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President’s 2011 Budget Includes Payroll Items
(CCH) – The President has released the proposed budget for fiscal year 2011. There are several payroll-related items highlighted below:
Unemployment Taxes Slam Businesses
( — Employers are getting hit with a massive tax hike at a time when they can least afford it.
Toyota Recalls 437,000 Priuses, Hybrids Globally
(TOKYO) – Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world’s largest automaker.
Spreadsheets and Banking Fee Deductions
(CFO) – Determining whether “success-based” banking fees are deductible in M&A transactions takes some patience. But in a hypothetical case, the IRS ruled on how to treat the work of an accounting firm that was not directly involved in the deal.
Under Fire, NY governor Paterson Says Hes Not Resigning
(Reuters) – New York Governor David Paterson on Monday restated his intention to run for governor and denied rumors he might resign over potentially scandalous allegations in a forthcoming news report that fueled new speculation about his political future.

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