Inevitably when the price of gas rises, drivers cry foul and the call comes to govern­ments to alleviate the pain, in the form of reducing taxes on gas. However, the idea that govern­ments should lower taxes on gas in response to globally increasing demand outstripping an increas­ingly unstable supply is a misguided approach that treats […]

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Nortel released their 2005 finan­cials Friday and completed more restate­ments of prior years’ results. The restate­ments related to revenue recog­nition and decreased revenues and net income because the revenue should’ve been booked in different periods. Maybe this will mark a turning point for the Canadian commu­ni­ca­tions equipment company and they can retain (or regain) their […]

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I celebrated the end of accoun­tants’ busy season last night with our firm’s annual “tax party”, which was held at a local watering hole and we had an entire section reserved for us. Free drinks and free food, it was a heck of a night. Great way to celebrate a job well done from January […]

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Corel began trading on the Nasdaq Wednesday, April 26 and finished down 2.1% from its IPO price of $16 per share. Corel was bought by Vector Capital in 2003, which took it private before offering it publicly again recently. They own 72% after the recent offering. Corel makes CorelDraw and WordPerfect of course (now called […]

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FeedBurner have just announced a new automated feature for adver­tisers to join their ad network, greatly stream­lining the entire process.

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