Comment on this article Nov 11, 2009
This article is only concerned with financial accounting, as opposed to tax accounting, which is governed by the Internal Revenue Service ... For example, it is possible to depreciate a plant in 15-to-20 years for federal tax accounting while using a 40-to-50 year depreciable life for financial accounting. (Energy Pulse, CO)
StoneMor Partners L.P. Announces Public Offering of 1,275,000 Common Units Nov 11, 2009
These forward-looking statements are made subject to certain risks and uncertainties that could cause actual results to differ materially from those stated, including, but not limited to, the following: uncertainties associated with future revenue and revenue growth; the effect of the current economic downturn; the impact of our significant leverage on our operating plans; our ability to service our debt and pay distributions; the decline in the fair value of certain equity and debt securities... (Primezone Releases)
NorthWestern Energy reports $18.9M net income increase Oct 30, 2009
The increase is primarily because the utility received an IRS approval to change a tax accounting method, a news release said. That enabled it to "immediately expense certain repairs that we had previously capitalized for tax purposes," said Bob Rowe, president and CEO.. (Montana Standard, MT)
$20M tax gain boosts Hawaiian profits Oct 21, 2009
The company said the one-time adjustments were primarily the result of adopting various tax accounting changes. Without the changes, profit for the quarter would have been $10. (Pacific Business News, HI)
Health care CEO optimistic about reform Sep 11, 2009
Speaking of accountants, we never heard back from Shea Labagh Dobberstein, the midsize San Francisco accounting firm that faces a $5 billion whistle-blower lawsuit filed by an ex-employee who claims he was fired after raising alleged fishy tax accounting goings-on connected to the firm. But we did find an interesting justification for throwing out the case, as expressed by an attorney representing the firm. (San Francisco Chronicle -- Business)
Analysis: Where Vantus went wrong Aug 30, 2009
Aggressive stake in hybrid securities led to bank's fall. Under the leadership of a new chief executive, the Sioux City-based bank for the first time began buying a type of hybrid security created from pools of loans and other debt from more than 700 lenders, insurers and real estate firms. (Sioux City Journal, IO)
Aberdeen Global Income Fund, Inc. Announces Payment of Monthly Distribution Aug 16, 2009
Under U.S. tax accounting rules, the amount of distributable income for each fiscal period depends on the actual exchange rates during the entire year between the U.S. dollar and the currencies in which Fund assets are denominated and on the aggregate gains and losses realized by the Fund during the entire year. Therefore the exact amount of distributable income for each fiscal year can only be determined as of the end of the Fund's fiscal year, October 31. (PR Newswire)
Polymer Group, Inc. Announces Preliminary Summary Results; Aug 15, 2009
The preliminary summary results above are subject to final validation of reconciling activities associated with intercompany balances and foreign currency transactions and income tax accounting. Currently, the company does not expect to file the Form 10-Q for the period ended July 4, 2009 within the extension time allowed under the filing requirements due to the complex nature of the company's intercompany structure and the activities required to reconcile the outstanding issues. (PR Newswire)
Thomson Reuters Launches ONESOURCE State Apportionment Software Aug 11, 2009
Increases Efficiency and Accuracy of State Apportionment Collection and Processing. CARROLLTON, Texas, Aug. 10 /PRNewswire-FirstCall/ -- The Tax & Accounting business of Thomson Reuters has recently released ONESOURCE(TM) State Apportionment (formerly Liquid Engines AMx) software to streamline cumbersome state income tax apportionment processes for corporate tax professionals. (PR Newswire)
California Q&A: State tax filers face big changes Aug 10, 2009
California Qte tax filers face big changes - California - fresnobee. Place an obit: (559) 441-6228. (Fresno Bee -- State)
Orion Energy posts loss as revenue slumps Aug 6, 2009
The firm's loss-per-share was more than expected because of unanticipated tax accounting factors. The company expects second-quarter revenue to rebound from first-quarter levels to a range of $13. (Milwaukee Business Journal, WI)
The Chile Fund, Inc. Announces Payment of Quarterly Distribution Jul 25, 2009
Under U.S. tax accounting rules, applicable to the Fund, the amount and character of distributable income for each fiscal year can be finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the "1940 Act") and related Rules, the Fund may be required to indicate to shareholders the source of certain distributions to shareholders. (PR Newswire)
Leclair named chair of VNA Board of Directors Jul 15, 2009
Tue Jul 14, 2009, 10:27 AM EDT. VNA Care Network & Hospice, a home health care, hospice and wellness agency serving Eastern and Central Massachusetts, recently welcomed Framingham resident Diane L. Leclair as chair of the VNA Care Network Foundation board of directors. (Framingham TAB, MA)
Oakland A's Prospect Q&A: Kenneth Smalley, P Jul 13, 2009
KS: Id probably be finishing my degree up and I am a tax accounting major so Im sure Id be doing something with numbers. DM: I have a question from Larry Majkszak, a fan from the mailing list on my website: He asks how come you were at three different colleges in three years. (Oakland, TheInsiders.com)
Meta Financial Group, Inc.(R) Restates Fiscal Year 2008 and First and Second Quarter 2009 Financial Statements Due to Change in Tax Assumption Jun 27, 2009
The Company relies upon an outsourced third party public accounting firm to prepare its tax returns and to render tax accounting advice in connection with the preparation of the Company's financial statements; such firm is unaffiliated with the Company's current independent auditing firm. The third party tax advisor informed the Company's management that the tax advisor's earlier assumption relative to the cost basis and tax treatment of the subsidiary sale was incorrect resulting in a greater... (PR Newswire)
Breakthrough Analysis Helps Auditors Better Assess Risk of Non-Public Companies Jun 20, 2009
Text hiding to spacing. (PRNewsFoto/BNA Tax nting) ARLINGTON, VA UNITED STATES. (PR Newswire)
CCH offers businesses easy search Jun 17, 2009
Web search enhanced by. Published: Wednesday June 17, 2009 MYT 11:08:00 AM. (The Star Online, Malaysia -- Technology)
* Business Briefs May 28, 2009
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World)
Downtown Kalona starts its beautification May 21, 2009
Village Shoppe, Cherry Blossom Boutiques, English River Antiques, Everybody's Clothing, Woodin Wheel, Grandma's Corner Shop, Kalona Furniture, Kalona Antique Company, Family Salon Kalona General Store, 1st Class Apparel, Willow Creek Quilting , Peggy's Place, Pink Begonia, Kalona Bakery, Tuscan Moon, Stitch 'n Sew Cottage, Parlor Restaurant, Physical Therapy Services, Kalona News, PCS Kalona Oil, Miller Medicine Cabinet, Fisher Insurance Agency, Hochstedler Insurance Agency, Inc., Kalona... (Kalona News, IA)
2 last-minute tips in preparing tax returns Apr 12, 2009
12, 2009 12:00 AM Associated Press. If you haven't sent in your 2008 tax returns yet, here are two things to keep in mind. (AZCentral -- Business)
Practical Accountant Names PKF Texas One of Top 15 Accounting Firms in Southwest Apr 11, 2009
Text hiding to spacing. HOUSTON, April 10 /PRNewswire/ -- Pannell Kerr Forster of Texas, P.C. (PKF Texas) has been named one of Practical Accountant's top 15 firms in the Southwest. (PR Newswire)
For procrastinators, a tax filing-on-deadline checklist Apr 10, 2009
Tax checklist: Deadline is a week away - Tax Tactics- msnbc. Tax checklist: Deadline is a week away. (MSNBC -- Business)
Tax checklist: Deadline is a week away Apr 9, 2009
April 15 will be here soon; here's some tips for last minute filers. Our cartoonists take a look at filing day. (Huntington WSAZ-TV, WV)
Ready to rise, shine? Mar 16, 2009
The bleary-eyed can be found in Advanced Firearms, Applied Math, Automotive Brake Systems, Color for Creatives, Composition I-III, Dental Assisting Specialties, Electricity, Graphic Design II, Human Relations, Human Anatomy ology, Income Tax Accounting, Introduction to Psychology, Introduction to Sociology, Nursing I-IV, Plastic Repair, Principles of Marketing, Proofreading and Editing, Saxophone Fundamentals, Web Studio II and Western Civilization. Story Comments. (Sioux City Journal)
Triangle Capital Corporation Declares Quarterly Cash Dividend of $0.40 Per Share Mar 12, 2009
At each year end, the Company is required for tax purposes to determine the dividend allocation based on tax accounting principles. Due to differences between GAAP and tax accounting principles, the portion of each dividend distribution that is ordinary income, capital gain or return of capital may differ for GAAP and tax purposes. (Primezone Releases)
Daylight Savings Brings Payroll Puzzles, CCH Says Mar 5, 2009
Text hiding to spacing. March 4 /PRNewswire/ -- Straight time or overtime. (PR Newswire)
Three CCH Products Named Finalists in Prestigious Software & Information Industry Association Awards Mar 5, 2009
Three CCH Products Named Finalists in Prestigious Software mation Industry Association Awards. Text hiding to spacing. (PR Newswire)
PIEDMONT HERALD: Luke crafting town budget Mar 5, 2009
On the revenue side, the NewPage paper mill once again represents the vast majority of the municipality s property tax income, its $339,000 tax bill and another $22,000 in personal property tax accounting for 91 percent of the town s proposed $397,000 fiscal 2010 budget. On the expense side, salaries and benefits for the town s five full-time employees account for the bulk of the spending. (Keyser Mineral Daily News Tribune, WV)
Frozen Audio R&D Budgets Set to Thaw With AP Lease Program Mar 3, 2009
Frozen Audio Rets Set to Thaw With AP Lease Program. Text hiding to spacing. (PR Newswire)
The idea that created billion dollar ideas- Java Feb 25, 2009
For a host of governments, Java is increasingly coming in handy for tax accounting. The programme also dishes out applications for cellphones. (India Times)
Online CPD - an overview by Nigel Harris Feb 18, 2009
CPD may be a chore, but for those living outside the major cities it can consume a disproportionate amount of chargeable time. Video conferencing may not have caught on yet, but this year all the major CPD providers to the accounting profession will be offering some of their normal update courses online, presented by the speakers we have all become familiar with on the live CPD circuit over the years. (Accounting Web, UK)
New CCH Tax Briefing: Senate Passes Recovery Plan With Expanded Homebuyer's Credit, Car Incentives, AMT Patch Feb 11, 2009
Text hiding to spacing. Feb. 10 /PRNewswire/ -- The Senate today passed its version of The American Recovery and Reinvestment Act of 2009 by a vote of 61 to 37, setting the stage for reconciliation of Senate and House versions of the bill and final passage, according to CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services (). (PR Newswire)
