When healthcare reform legislation finally passed, several major corporations quickly moved to modify their earnings report. The claim from AT&T, Caterpillar, and others was that a provision in the law would increase their costs and hurt their profits. Specifically, their concerns involves the expiration of an existing tax break. That tax break has allowed companies … Read more
DECEMBER 23, 2009 This Week in Health Reform Senate Majority Leader Harry Reid (D-NV), may just reach his goal of getting a health care reform package approved by the Senate by Christmas. This past week, Sen. Reid clinched the 60th vote needed to pass the legislation. As of this communication, he has scheduled the final … Read more
That omission translates to a figure somewhere near 5 billion in taxes owed to the U.S. Treasury Department. With a budget deficit in the trillions and rising, the IRS is expected to increase its audits of both personal and business tax returns as well as pursue greater enforced collection action against individuals and businesses using … Read more
Opalesque, the world’s largest subscription-based publisher covering the alternative investment industry, has launched the 32nd issue in a series of regional roundtable forums – the 2010 Opalesque West Coast Roundtable. The 25 page Roundtable publication can be downloaded for free at: http://www.opalesque.com/RT/RoundtableSF2010.html The Western world has run up massive deficits in an effort to … Read more