Friday, October 19, 2007

Poker Tournament Winnings Must be Reported to the IRS

Poker Tournament Winnings Must be Reported to the IRS: "Starting next year, casinos and other sponsors of poker tournaments will be required to report most winnings to winners and the Internal Revenue Service, according to the IRS"

6000 Gymboree Toy Swords Recalled Due to Breakage and Laceration Hazard

6000 Gymboree Toy Swords Recalled Due to Breakage and Laceration Hazard: "The swords can break, creating a sharp point, which poses a laceration hazard to consumers."

FTC Stops Coffee Shop Franchisors From Using Inadequate Disclosure Documents

FTC Stops Coffee Shop Franchisors From Using Inadequate Disclosure Documents: "According to the FTC, Barista’s and Friends, Inc. sold at least 18 franchises for $40,000 each. For the fee, the franchisees got the right to use the Barista’s trade name and sell their authorized products. The FTC charged that the disclosure documents that defendants furnished to prospective franchisees lacked many of the items of information required by the Franchise Rule, including: "

Thursday, October 18, 2007

Are There Really Vampire Bats?

Are There Really Vampire Bats?: "Yes. Of the three species of vampires in North America, only a single specimen has been recorded for the United States, in southwest Texas. Despite ghoulish urban legend, vampires do not suck blood - they make a small incision with their sharp front teeth and lap up the blood with their tongue. Vampires in Mexico and South America feed on the blood of livestock such as cattle and horses, as well as deer, wild pigs and even seals."

Sony Announces New 40GB Playstation 3 -Price Reduction Of Current 80GB Model

Sony Announces New 40GB Playstation 3 -Price Reduction Of Current 80GB Model: "Sony Computer Entertainment America Inc. (SCEA) today announced plans to introduce a new 40GB model of its PLAYSTATION®3 (PS3™) computer entertainment system. Beginning November 2nd, to further enhance the HD entertainment experience, the new 40GB PS3 model will come bundled with the blockbuster movie Spider-Man™ 3 Blu-ray Disc™ (BD) from Sony Pictures Home Entertainment, and will be available in North America for a suggested retail price of $399 (USD/CND). The company also announced that effective immediately, the current 80GB PS3 model will be available in North America for $499 (USD/CND), $100 below the original launch price"

Free Nonprofit Seminars for California Nonprofits

Free Nonprofit Seminars for California Nonprofits: "Nonprofit Seminars - Free seminars to discuss tax laws, exemptions, and reporting requirements as they apply to non-profit and exempt organizations"

Governor Schwarzenegger Signs Legislation to Crackdown on DUI and Underage Drinking

Governor Schwarzenegger Signs Legislation to Crackdown on DUI and Underage Drinking: "Governor Schwarzenegger has signed legislation to crackdown on DUI offenders and to prevent minors from getting alcohol. The five bills recently signed into law strengthen current DUI laws to discourage drunk drivers from getting behind the wheel and to increase penalties for underage drinking violations and the manufacturing of fraudulent ID’s. "

Substance Abuse on an Average Day In The Life Of American Adolescents

Substance Abuse on an Average Day In The Life Of American Adolescents: "Number of Adolescents Using Marijuana on an Average Day Vastly Exceeds Half of the Number of All Students Registered in New York City Schools "

IRS Announces Pension Plan Limitations for 2008

IRS Announces Pension Plan Limitations for 2008: "The Internal Revenue Service today announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2008."

New Yoda Stamp to Be Dedicated Oct. 25

New Yoda Stamp to Be Dedicated Oct. 25: "Since this event is just six days before Halloween, stamp enthusiasts and Star Wars fans alike are encouraged to dress up as their favorite character from the Star Wars saga. "

Wednesday, October 17, 2007

IRS Warns Taxpayers About Certain Trust Arrangements Sold As Welfare Benefit Funds

WASHINGTON- The Internal Revenue Service and the Treasury Department cautioned taxpayers about participating in certain trust arrangements being sold to professional corporations and other small businesses as welfare benefit funds and identified some of the arrangements as listed transactions. IRS Warns Taxpayers About Certain Trust Arrangements Sold As Welfare Benefit Funds

Consumer Credit Limitations for Military Service Members and Dependents - Limits interest to 36 percent MAPR

The rule applies to all persons engaged in the business of extending consumer credit and their assignees. The final rule applies to consumer credit, which the DoD defines as payday loans, vehicle title loans and tax refund anticipation loans that meet specific parameters. For these defined transactions with covered borrowers (covered transactions), the DoD rule. Consumer Credit Limitations for Military Service Members and Dependents - Limits interest to 36 percent MAPR

Updated Minimum Wage Posters Now Available

The Department of Labor has updated minimum wage posters available. Updated Minimum Wage Posters Now Available

Tuesday, October 16, 2007

Nation's First Baby Boomer Files for Social Security Retirement Benefits Online

Nation's First Baby Boomer Files for Social Security Retirement Benefits Online: "the nation's first Baby Boomer, Kathleen Casey-Kirschling, today filed for her Social Security retirement benefits online at www.socialsecurity.gov. Ms. Casey-Kirschling, who was born one second after midnight on January 1, 1946, will be eligible for benefits beginning January 2008."

CDC Update: Mother-to-Child (Perinatal) HIV Transmission and Prevention

CDC Update: Mother-to-Child (Perinatal) HIV Transmission and Prevention: "HIV transmission from mother to child during pregnancy, labor and delivery, or breastfeeding is called perinatal transmission. "

What's New : Men Who Have Sex with Men: HIV Risk Factors among MSM Podcast

What's New : Men Who Have Sex with Men: HIV Risk Factors among MSM Podcast: "Patrick Sullivan, Duncan Mackeller and Beryl Koblin discuss rates of HIV among MSM and how the profile of the epidemic has changed over time, as well as major predictors of HIV infection and the impact of not knowing one's HIV status. Greg Millett discusses HIV risk among black MSM, Rafael Diaz and George Ayala discuss Latino MSM, and a community organization in Atlanta shares lessons learned in HIV prevention for young MSM."

Foreclosure Prevention Initiatives Helping Families Keep Their Homes

Foreclosure Prevention Initiatives Helping Families Keep Their Homes: "Families with an otherwise strong credit history, but in default because of the reset in their mortgage rate, can get help through FHASecure. These are people who would have lost their homes without efforts to provide affordable refinancing options,' Jackson added"

SBA Loans Help Homeowners and Renters Get Back In Business

SBA Loans Help Homeowners and Renters Get Back In Business: "Don't let the word business in the name U.S. Small Business Administration (SBA) fool you. For homeowners and renters, the SBA is your primary source of federal funds for long-term recovery."

Monday, October 15, 2007

Top Ten 2008 2008 Vehicles Fuel Economy Ratings

Top Ten 2008 Vehicles Fuel Economy Ratings Find out the best the worst 2008 vehicles' fuel economy ratings.

Mold Can Be a Problem Long After Floodwaters Recede

It is common for mold problems to appear five to six weeks after a flood, but Federal Emergency Management Agency (FEMA) and Illinois Emergency Management Agency (IEMA) officials say you can take steps to combat mold growth and its potential to cause serious health problems and structural damage to homes. Mold Can Be a Problem Long After Floodwaters Recede

Financial Fraud: Nortel Networks Pays $35 Million to Settle Financial Fraud Charges

Washington, D.C., Oct. 15, 2007 - The Securities and Exchange Commission today filed civil fraud charges against Nortel Networks Corporation and its principal operating subsidiary Nortel Networks Limited (Nortel) alleging that Nortel engaged in accounting fraud from 2000 through 2003 to close gaps between its true performance, its internal targets and Wall Street expectations. Nortel is a Canadian manufacturer of telecommunications equipment.
Financial Fraud: Nortel Networks Pays $35 Million to Settle Financial Fraud Charges