Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
About Us
Monthly Archives: February 2012
The Dow Jones industrial average closed above 13,000 for the first time since 2008
http://abcnews.go.com/blogs/business/2012/02/dow-closes-over-13000/
Posted in Uncategorized
Comments Off
Who’s eligible for domestic production deduction in contract manufacturing situations?
IRS’s Large Business & International Division recently issued guidance for examiners seeking to determine which taxpayer in a contract manufacturing situation has the benefits and burdens of ownership for purposes of the Code Sec. 199 domestic production activities deduction.
Posted in Uncategorized
Comments Off
Obama signs payroll tax cut extension into law
Read article: http://www.washingtonpost.com/business/economy/obama-signs-payroll-tax-cut-extension-into-law-includes-jobless-benefits/2012/02/22/gIQArSaAUR_story.html.
Posted in Uncategorized
Comments Off
February Tax Alert – Issue 2
What’s New: Extension of Popular Federal Incentives Omitted From Last Serious Pre-Election Legislation Potential Impact: High. HR 3630, the Temporary Payroll Tax Cut Continuation Act of 2011, was passed by Congress on February 17, 2012 and is expected to be … Continue reading
Posted in Tax Alerts
Comments Off
49ers Football Coming to Santa Clara Beginning August 2014!
http://www.huffingtonpost.com/2012/02/15/49ers-moving-to-santa-clara-stadium_n_1280504.html
Posted in Uncategorized
Comments Off
Important federal incentives (R&D Credit/100% Bonus Deprec) not likely to receive extension during 2011
http://finance.yahoo.com/news/business-tax-breaks-boot-payroll-101300201.html
Posted in Uncategorized
Comments Off
Annual Letter to Clients, Colleagues, & Associates
FOR IMMEDIATE RELEASE Contact: Shamen R. Dugger, Esq, CPA Shamen@cliftondouglas.com 84 South First Street, Third Floor San Jose, California 95113 Phone: 408-293-2401 Clifton Douglas Releases Annual Letter to Clients, Colleagues, and Associates San Jose, CA — February 16, 2012 — … Continue reading
Posted in Press Releases
Comments Off
U.S. District Court Denies Taxpayer Sampling to Ease Research Credit Substantiation Burden
In refund suit involving Code Sec. 41 credits for qualified research expenses (QREs), amended statistical sampling motion which taxpayer/multinational health and science corp. brought in response to allegedly unduly burdensome govt. discovery request, requesting that taxpayer identify each business component … Continue reading
Posted in Uncategorized
Comments Off
Deal reportedly reached to extend payroll tax cut
It’s been reported that a tentative deal has been reached to extend the payroll tax cut through the end of 2012. The deal also would extend unemployment insurance, and implement the “doc-fix” (which prevents Medicare reimbursement rates to doctors from … Continue reading
Posted in Uncategorized
Comments Off
FinCEN gives certain investment advisor employees and officers even more time to file FBARs
Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced in a Notice that certain employees and officers of an investment advisor with only signature authority over certain foreign financial accounts, who are required to file Form TD F 90-22.1, Report of … Continue reading
Posted in Uncategorized
Comments Off
