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Washington Post - AMT Hits In the Middle If the purveyors of tax-preparation software for home computers had been asked to design a law that would maximize their sales, they could hardly have come up with a better idea than the alternative minimum tax. A Credit With

Armed Robber Strikes Westside Convenience Store
El Paso News - The cashier told him that he only had one dollar, and the robber said he'd take it along with some cigarettes. He also took an undisclosed amount of money from the cash register before he fled on foot. The robber is described as a medium built

Taxman will wait no longer
Telluride Daily Planet - The good news for procrastinators is that this year, April 15 falls on April 17. But for those who took the two extra days - made possible because the traditional tax day fell on a Saturday this year - to procrastinate even further, today is crunch

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Lay: Fastow to blame for Enron collapse 
Ken Lay, the founder and former chief of Enron, claimed the collapse of the energy company was primarily due to the actions of jailed ex-finance chief Andrew Fastow.

Pariveda Solutions Selects Tenrox Timesheet to Automate its Time and Billing Process 
Tenrox, the leading provider of workflow-driven timesheet solutions, announced today that Pariveda Solutions has selected Tenrox Timesheet for Time and Billing to automate the company's billing process, consolidate project data, and to gain visibility into project status and performance. Tenrox was selected based on its advanced time and billing capabilities and workflow technology, as well as

Embarrassment for E&Y in China loans report 
Big Four firm Ernst & Young has suffered acute embarrassment in China after it admitted a report it issued on the countrys bad loans was factually erroneous.


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Credit firms' status revoked 
IRS says 41 debt counselors will lose tax-exempt standing The Internal Revenue Service said yesterday that it has revoked or plans to repeal the tax-exempt status of every one of the 41 credit counselors it has audited, saying the nonprofits were largely motivated by profit and failed to provide adequate counseling to debt-laden consumers.

Downtown committee now tax-free 
FERRIDAY At long last, the Ferriday Downtown Revitalization Committee got an identity Wednesday. According to the IRS, we exist, Chairperson Anna Ferguson said.

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Stu Bykofsky | How Mika Valente became a person 
FOR MORE than half his life, Fua-Disala Mika-Mika Valente was a stranger in his own land. Born in 1944 in what was the Belgian Congo to parents who had fled neighboring Angola, Valente was stunned to find the doors to college slammed in his face because he was not a citizen of the Congo, despite having been born there.

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National boycott hits N.M.
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Everett Herald - HOUSTON - Enron Corp. founder Kenneth Lay ignored employees' concerns about accounting integrity in the weeks before the company collapsed in 2001, a prosecutor sought to show Monday. On the third day of cross-examination in his federal fraud and


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Taking advantage of income-restricted miscellaneous deductions 
These catch-all expenses offer another way to cut your tax bill, but only if you have enough of them.

Tax Filing Extension Good News for Procrastinators; Texas CPAs Say 6-MonthExtension Will Help Those Who Need More Time  
The tax clock is ticking, and the countdown to April 17 has begun. If you're one of those Texans in need of more time to file your 2005 tax return, the Texas Society of Certified Public Accountants says you may be in luck.

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Q&A with certified financial planners 
Join us April 23 for a daylong question-and-answer session with certified financial planners from the Financial Planning Association of the Puget Sound.


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Overtaxed on rental property sale 
You have three years from the date you filed the original return to claim a refund on your overpayment, says CPA George Saenz.

India to refund Rs.1.2 billion excise duty to Nepal 
The government of India has decided to refund Rs.1.20 billion excise duty to Nepal, which was imposed on various export goods manufactured in India.

At the IRS, and at other agencies before, Smoter has stayed on the cutting edge 
Those are some sly dogs over there at the Capitol. The government got me through trickery, said Susan Smoter, director of Internet development services at the IRS Electronic Tax Administration. My mother was a government lifer, she said, and I was not going there.

Company buyout: deal or no deal? 
When Don and Marge Thompson were presented with a buyout offer in 2003, they had to think long and hard. "We had a lot of discussion back and forth," says Thompson, 56.

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