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Thursday, October 16, 2008

IRS law changes

Our grandson, Nathan, is studying and Mesa State University in preparation to become a CPA. This fall he began a course in IRS law. At the beginning of class his instructor gave each student a huge packet of material written in fine print. The students were amazed at all the material and wondered what it was for. The instructor said, "These are the law changes that came about as a result of the $700 billion bailout." Anyone dealing with the IRS will have to be familiar with this entire new body of law! 

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