The straight line

We are all painfully aware of the collapse of the financial markets. Sub-prime lending and derivatives have been largely blamed for the failure of the insurance companies, investment companies and financial institutions. Confidence in banks has diminished considerably.

All companies should include strategic technology plans as part of their overall business plans. This helps balance the need for new technology now and in the future.

Our firm’s position has not changed in the last year. We are still encouraging our clients to make the appropriate tax filings (990-T) to comply with Internal Revenue Code Sections 511-513.

As 2008 draws into the home stretch, we at Gardiner Thomsen wanted to review some major new tax and reporting issues with you. There have been several exciting new changes and credits that have recently been enacted and we want to encourage you to take advantage of these benefits.

Here are ten excellent tools and practices for improving your audit committee performance, and to help take it to the next level.

The Economic Stimulus Act of 2008 includes two valuable changes that allow much faster depreciation deductions for business assets.