2010 Will Be the Year of the Roth IRA

New tax rules are about to give more people access to a Roth IRA, one of the most effective vehicles in which to accumulate money for retirement or heirs.

US: What’s News:
http://online.wsj.com/article/SB126004888014078557.html?mod=rss_whats_news_us

Reading this on your Blackberry? Try The Wall Street Journal Mobile Reader now by clicking http://www.wsjmobilereader.com.”

Posted by J. Michael Stolp from my Blackberry.

Sarbanes-Oxley on Trial

The hasty 2002 law gets a potent constitutional challenge.

WSJ Opinion:
http://online.wsj.com/article/SB10001424052748704107104574571662869948676.html?mod=rss_opinion_main

Reading this on your Blackberry? Try The Wall Street Journal Mobile Reader now by clicking http://www.wsjmobilereader.com.”

Posted by J. Michael Stolp from my Blackberry.

1099C Found to Be Issued Years After Real Cancellation of Debt Took Place, and IRS Assessment Was Therefore Too Late

In the case of Linkugel v. Commissioner, there was no question Thomas Linkugel’s debt had been forgiven.  However, there was an issue on whether 2006, a year 5 years after foreclosure took on the property, was the year of actual cancellation.  It happened to be the year the lender filed a 1099-C to report it, and based on that the IRS decided Thomas owed tax in 2006.

Build a Resume You Can Be Proud Of

Recruiters go through hundreds of resumes on behalf of their employers, so within a four-second glance, the recruiter will determine if a resume goes in the good pile or if it gets “filed” away. With so little time, you need to make sure your resume stands out and for the right reasons.

Deloitte: Smartphone web usage accelerates

More shoppers use smartphones to study, find, buy

Sharon Bloom regularly receives text-messaged photos of clothes and products her daughters want her to look for while she’s shopping. When she sees an item she likes, she pulls out her Internet-enabled LG Dare phone and sends her two girls pictures. Her phone has helped her find coupons, store locations and restaurants.

http://rss.usatoday.mlogic3g.com/detail.jsp?key=1062275&rc=Money

Posted by J. Michael Stolp from my Blackberry.

Adobe’s Acrobat.com reorganizes, gets mobile app

The company improves its Acrobat service with a new organizer and a mobile app for the iPhone and BlackBerry that lets users access their files on the go. http://news.cnet.com/8301-27076_3-10396931-248.html?part=rss&subj=news&tag=2547-1_3-0-5

Posted by J. Michael Stolp from my Blackberry.

Six Apart releases tiny blog tool, TypePad Micro

TypePad Micro

Blog platform company Six Apart is adding a free, miniaturized blogging service to its paid blog hosting service TypePad. The new TypePad Micro service is essentially a simplified template, called Chroma, for unpaid users on the TypePad service. It will likely be compared with Posterous and Tumblr.

The Chroma template is flexible and attractive, and most of the blogs I’ve seen using it look good. It’s a great format for short posts and for sharing pictures and embedded videos.

via Six Apart releases tiny blog tool, TypePad Micro | Webware – CNET.

— J. Michael Stolp — My Info — See Disclaimer

What book has helped you most in your career and why?

Share your answer to this question by commenting on this blog post, on our LinkedIn group or Facebook page for a chance to win one of two $25 Amazon gift cards.  Deadline is Dec. 31.

If you like reading, please consider joining the ASCPA’s new book club.  The first book is “Never Eat Alone and Other Secrets to Success, One Relationship at a Time.”  Join us on Dec. 16 in person or via conference call to discuss this book.  More information

Mike Daggett elected Vice Chair of NASBA

ASCPA life member, Mike Daggett, has been elected Vice Chair of NASBA, the National Association of State Boards of Accountancy. NASBA’s mission is to enhance the effectiveness of state boards of accountancy.

Sam Fogleman, ASCPA member and president of the Arizona State Board of Accountancy, provided a thoughtful welcome at the NASBA annual meeting. More than 400 people attended this meeting recently held in Phoenix.

Arizona is very fortunate to have experienced and dedicated volunteers like Mike and Sam serving in such important roles.

Motorola Droid Smartphone Review

I’ve been using the Motorola Droid for the past week on the road as my Internet/phone device, picking one up the day after the device first went on sale by Verizon.  The Droid is the first handset to be sold using the Android 2.0 software, and I’m comparing the device to my iPod Touch (essentially an iPhone minus the phone) and a Blackberry Curve I’ve been using.