We've looked at, and will continue to look at, major metropolitan markets where we do not have a Federal
Reserve presence and at smaller markets where we do have a presence but where different service models might be more effective," said Gary Stern, chairman of the Reserve Banks' Financial Services Policy Committee and president of the Federal
Reserve Bank of Minneapolis.
For example, adjusted gross income (AGI) must be recalculated for state purposes to reflect AGI as if a Federal
joint return bad been filed.
Hagler said the dispute is a friendly one, and the federal
officials who sat on the commission continue to communicate with commission members but do not vote or attend meetings.
When Congress creates a federal
penalty for actions traditionally prosecuted at the state level, it violates the core constitutional principle of federalism, which prohibits Congress from legislating on local matters.
In Dabit, the Court unanimously ruled that Congress intended all class action lawsuits involving securities listed nationally and traded on a national exchange to proceed in federal
court, where the law is more predictable.
Given the new focus on reporting standards, CPAs who work in or with federal
government agencies should be familiar with these pronouncements.
Contrary to current popular wisdom, much of the federal
program being advanced under the "war on terror" banner cannot pass muster on either constitutional or practical grounds.
The station runs short segments (in distinctive, rat-tat-tat "you give us 22 minutes, we'll give you the world" radio-news ticker style) tailored to bureaucrats, with breaks for commercials similarly targeted to federal
Opponents of optional federal
chartering often cite political and substantive concerns, such as state reluctance to give up tax revenue, effective functioning of state guaranty funds and the need for local market prerogatives.
For this purpose, in 1996, the Coordinating and Advising Agency of the Federal
Government for Information Technology in the Federal
Administration (KBSt) introduced a pilot project--Document Management and Electronic Archiving in computer-assisted business processes (DOMEA)--in the Federal
Ministry of the Interior (Bundesminister des Innern).
The Environmental Protection Agency and the Army Corps of Engineers are in the middle of considering whether to further scale back the federal
regulation of wetlands on account of the Supreme Court's decision in the SWANCC case.
8) In addition, any illegal immigrant possessing a gun or any person knowingly possessing a stolen gun or a gun with an altered or missing serial number may face federal