Acting as the Typhoid Mary of the Global Economy, the OECD Urges Higher Taxes in Latin America
Is it April Fool's Day? Has somebody in Paris hacked the website at the Organization for Economic Cooperation and Development? Have we been transported to a parallel dimension where up is down and black is white?
Fidelity CMO Jim Speros on 'Turn Here' and Consumer Engagement in a Multi-Screen World
Jim Speros, EVP and CMO of Fidelity Investments, had a ringside seat at the dawning of the digital advertising revolution when he lead communications at AT&T in the early Nineties. Now he and his team at Fidelity are engaging consumers with the company?s ?Turn Here? campaign at a time when the financial system is daily news for every generation of consumer. I spoke with Speros in early February after he participated in a panel discussion in Manhattan at the annual Advertising Women of New York (AWNY) ?What?s Hot in Media?? event.
Did You Bet on Super Bowl XLVI?
Even this Eagles girl had to admit that Super Bowl XLVI lived up to its hype? No wonder a record 166.7 million U.S. viewers tuned in to watch Eli Manning and his New York Giants stun defeat Tom Brady and his New England Patriots - and at halftime, they watched Madonna strut awkwardly around a self-indulgent stage with a Neil Simon look-alike wire dancer and rapper M.I.A. It was, according to the record books, the most-watched show in the history of television in the United States.
Tax Trivia Giveaway #7: Bank Secrecy Act
Our next tax trivia question is:
Birthdays For Reagan And Marley, Earnings For Coke, Cisco, Disney
Big day for birthdays and a big week for company earnings.
Don't Be Fooled by Intuit Tax ID Scam
With tax season ramping up, tax scams are on the rise. Scams aren't limited to in person scams; online scammers are in on the action, too. The latest tax-related scams to make the rounds might have landed in your inbox as early as last month but they're still going strong; I received three just this morning.
Dreman Says Keep Your Dollars In The U.S.
Contrarian investor advocates investing in the U.S. rather than looking abroad, despite slow growth.


of most taxpayers. I guarantee you that no contestant would survive if the Fear Factor television show made them undergo a tax audit!

Given this situation, it is hardly surprising that most people view the role of an as the preparation of confusing tax returns. With the advent of tax preparation software programs, many wonder why they need an accountant. More than a few accountants have probably wondered as much also.

There is no disputing the tax preparation software revolution has led to a different role for most accountants. Ironically, this is good for both taxpayers and accountants. No longer does an count on spending time filing out tax returns. Heck, even accountants use software to do this now!

The role of accountants is now to do tax planning for their clients. The best is one that drags you into his or her office once a year to look at your finances and plan a strategy to limit what you will pay the IRS. This should occur at some point during the beginning of the tax year, not a week before your tax returns are due!

Unfortunately, a majority of accountants never took this step since they were to busy preparing the mountain of tax returns the federal and state governments now require. The evolving role of accountants, however, has let them return to the traditional position of coming up with proactive strategies to limit your tax bill. This is more interesting for them and obviously beneficial for you.

Many thought tax software would eliminate much of the need for accountants. Ironically, the changes in their duties has returned them to their traditional role of giving tax planning advice.

Article Source: Articles Beyond Better

Richard A. Chapo is with BusinessTaxRecovery.com - providing information on taxes.

Here are some more accountant articles...