Archived News for Tax & Accounting Professionals

Sales tax rate in Arkansas rising 0.5% starting July 1

Arkansas residents will soon be paying a bit more sales tax as a result of a ballot initiative for state highway improvements that voters approved last November.

News • June 16th, 2013

California Governor seeks elimination of enterprise-zone tax credits

A battle is raging over a California program that grants businesses tax breaks for creating jobs but prevents the public from knowing who got them and why.

News • June 16th, 2013

Ex-McDonald's worker sues franchise that required fee-based payroll debit cards

She spent her days serving up Happy Meals, but when it came time to get paid, Natalie Gunshannon says a local McDonald's franchisee gave her an unhappy deal.

News • June 15th, 2013

Did bank oversight enable $54M fraud by city controller?

City attorney says that inaction by bank led to the largest municipal theft in U.S. history.

News • June 14th, 2013

Illinois CPA Society announces new president

The Illinois CPA Society (ICPAS) has announced the appointment of Todd Shapiro as its new President and Chief Executive Officer, effective immediately.

News • June 14th, 2013

Hackers hit commercial and U.S. military payroll services

U.S. prosecutors announced fraud and other charges Wednesday against eight alleged members of an international cybercrime ring that the government said hacked into the computers of more than a dozen leading financial institutions and the U.S...

News • June 13th, 2013

More Americans moonlighting with ecommerce jobs

A growing number of U.S. workers are creating a second source of income by starting their own businesses while also working a full or part-time job, a trend known as "moonlighting."

News • June 13th, 2013

Ohio retailers seeing drop in staff, increase in logistics to cut costs

Retail employment in central Ohio is shifting away from stores and toward logistics activities such as trucking and warehousing, a new report on Franklin County retail activity shows. And while employment in the sector continues its decline, the rate...

News • June 13th, 2013

Maine Senate passes bill to require genetically modified foods be labeled

A bill that would require food producers to label products containing genetically-engineered ingredients continued to march forward in the Legislature on Wednesday.

News • June 13th, 2013

Average worker pay in Washington State tops $50k

Workers in Washington state are making more money these days, according to the latest findings from the state Employment Security Department.

News • June 13th, 2013

Oklahoma banks helped Moore school district meet payroll after tornado

After servers that contained payroll data for about 3,000 Moore Public Schools employees were lost in a pile of rubble in the May 20 tornado, it quickly became apparent that the district would be unable to make payroll for teachers who were due a...

News • June 13th, 2013

California considering teacher pay raises, smaller classes

Woodland school leaders want to shrink kindergarten class rosters now jammed with 30 students. Natomas Superintendent Chris Evans wants to add a week of school. And Washington Unified leaders will give raises to teachers in West Sacramento.

News • June 13th, 2013

Kansas governor signs tax bill cutting income taxes

Kansas Gov. Brownback signed a continuation of income tax cuts into law Thursday -- enacting a measure made possible by keeping sales taxes higher.

News • June 13th, 2013

Apple executive denies ebook price-fixing in NY trial

A top Apple Inc. executive described as Steve Jobs' right-hand man took the witness stand at a Manhattan price-fixing trial and denied scheming with major book publishers to drive up the cost of electronic books.

News • June 13th, 2013

Judge rules online cigarette sales are taxable

Ruling clears way for collection of taxes on Internet cigarette sales

News • June 13th, 2013

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