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When It Comes To Tax Time, Who Is A Dependent? (Forbes) - Today is my son's eighth birthday, and naturally, I spent the morning thinking back to the countless ways he's enriched my life. There was that first dependency exemption in 2009. And then that much-needed dependent care credit in 2011... ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES FASB Nears Release of Final Standard on Hedge Accounting (Compliance Week) - a new standard on hedging to the onslaught of accounting changes companies will have to deal with in the next few years as the Financial Accounting Standards Board prepares to issue its third and final new standard dealing with financial instruments. Chinese firm: We're missing $350M after exec's disappearance (CNN Money) - The future is looking pretty sour for a major Chinese dairy firm. China Huishan Dairy says it's missing most of its cash -- about $357 million -- following the disappearance of a top finance executive. The Fed's Evolving Approach to Raising Rates (Bloomberg) - With Mayâs jobs report just one of several signs indicating that the U.S. economy has hit a soft patch, the Federal Reserve may have reasons to be cautious and refrain from increasing interest rates when the Federal Open Market Committee meets next week. Will Accounting Mobility Solutions Oust Auditors? (Accounting Web) - The accounting year is crucial primarily for the entire corporate segment. The accountants spend day and night to work on the details and fill up the formalities without any delay. Accounting/Audit | TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  Massive Waves Hit Oil Rig   |