Securities


SECURITIES

The SEC issues staff legal bulletin no. 14, Shareholder Proposals, to address issues pertaining to the 1934 Securities Exchange Act’s rule 14a-8, which governs inclusion of such documents in stock issuers’ proxy materials. The bulletin explains how the SEC applies the rule and reviews companies’ requests for “no-action” letters documenting its agreement not to take legal action against companies for a particular activity ( www.sec.gov/interps/legal/cfslb14.htm ).

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.