was $34.2 million or 55 cents per diluted share, including $20.6 million or 33 cents per diluted share from discontinued operations, primarily related to the recognition of a previously deferred tax benefit
in the United States, and they accounted for 89% of business tax returns, according to the FFI, which provides education and networking opportunities for family businesses. Also, 62% of the workforce is employed
unemployment taxes, which historically occur in the first few months of a new calendar year.
"The increase from the prior year was due to a slight improvement in the bill to pay rate spread, as well as more
are going unpaid in employee taxes.
... are going unpaid in employee taxes.
While classifying workers as independent contractors rather than putting them on payrolls may seem attractive from a financial standpoint, doing so illegally can
. However, excluding pre-tax charges and income tax expenses, year-over-year earnings from continuing operations for the second quarter 2008 were essentially flat compared to the prior-year quarter. Gross
of Angelo Gordon & Co. for between $11.35 and $11.50 per share (based on earnings before interest, taxes, depreciation and amortization). The new Angelo Gordon & Co. deal is expected to close by Oct. 15.
of $39,000 in the same period of 2005. Revenue fell 8.3% to $18.3 million from $20.0 million in the year-ago quarter. Gross margin slipped to 16.4% from 17.0%. The company said it took a $16.9 million tax
also said it took a $16.9 million tax valuation allowance in the fourth quarter that contributed to the loss. The company had a net loss of $13.3 million in 2006 compared with a net loss of $2.5 million