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Financial Leadership Forum


Headlines

Filing Extensions Changing for Some Business Taxpayers Later this Year

The Internal Revenue Service announced a change in the extended due date on certain business returns to help individuals better meet their filing obligations. The change, which reduces the extension period from six to five months, eases the burden on taxpayers who must report information from Schedules K-1 and similar documents on their individual tax returns.
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IRS Increases Milage Rates

Due to rising gas prices, the IRS has increased the mileage rate by eight cents to 58.5 cents a mile for all business miles driven from July 1 through Dec. 31, 2008.


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XBRL: It's Coming

From the July issue of California CPA magazine:  As more and more companies adopt XBRL as a means of creating and submitting financial statements, it is increasingly important that Forum members be up to speed on the latest advancements.

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Upcoming Forum Events

California Economic Update with Beacon Economics
Learn what 2008 has in store—including how economic issues such as the mortgage crisis will affect the state and businesses.
July 22–webcast
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About The Forum

The Financial Leadership Forum is committed to ethical responsibility, excellence, strategic innovation and best practices in financial and business management. The Forum supports financial leaders and executives through powerful advocacy, thought leadership, executive education and essential resources.

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Membership Criteria

Membership is open to business and finance professionals who are CalCPA members. For professionals who are not yet CalCPA members, please visit www.calcpa.org/join.