Archived News for Tax & Accounting Professionals

Which College Degrees Pay the Most? 2013 Rankings

NACE’s April 2013 Salary Survey offers stats on starting salaries for the Class of 2013.

News • May 5th, 2013

Half of retailers in NYC selling bootleg cigarettes

The effectiveness of sin tax strategies like cigarette taxes is being undercut in New York City by light penalties for merchants caught selling cheap cigarettes smuggled in from low-tax states.

News • May 5th, 2013

Economy getting lift from jobs and energy sector

A stronger-than-expected April rebound in job creation and recent dramatic discoveries of vast U.S. oil and gas reserves are helping to lift the American economy out its long funk.

News • May 5th, 2013

Money Laundering Gets Anti-Tax, Anti-Government Protester 8 Years in Prison

A member of an anti-government movement known as the "Sovereign Movement," has been sentenced to 98 months in prison, followed by three years of supervised release, for his role in a money laundering conspiracy.

News • May 5th, 2013

Social Media and Shopping: Movement Focuses on Promoting Small Businesses

53% of Consumers Prefer to Shop At Small Businesses, Says Survey

News • May 5th, 2013

Inflation adjustment raises IRS-allowed Health Savings Plan account limits

The IRS has released the 2014 inflation-adjusted amounts for health savings accounts (HSAs) in Rev. Proc. 2013-25.

News • May 5th, 2013

Cloud Accounting Company Makes Top 100 Private Companies List

Cloud Financial Management and Accounting Software Leader Selected for the AlwaysOn OnDemand 100 List for Fourth Straight Year

News • May 3rd, 2013

IRS missing more offshore taxes than it's collecting

In a recently released report to Congress, the U.S. Government Accountability Office (GAO) says that while the IRS has collected billions of dollars from offshore tax evasion, it may be missing even more.

News • May 3rd, 2013

New Jersey's $1.8 billion Sandy recovery plan gets approval

Shaun Donovan, the U.S. Department of Housing and Urban Development secretary, joined Gov. Chris Christie on Monday to announce federal approval of the state's plan to spend $1.8 billion to rebuild after superstorm Sandy.

News • May 3rd, 2013

AP: Consumer confidence rises with upbeat jobs outlook

Americans' confidence in the economy jumped this month, helped by a better outlook for the job market and expectations for higher pay.

News • May 3rd, 2013

Manufacturing Growth Continues with 4.8% Increase

Economic growth is expected to continue in the United States throughout the remainder of 2013, say the nation's purchasing and supply executives in their spring 2013 Semiannual Economic Forecast.

News • May 3rd, 2013

Housing market jumps with prices up 9.3 percent

U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.

News • May 2nd, 2013

$520M Shortfall for Pennsylvania Budget

An estimate released Wednesday by the state's Independent Fiscal Office shows a $520 million shortfall between projected general fund revenues and Gov. Tom Corbett's proposed budget through the end of the next fiscal year.

News • May 2nd, 2013

Many Part-Time Workers Getting Fewer Hours Due to Health Care Act

The law requires large employers offering health insurance to include part-time employees working 30 hours a week or more. But rather than provide healthcare to more workers, a growing number of employers are cutting back employee hours instead.

News • May 2nd, 2013

Unemployment Claims At Lowest Level Since 2008

The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.

News • May 2nd, 2013

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