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 Timely Opportunities  
New Law Provides Two Important Business Tax Breaks  
By now, you've probably heard about the new federal law that will be providing tax rebates to qualified individuals, beginning in May. But the Economic Stimulus Act also includes valuable new tax breaks for businesses on qualifying equipment and vehicles that they purchase. Click "Full Article" to find out which businesses are eligible, how much they can claim and what type of assets qualify.  

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 Business Tax  
Shave Payroll Costs for Shared Employees  
Do you operate two or more corporations that share some employees?
By using this little-known technique, you can save on Social Security tax.  

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 Personal Tax  
Tax Court Tightens Exception for Education Withdrawals  
In general, you can't take early distributions
from your IRA without paying a penalty. But there are exceptions. For example, you can take out money to pay "qualified higher education expenses." Does a personal computer used by a college student qualify? Find out how the Tax Court ruled on that question by clicking "Full Article." 

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 Latest Business Headlines  
A&L writedown hits profits, funding costs jump
news.yahoo.com - Wed, 20 Feb 2008 09:44:14 GMT

Dhoni emerges highest paid player in IPL bidding
livemint.com - Wed, 20 Feb 2008 09:43:32 GMT

Anglo American FY07 Profit Up 18% On Strong Operational Results - Update [AAUK]
rttnews.com - Wed, 20 Feb 2008 09:43:04 GMT

Paramount Airways to start international operations
ndtv.com - Wed, 20 Feb 2008 09:40:14 GMT

$99.99 call plan quickly matched
thenewstribune.com - Wed, 20 Feb 2008 09:38:17 GMT

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