Archived News for Tax & Accounting Professionals

Missouri lawmakers send income tax cut proposal to governor

Whether Missouri individuals and businesses get the first state income tax cut in 90 years is up to Gov. Jay Nixon.

News • May 14th, 2013

Federal Reserve says it is broadening financial monitoring

The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday.

News • May 13th, 2013

Survey: Small business owners say cash flow is at best level in 5 years

U.S. small-business owners became slightly more optimistic in April, with the Wells Fargo/Gallup Small Business Index rising to +16, from +9 in January.

News • May 13th, 2013

Washington reports state sales taxes return to pre-recession levels

Taxes collected from all retail sales grew by 5 percent in Washington state last year, the biggest jump from one year to the next since the recession began in 2008.

News • May 13th, 2013

Fannie Mae reports record profit

Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter.

News • May 13th, 2013

Five tips to improve small business cash flow

With spring in the air, it's time for small business owners to review their balance sheets and find opportunities to improve the life blood of their business: cash flow. "Successful entrepreneurs know that while their business may be profitable, cash...

News • May 13th, 2013

North Carolina gets closer to repealing estate tax

North Carolina's "death tax" has one foot in the grave after a Wilson lawmaker's bill passed the state House on Wednesday.

News • May 13th, 2013

IRS says the focus on conservative groups was mistake limited to one office

The Internal Revenue Service apologized Friday for what it acknowledged was "inappropriate" targeting of conservative political groups during the 2012 election to see if they were violating their tax-exempt status.

News • May 13th, 2013

Senator opposes "tax" on crossing the U.S.-Canadian border

Will there soon be a entry fee charged on Canadians visiting the U.S?

News • May 13th, 2013

U.S. dollar at more than 100 yen, highest in 4 years

The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan's sluggish economy and improved U.S. economic figures.

News • May 13th, 2013

Wells Fargo enhances small business lending and services

Bank, small business lender expands services as annual Small Business Appreciation Celebration begins.

News • May 13th, 2013

NYC mayor Bloomberg announces expanded EITC

New York Mayor Michael R. Bloomberg and a deputy mayor focused on healthcare have announced a pilot program to expand the Earned Income Tax Credit for low-income single workers without dependent children, with the goal of increasing employment and...

News • May 11th, 2013

Tax-exempt organizations face May 15 filing deadline or could lose status

A key deadline of May 15 is facing many tax-exempt organizations that are required by law to file annual reports with the Internal Revenue Service. Organizations will see their federal tax exemptions automatically revoked if they have not filed...

News • May 10th, 2013

International Firm Names New Partner-in-Charge of Pennsylvania Office

WeiserMazars LLP Names Vincent Burke Partner-in-Charge of Pennsylvania Office

News • May 10th, 2013

The Heist 2013: Hackers worldwide take $45 million from ATMs ... in hours

Federal prosecutors in New York announced on Thursday that a group of hackers had figured out how to steal more than $45 million from ATMs in countries around the world, from the United States to the Middle East, Europe and Africa. They were...

News • May 9th, 2013

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