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	<title>Gray Matters</title>
	
	<link>http://cfo.markbaileyco.com</link>
	<description>Resources for Public Company CFOs and Controllers</description>
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		<title>The Not-So-Great Smaller Reporting Company Fair Value Debate</title>
		<link>http://feedproxy.google.com/~r/CFOGrayMatters/~3/LFYxH6rw8fI/</link>
		<comments>http://cfo.markbaileyco.com/uncategorized/the-not-so-great-smaller-reporting-company-fair-value-debate/#comments</comments>
		<pubDate>Thu, 22 Apr 2010 21:11:05 +0000</pubDate>
		<dc:creator>Marty Weigel</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[debt with equity]]></category>
		<category><![CDATA[equity]]></category>
		<category><![CDATA[Fair Value]]></category>
		<category><![CDATA[SFAS 157]]></category>
		<category><![CDATA[SFAS 159]]></category>
		<category><![CDATA[smaller reporting company]]></category>

		<guid isPermaLink="false">http://cfo.markbaileyco.com/?p=393</guid>
		
			<content:encoded><![CDATA[My favorite question from clients that doesn&#8217;t appear to have a good answer, despite what we generally tell them, is &#8220;How do we account for this note payable that we just issued along...<br/>
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		<title>Why You Shouldn’t Kill Your Rich Uncle Just Yet: Things You May Not Know About the Estate Tax Repeal</title>
		<link>http://feedproxy.google.com/~r/CFOGrayMatters/~3/2P4RrW5dKc0/</link>
		<comments>http://cfo.markbaileyco.com/tax/why-you-shouldnt-kill-your-rich-uncle-just-yet-things-you-may-not-know-about-the-estate-tax-repeal/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 17:17:49 +0000</pubDate>
		<dc:creator>Sonja Pippin</dc:creator>
				<category><![CDATA[Doctor Is In]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[death tax]]></category>
		<category><![CDATA[estate tax repeal]]></category>
		<category><![CDATA[income and wealth inequality]]></category>
		<category><![CDATA[marginal tax rate]]></category>
		<category><![CDATA[marginal tax rates]]></category>
		<category><![CDATA[one-year repeal]]></category>
		<category><![CDATA[policy incentives]]></category>
		<category><![CDATA[tax liability]]></category>
		<category><![CDATA[taxable estate]]></category>
		<category><![CDATA[taxpayers]]></category>
		<category><![CDATA[top marginal tax rate]]></category>
		<category><![CDATA[zero liability]]></category>

		<guid isPermaLink="false">http://cfo.markbaileyco.com/?p=432</guid>
		
			<content:encoded><![CDATA[The day is finally here. After hearing about it for the past nine years, the estate tax is repealed as of January 1, 2010. Yet, many questions remain. For example, one may wonder what will happen...<br/>
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		<item>
		<title>Would SOX 404(b) Have Protected Koss?</title>
		<link>http://feedproxy.google.com/~r/CFOGrayMatters/~3/elS4CJky2CM/</link>
		<comments>http://cfo.markbaileyco.com/accounting/would-sox-404b-have-protected-koss/#comments</comments>
		<pubDate>Sun, 10 Jan 2010 21:29:49 +0000</pubDate>
		<dc:creator>Mark Bailey</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Board Corner]]></category>
		<category><![CDATA[Directors Corner]]></category>
		<category><![CDATA[SEC Compliance]]></category>
		<category><![CDATA[31 million]]></category>
		<category><![CDATA[accounting officer]]></category>
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		<category><![CDATA[fraud audits]]></category>
		<category><![CDATA[intentional fraud]]></category>
		<category><![CDATA[internal control systems]]></category>
		<category><![CDATA[issuers]]></category>
		<category><![CDATA[material weaknesses]]></category>
		<category><![CDATA[materiality]]></category>
		<category><![CDATA[national audit]]></category>
		<category><![CDATA[professional fees]]></category>
		<category><![CDATA[proxy statement]]></category>

		<guid isPermaLink="false">http://cfo.markbaileyco.com/?p=420</guid>
		
			<content:encoded><![CDATA[Last week Koss, the manufacturer of high quality head phones, disclosed that their principal accounting officer had embezzled between $4.5 million and $31 million between 2005 and December, 2009. The...<br/>
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		<item>
		<title>Say Goodbye to the Bonus</title>
		<link>http://feedproxy.google.com/~r/CFOGrayMatters/~3/GDfIxt5oVv0/</link>
		<comments>http://cfo.markbaileyco.com/tax/say-goodbye-to-the-bonus/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 20:02:56 +0000</pubDate>
		<dc:creator>Julia Kingston</dc:creator>
				<category><![CDATA[Tax]]></category>
		<category><![CDATA[bonus]]></category>
		<category><![CDATA[deductions]]></category>
		<category><![CDATA[IRS]]></category>

		<guid isPermaLink="false">http://cfo.markbaileyco.com/?p=404</guid>
		
			<content:encoded><![CDATA[Accrual basis taxpayers are generally permitted to deduct accrued compensation if it&#8217;s paid out within 2 1/2 months after year end.  In a recent Chief Counsel Advice, the IRS announced that...<br/>
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		<title>Tax Help for All Businesses Great and Small</title>
		<link>http://feedproxy.google.com/~r/CFOGrayMatters/~3/I1xRWKNcW7k/</link>
		<comments>http://cfo.markbaileyco.com/tax/tax-help-for-all-businesses-great-and-small/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 16:29:17 +0000</pubDate>
		<dc:creator>Julia Kingston</dc:creator>
				<category><![CDATA[Tax]]></category>
		<category><![CDATA[economic stabilization act]]></category>
		<category><![CDATA[economic times]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[Net Operating Losses]]></category>
		<category><![CDATA[NOL]]></category>
		<category><![CDATA[qualifying small businesses]]></category>
		<category><![CDATA[tax benefit]]></category>
		<category><![CDATA[tax help]]></category>

		<guid isPermaLink="false">http://cfo.markbaileyco.com/?p=379</guid>
		
			<content:encoded><![CDATA[In February the normal two year carryback period for Net Operating Losses (NOL&#8217;s) was extended to 3, 4 or 5 years for electing small businesses. Earlier this month, the 3, 4 or 5 year NOL...<br/>
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