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By Mark Dunn
Accelerating cash flow during a credit crunch
By Alex Vuchnich, CPA, CFE
IRS announces qualified disaster treatment for Chile
The Internal Revenue Service this week issued guidance designating the February earthquake in Chile as a qualified disaster for federal tax purposes.
Citibank apologizes after exposing 600,000 Social Security numbers
Read any good envelopes lately? If you did and you have criminal intent, you might have just won the identity-theft lottery.
Citibank representatives call it a processing error, which doesn’t sound too serious. But for more than half a million Citibank customers who received mail from the credit card company with their Social Security number printed on the outside of the envelope…it was more than a little disturbing.
Here’s what happened
Basketball and income tax: An unlikely pair? Not necessarily
What does it take to get spectators in the seats at a New Jersey Nets basketball game? Evidently the game itself is not enough enticement. With the worst record in the NBA, 6-53, and the worst attendance, promoters for the Nets are trying to hit people where they live. Once they gave free tickets to unemployed fans, along with career advice to those who wanted it. The latest promotion is to give away free state tax preparation by well-known tax professional Roni Deutch.