JULY 16, 2001


 
HEADLINES

DID YOU KNOW?
Jet Lag May Cause Brain Shrinkage
Chronic jet lag may actually make your brain shrink. A recent study detailed in the journal Nature Neuroscience compared the size of the temporal lobes in two groups of flight attendants

HEALTH HAPPENINGS
Progress Report on Alzheimer's Disease
While 25 years ago relatively little was known about the processes in the brain that led to Alzheimer's disease (AD), major advances are moving researchers ever closer to solving the AD puzzle.

NATIONAL NOTES
HHS Issues Guidance on Patient Privacy Protection Rules
The Department of Health and Human Services (HHS) has issued the first in a series of guidance materials on new federal privacy protections for medical records and other personal health information.
HHS Will Not Implement MEDS Act Because of Drug Safety Concerns.
HHS Secretary Tommy Thompson has notified members of Congress that the safety of prescription drugs could not be adequately guaranteed if drug re-importation were allowed under the Medicine Equity and Drug Safety Act (MEDS Act).

RESOURCE CORNER
Attention Tax Professionals:  PPC Keeps You Up-to-date
Practitioners Publishing Company (PPC) offers various online resources for the tax professional.

   
Top Site Of The Week:

Young Investors Network

Help your kids (and grandkids) learn the basics of investing and saving.
 This interactive site is great for teens, young adults, and their parents and teachers. 

 Book Of The Week:


 

TAX TID-BITS
Summer Home Qualifies as Personal Resisdence.
The IRS recently ruled that a taxpayer’s vacation home will qualify as a personal residence under 25.2702-5(c)(2).

TRUST TALK
Beware of Mill Trusts
When it comes to trusts, you usually get what you pay for.