Emergency Economic Stabilization Act of 2008
By Nancy Faussett, CPA
Publication date: 10/07/2008
The legislation, signed into law on October 3, 2008, actually contains three separate acts: the Emergency Economic Stabilization Act of 2008; the Energy Improvement and Extension Act of 2008; and the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. Read about the principal provisions, including tax extenders, energy incentives, and disaster relief as they affect fixed assets management, individual taxpayers, and businesses.
Emergency Economic Stabilization Act of 2008
By Nancy Faussett, CPA
Publication date: 10/07/2008
The legislation, signed into law on October 3, 2008, actually contains three separate acts: the Emergency Economic Stabilization Act of 2008; the Energy Improvement and Extension Act of 2008; and the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. Read about the principal provisions, including tax extenders, energy incentives, and disaster relief as they affect fixed assets management, individual taxpayers, and businesses.
01/06/2009
FASB Requires More Transparency for Disclosures on Pensions and OPEBs
Employers are required to provide more transparency surrounding the types of assets and associated risks in their defined benefit pensions or other postretirement plans, the Financial Accounting Standards Board said Dec. 30.
01/05/2009
IRS Unveils Major Cost-Sharing Regulations With Significant Changes
The Internal Revenue Service Dec. 31 issued long-awaited proposed (REG-144615-02) and temporary and final (T.D. 9441) regulations on methods to determine taxable income in connection with a cost-sharing arrangement, making several significant changes to the existing rules.