%20a%20financial%20bank%20holding%20company,%20provides%20various%20banking%20and%20financial%20services%20in%20the%20United%20States.%20It%20generates%20various%20deposit%20products,%20including%20checking%20accounts,%20savings%20accounts,%20money%20market%20savings,%20and%20time%20certificates%20of%20deposit%20accounts.USB%20reported%20today%20a%20net%20income%20of%20$766%20million%20for...){kind=link}
Usb, Ctl, & Taxs: These 5 Stocks Wont Stop Paying You Cash
Recent News: These 5 Stocks Wont Stop Paying You Cash
U.S. Bancorp (NYSE: USB)
a financial bank holding company, provides various banking and financial services in the United States. It generates various deposit products, including checking accounts, savings accounts, money market savings, and time certificates of deposit accounts.
USB reported today a net income of $766 million for the second quarter of 2010, or $.45 per diluted common share. Earnings per diluted common share included a $.05 benefit related to a non-recurring exchange of perpetual preferred stock for outstanding income trust securities during the quarter. Earnings for the second quarter were driven by record total net revenue of $4.5 billion, the result of strong year-over-year growth in both net interest income and fee revenue.
For more information about this company please visit http://www.usbank.com
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CenturyLink, Inc. operates as an integrated communications company. The company provides a range of communications services, including local and long distance voice, wholesale network access, high-speed Internet access, other data services, and video services in the continental United States.Its services include local exchange and long distance voice telephone services, as well as enhanced voice services, such as call forwarding, conference calling, caller identification, selective call ringing, and call waiting; network access services; data services, including high-speed Internet access services, and data transmission services over special circuits and private lines; and fiber transport, competitive local exchange carrier, security monitoring services, other communications, and professional and business information services. The company also offers other related services, such as leasing, selling, installing, and maintaining customer premise telecommunications equipment and wiring; provides billing and collection services to third parties; participates in the publication of local telephone directories; and provides printing, database management, direct mail services, and cable television services. In addition, the company provides network database services, as well as switched digital video services and wireless broadband Internet services.
For More Info Visit: http://www.centurylink.com
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TAXS, TaxMasters (OTC BB:TAXS)
Last Price: $0.61
Latest News:
TaxMasters, Inc. is an IRS tax relief company committed to to helping clients with encounters with debt and tax problems. TAXS has made strong progress this year as the company continues to grow revenue and net income, as well as corresponding shareholder value.
The largest growth driver for TaxMasters has been the increasing number of taxpayers who have issues dealing with the IRS and who are out of tax compliance. The recession and rising unemployment has increased the number of at-risk Americans, those who are most likely to have the severe financial difficulty that causes problems meeting IRS obligations.
Total operating expenses for the first quarter of 2010 were approximately $9.9 million, an increase of 62.9% compared to $6.1 million for the same period in 2009. For the first quarter of 2010, the company reported net income from operations of approximately $1.5 million, an increase of approximately 20% compared to approximately $1.2 million for the same period in 2009.
Our sources are reporting that Treasury inspectors have recently lambasted IRS agents for not effectively finding all the unpaid taxes of sole proprietors. The Treasury inspectors completed a study of correspondence examinations on 2007 tax returns only to find that IRS examiners missed more than $16 million in unpaid taxes on sole proprietors in their limited sample.
It seems the failures lie in the correspondence examination process.
In a face-to-face audits, the IRS process typically uncovers unfiled tax returns and unreported income. But with correspondence examinations, auditors failed to uncover these basic facts. As logic dictates, adding new steps to an already slow correspondence examination process will not speed up revenue collection for the IRS in a time when the tax gap continues to grow and the Treasury faces incredible pressure to generate additional revenue.
TaxMasters, Inc. the IRS tax relief company, is the first publicly traded tax resolution firm in the United States. Started by Patrick R. Cox in 2001, TaxMasters offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TaxMasters leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax issues.
www.txmstr.com/
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