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This isn't all that out of the ordinary for a recession. Typically, companies ring up tax credits in down years and use the credits to plump up the bottom line when business picks up. But what is turning the run-of-the-mill tax credit into a bonanza this recovery is the huge amount that corporate America has lost in the past two years. Also, stimulus spending has turned around the economy and corporate profits faster than normal for a particularly deep recession. The speedy turnaround in corporate profits, which are expected to soar 60% in the fourth quarter...

Author: /time Magazine | Title: Recession Dividend: A Boom in Corporate Tax Credits | 11/5/2009 | See Source »

...hard to know just how much that $400 billion in losses will end up lowering corporate America's tax bill. Companies are allowed to record tax credits for current losses and use those credits to lower their bill when they return to profitability. If companies have more tax credits than profits, they are allowed to carry those credits forward for up to 20 years or until they are used up. (See 10 ways to spend your tax refund...

Author: /time Magazine | Title: Recession Dividend: A Boom in Corporate Tax Credits | 11/5/2009 | See Source »

...many of your works, you use everyday objects to provide glimpses into earlier times. If someone were to tell the story of your life, what object would they use as a lens...

Author: By BETH E. BRAITERMAN, CONTRIBUTING WRITER | Title: 15 Questions with Laurel Thatcher Ulrich | 11/5/2009 | See Source »

...women. History is one of the primary ways people create a sense of themselves, their identities, and their place in the world. I’ve also come to be more of a scholar partly because I think that’s my calling, if you want to use the Puritan concept...

Author: By BETH E. BRAITERMAN, CONTRIBUTING WRITER | Title: 15 Questions with Laurel Thatcher Ulrich | 11/5/2009 | See Source »

Athletes across this entire spectrum have one thing in common: the use and maintenance of their bodies...

Author: By Justin W. White, CRIMSON STAFF WRITER | Title: Athletes Endure Despite Injuries | 11/5/2009 | See Source »

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