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matsumoto and associates

Client Portals: A Secure Alternative to E-Mail
(Journal of Accountancy) – Sending clients their tax returns via e-mail may soon no longer be an option. Federal and state laws continue to get stricter about maintaining the security of clients’ Social Security numbers.
 
New Homebuyer Credit Form Released; Taxpayers Reminded to Attach Settlement Statement and Other Key Documents
(IRS) – The Internal Revenue Service today released the new form that eligible homebuyers need to claim the first-time homebuyer credit this tax season and announced processing of those tax returns will begin in mid-February. The IRS also announced new documentation requirements to deter fraud related to the first-time homebuyer credit.
 
IMF Chief: Double-Dip a Risk if Stimulus Ends too Early
(FOX Business) – Developed countries may slip back into recession if they abandon strategies deployed to battle the global financial crisis too early, the head of the International Monetary Fund warned on Monday.Recovery in private demand and employment are necessary conditions for governments to begin unwinding policies designed to support their economies, though the right timing depends on specific conditions in each nation, Dominique Strauss-Kahn said.
 
Health Care Reforms Costs Rankle States
(Stateline) – As Democrats in Congress work feverishly to meld separate House and Senate health care bills…state leaders are bracing against the potential costs to states that they say could devastate already battered budgets.
 
Inflation Tame in 2009, But Falling Wages Limit Consumers
(USA Today) – Consumer inflation was tame in 2009, with prices rising 2.7%. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.

カテゴリー : News Update

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