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Friday, July 22, 2011

Drexler’s next book: Radical Abundance, 2012

This just in from nanotech pioneer  Dr. Eric Drexler: “I’m now working on a new book, Radical Abundance, scheduled for publication in 2012 by Public Affairs. The book has a wide scope in both its content and intended audience, addressing scientists, a general reading audience, and thought leaders in the policy arena.”

http://www.kurzweilai.net/drexlers-next-book-radical-abundance-2012?utm_source=KurzweilAI+Daily+Newsletter&utm_campaign=b5f9d3ac79-UA-946742-1&utm_medium=email

Wednesday, July 20, 2011

IRS Discontinues High-Low Method for Substantiating Travel Expenses

JULY 19, 2011
On Tuesday, the IRS announced that it is discontinuing the high-low method for substantiating lodging, meal and incidental expenses incurred in traveling away from home (Announcement 2011-42). Last year, the IRS asked for comments on whether the high-low method was still needed, and it received no comments.


http://www.journalofaccountancy.com/Web/20114371.htm

Residential housing reaches bottom?

Housing starts have been incredibly weak for the past 2 1/2 years, much weaker than at any time since records were first kept beginning back in 1959.

http://scottgrannis.blogspot.com/2011/07/2-12-year-bottom-in-housing-starts.html

Tuesday, July 05, 2011

'Temporary' FUTA Surtax Expires after 35 Years

WASHINGTON, D.C. (JUNE 30, 2011)

BY MICHAEL COHN, ACCOUNTING TODAY
The Federal Unemployment Tax Act surtax is set to expire Thursday after House Republicans refused to extend the 35-year-old “temporary” unemployment surtax.


http://www.accountingtoday.com/news/Temporary-FUTA-Surtax-Expires-35-Years-59061-1.html?ET=webcpa:e1582:85046a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_070111