Editor's Note
It's always exciting to see new legislation come down the road
that will provide additional opportunities for accountants to
continue to make a living. The new Housing and Economic Recovery Act of 2008 that is awaiting President Bush's
signature promises to befuddle many the taxpayer and, from an
accounting standpoint, that is good news. Whether you agree or
not that it makes sense to take the tax dollars paid by
taxpayers who aren't having financial problems and siphon them
off to people who have gotten themselves into housing messes,
there's no argument that additional tangling of the Tax Code
means more people will be knocking on the doors of their
accountants. Is that why we keep voting for these legislators?
Best regards,
Gail Perry, CPA
Managing Editor
AccountingWEB, Inc.
editor@accountingweb.com
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