IRS lives up to Y2K promise with one year deduction
The IRS says businesses may deduct Y2K repair or conversion costs in a single year rather than three, easing cash flow but leaving ambiguity on which costs qualify. Experts warn the line between improving software and converting it is often blurred, with widespread impact feared on payroll and data systems globally.
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Washington
IRS
Internal Revenue Service
Hannah Carvey
America
United States
Poll details age income among Clinton backers
A CNN USA Today Gallup poll shows older citizens, those with less schooling, and low earners are more likely to believe Clinton’s denials of an affair with Monica Lewinsky. About 20 percent believe the denials, while many groups remain skeptical, yet overall job approval stays near or above 60 percent.
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Washington
Clinton
Monica Lewinsky
White House
Grand Jury
Lewinsky
CNN
USA Today
Gallup
Paula Jones
Jones
Mary Jane Inserra
San Pablo
Calif
Kenneth Starr
Geoffrey Garin
Fox News
Opinion Dynamics
Pew Research Center For the People & the Press
Surprise Birthday Cheer for Clinton at White House Lawn
President Clinton marked an early 52nd birthday with cake and tea as Hillary Rodham Clinton and aides hosted a private lawn celebration outside the Oval Office. The Marine Band performed while gifts included a donation to the I Have a Dream Foundation and volunteers pledges.
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Washington
Country
Clinton
Hillary Rodham Clinton
White House
Marine Band
Oval Office
Mike McCurry
McCurry
Buddy
Dog
Socks
NationsBank BankAmerica merger clears with 17 branch divestitures
The Justice Department approved the 57.3 billion NationsBank BankAmerica merger creating the largest U S bank with 4900 branches and 15000 ATMs in 22 states. It will be renamed BankAmerica, HQ in Charlotte, with NM branch divestitures to maintain competition.
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Washington
Justice Department
NationsBank
BankAmerica
New Mexico
Antitrust
Charlotte
N.C
San Francisco
Citigroup
Chase Manhattan Corp
U.S
Joel I. Klein
Albuquerque
Clovis
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