the board regardless of the space they're playing in, because whoever becomes president will try to change the Tax Code, and change means more business," said Gene Goldenberg, senior vice president of marketing for CCH Small Firms Services, makers of ATX and TaxWise.
October 19 -
Political fundraisers for the accounting profession have been hedging their bets during this year's election campaigns, earmarking significant support for powerful House and Senate Democrats while channeling even more money to Republicans faced with tough re-election battles next month.As the 2008 congressional elections entered the homestretch, the accounting profession's seven accounting political action committee fundraising organizations had assembled a combined war chest of more than $8.8 million to support congressional candidates considered friendly - or at least important - to the profession.
October 19 -
"Gotta stay? Gotta pay!" (Sept. 22-Oct. 5, 2008, page 1), on long-term care insurance, incorrectly described how customers can increase their coverage under MetLife's LifeStage Advantage product. They can, in fact, increase their coverage every three years, cumulatively up to double the original total benefit amount.
October 19 -
The Rehmann Group plans to merge with MSW Group to create Michigan's second largest wealth management and consulting firm. The merger is expected to take effect on Jan. 1, 2009. Financial terms of the deal were not disclosed.
October 19 -
When Hurricane Ike blew through the southern coast of Texas, hitting cities such as Galveston and Houston on Sept. 12, it brought destruction and displacement, but it wasn't able to dissolve something perhaps even more significant - community.
October 19 -
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I was going to begin this column with a wry joke about the current banking and financial crisis, something on the order that if you have Lehman, you've got to make Lehman-aid.
October 19 -
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If there were any doubt about Americans' urgent need for basic financial enlightenment, the economic meltdown that has been taking its heavy toll on Wall Street and Main Street of late should lay it to rest.But today's rocky environment was probably far from the imagination of the legions of CPAs who responded to the American Institute of CPAs' call in 2003, asking if they'd be willing to participate in a sweeping effort to raise Americans' financial literacy quotient.
October 19 -