Maggie Doedtman told Electronic Accountant Week that the deduction started out at 32.5 cents, but was then lowered to 31 cents in March. As long as the clients have records of each trip, it shouldn't be a problem. But for others, some reconstruction may be necessary. Reversing gains from last month, the Electronic Accountant Stock Index took a turn for the worse this week, mimicking downslides in all the major indices by slipping 5.58 percent to 1188.35.
Analysts say investors are also concerned about sharp increases in wholesale prices.
Our 'Web Star' award this week goes to the Bureau of National Affairs.