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January 9, 2009



Costco 2nd-Qtr Net Rises 35% on Tax Gain, Gas Sales

U.S. March 2 (Bloomberg) -- Costco Wholesale Corp., the largest U.S. warehouse-club retailer, said second-quarter profit rose 35 percent on a tax gain and lower heath-care costs. Read more here.

IRS offers guidance on tax preparer penalties

The U.S. Internal Revenue Service has issued temporary guidance about tax return preparer penalties until the agency completes an overhaul of the regulations later this year.

Read more here

Fuel tax will inflate grocery bill

THE price of groceries will go up after a bill to force up the tax on truckies' fuel passed Parliament.

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