Archived News for Tax & Accounting Professionals

Many Cubans getting first experience with internet, but it's costly

Cubans lined up this week to try out computers newly wired to the World Wide Web as authorities began offering Internet at more than 100 public access points around the island.

News • June 6th, 2013

Rising property prices has real estate investors on hold

New Survey Finds More Investors Plan to Reduce Purchases and Hold Rentals for Five Years or More

News • June 5th, 2013

US workers' productivity up nominally as labor costs drop

U.S. worker productivity grew a modest amount from January through March after having declined in the previous quarter. Weak productivity growth could boost hiring if consumers and businesses spend more.

News • June 5th, 2013

Will privately-owned homes on Key West Naval base be subject to property tax?

The question of whether houses on military-owned land in Key West are subject to property taxes is headed to a November trial following a Monday hearing in Key West.

News • June 5th, 2013

Missouri Governor vetoes state's tax cut bill

Gov. Jay Nixon has vetoed a broad-based tax cut bill that Missouri lawmakers have hailed as one of their key accomplishments of the 2013 legislative session.

News • June 5th, 2013

$590M Powerball jackpot claimed by 84-year-old

An 84-year-old Florida woman who bought her Powerball ticket after another customer let her get ahead in line came forward Wednesday to claim the $590 million jackpot, becoming the largest sole lottery winner in U.S. history.

News • June 5th, 2013

Growth increasing for professional services firms

U.S. service firms grew at a faster pace in May, driven by a jump in new orders. But a measure of hiring showed companies added fewer jobs.

News • June 5th, 2013

Federal Reserve says economic growth increased in May

A Federal Reserve survey says economic growth increased throughout the United States from April through late-May, fueled by home construction, consumer spending and steady hiring.

News • June 5th, 2013

Ernst & Young study finds that oil and gas producers are building up historic oil reserves

U.S. oil and gas producers, including some in Tulsa, are spending billions to develop historic levels of new reserves despite a downturn in profits due to lower natural gas prices, according to a study released Tuesday by national accounting firm...

News • June 5th, 2013

Small business owners say they don't know if their website is secure

What small businesses don't know about their website can hurt them.

News • June 5th, 2013

Wisconsin for-profit colleges may face new financial standards

Developers seeking city financing for projects that include for-profit colleges will face new standards under a proposal recommended for approval Tuesday by the Milwaukee Common Council's Zoning, Neighborhoods and Development Committee.

News • June 5th, 2013

Oklahoma man gets 6.5 year sentence for ID theft and tax fraud

Oklahoma City resident Daniel Wayne Ausmus, 44, was sentenced to serve 78 months in prison for aggravated identity theft, mail fraud and submitting false claims to the United States.

News • June 4th, 2013

Ex-Calif. Rep. Cunningham finishes prison term

Randy "Duke" Cunningham, whose feats as a Navy flying ace during the Vietnam War catapulted him to a U.S. House career that ended in disgrace when he was convicted of accepting $2.4 million in bribes from defense contractors, on Tuesday completed one...

News • June 4th, 2013

IRS officials enjoyed luxury rooms at conference

The Internal Revenue Service absorbed another blow Tuesday as new details emerged about senior officials enjoying luxury hotel rooms, free drinks and free food at a $4.1 million training conference.

News • June 4th, 2013

Intuit introduces new web-based practice management system for accounting firms

System includes integration with Lacerte and QuickBooks, as well as offering convenient dashboards and filters to help management and staff get full view of engagements and staff productivity.

News • June 4th, 2013

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