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March 13, 2010



SOX keeping this top tax expert busy

Having emerged from yet another busy tax season this year, Certified Public Accountant Janet Wong has a clear vision of the top issues plaguing Bay Area businesses: Sarbanes-Oxley compliance and conforming to revised rules promulgated by the Financial Accounting Standards Board (FASB) and Internal Revenue Service (IRS).

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IRS inflation adjustments will ease tax burden slightly in 2007

SAN FRANCISCO (MarketWatch) -- When taxpayers file their 2007 returns, they'll enjoy higher standard deduction and personal exemption amounts, as well as wider tax brackets, thanks to annual inflation adjustments, the Internal Revenue Service announced Thursday. More...

NESTLE MALAYSIA LIFTS YR PRE-TAX PROFIT 8.7 PCT AMID BRISK DEMAND

Retail   Defying an unprecedented jump in the prices of major raw materials, Nestle (Malaysia) Berhad (KLSE:4707) has lifted pre-tax profit 8.7 per cent to RM395.298 million (US$29.9 million) for the financial year ended 31 December 2007 amid brisk demand for its products in domestic and export markets.

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