Oppenheimer Asset Management, Inc.

  • January 12, 2009

January 12, 2009........Comments by Tom Robinson, President Spooked by the deteriorating employment situation and the judgment of a deepening global recession, the equity markets did not do well last week.

Whitlock Selected One of Best Firms to Work For

  • January 8, 2009

The Whitlock Company, a Springfield-based accounting and professional services firm formerly known as Whitlock, Selim and Keehn, was recognized as one of Accounting Today’s 2008 “Best Places to Work For.”

Proposed Interagency Appraisal and Evaluation Guidelines Issued

  • January 7, 2009

The major federal bank, thrift and credit union regulators issued proposed Interagency Appraisal and Evaluation Guidelines that clarify risk management principles and internal controls for ensuring that financial institutions’ real estate collateral valuations (both appraisals and evaluations) are reliable and support their real estate-related transactions.

Many Taxpayers Stand to Gain From New Laws

  • January 7, 2009

Wealthy Likely to Benefit Most From 2009 Changes; Putting More in Your 401(k) New Year's Day brought relief for most taxpayers, especially upper-income ones -- even as President-elect Barack Obama is proposing new tax cuts as part of his wide-ranging economic-stimulus package

Oppenheimer Asset Management, Inc.

  • January 6, 2009

January 5, 2009.......Comments by Tom Robinson, President I, for one, am glad that the 2008 stock market is over, that it went out with a bang, and that the new year began on a positive note. In 2008, the Dow’s decline matched the fall in 1930, the S&P 1937, and the Nasdaq’s was the worst on record. Thus, the good news last week that all three indexes were up over 6% was a big positive indeed. Even Europe, after an absolutely horrible 2008, advanced almost 6%. The Asian markets were up but only about half that of Europe. The ten-year Treasury sold off sharply on the week. Oil prices rose.

What’s new this tax season on 2008 returns?

  • January 5, 2009

While 2009 holds great promise for new tax relief to help individuals and businesses recover from the current economic crisis, one of the first orders of business for all taxpayers in the New Year is to look back at the tax relief already on the books. Doing so will help you file your 2008 tax return with the lowest bottom-line tax liability possible.

Congress predicted to pass early stimulus bill for Obama to sign

  • January 5, 2009

The new Congress is predicted to act quickly in January to pass stimulus legislation that President Barack Obama to sign when he takes office, according to a tax aide to a Republican member of the Senate. A second round of stimulus checks is unlikely, according to the aide. However, there are proposals for a payroll tax holiday.

Jumpstarting the 2009 tax year

  • January 5, 2009

Happy New Year! As 2009 gets underway, and you prepare for the 2008 filing season, it's important not to overlook a number of valuable tax planning opportunities that apply right away to the 2009 tax year. Here are 10 considerations for tax planning as 2009 starts.

A Quiet Windfall For U.S. Banks

  • December 24, 2008

The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention.