Archived News for Tax & Accounting Professionals

Americans willing to raise payroll taxes to save Social Security

Even though wage earning taxpayers are already paying an extra 2 percent this year after the expiration of the payroll tax cut, a new survey shows that Americans are willing to pay more to preseve Social Security.

News • January 31st, 2013

Forensic accounting detects $100k embezzlement: Charges filed

The former manager of a Richland Township, Pennsylvania, business was ordered to stand trial on charges that he embezzled more than $100,000 during a five-year period.

News • January 31st, 2013

Accounting Relief Receives Significant Enhancements

AccountantsWorld, provider of cloud-based solutions, training and information resources for accounting professionals, recently announced a major update to its cloud-based Accounting Relief solution.

News • January 31st, 2013

H&R Block loses court case to get TurboTax ads blocked in Missouri

Earlier this week, the U.S. District Court for the Western District of Missouri denied an attempt by tax preparation chain H&R Block to stop Intuit from continuing to air two TV commercials for TurboTax.

News • January 30th, 2013

Small Biz Administration details how it will use Sandy disaster aid funds

Since Hurricane Sandy struck the East Coast last October, the U.S. Small Business Administration has approved more than $1.1 billion in disaster loans. The funds were made available to nearly 17,000 residents and businesses in the states declared...

News • January 30th, 2013

Utica College to offer MBA in Professional Accounting starting this fall

MBA program is intended to meet the growing demand for professional accountants.

News • January 30th, 2013

Aplos Software Offers Free Accounting Software To New Nonprofits and Churches

Aplos Software, LLC has announced a program that offers nonprofits that were founded in the past 12 months a free six-month subscription to their simple nonprofit accounting software, Aplos Accounting. The free resource for new nonprofits is available...

News • January 30th, 2013

Thomson Reuters Hosts One Million Portals and Counting

The Tax & Accounting business of Thomson Reuters announced today that it has implemented more than one million portals for staff and clients of accounting firms.

News • January 30th, 2013

Accounting firms Metis Group and Prager & Fenton combine

Prager and Fenton LLP and Metis Group LLC, have combined their expertise to form Prager Metis International LLC. This combination, effective from January 1, joins two firms who found their deep-rooted practices to be philosophically and culturally...

News • January 30th, 2013

January jobs report shows increased hiring in U.S.; Mostly at small businesses

The latest jobs survey by payroll and benefits company ADP shows that January hiring by businesses in the U.S. increased over December by 192,000 jobs.

News • January 30th, 2013

Maryland bookkeeper guilty of $150K embezzlement, tax fraud

A Maryland bookkeeper was sentenced to more than a year in prison for embezzling from a client and not reporting income on her personal tax returns. The federal charges also included interstate transportation of stolen money.

News • January 30th, 2013

Pennsylvania political insider charged with underreporting business and personal income

A childhood friend and business partner of Democratic State Rep. William F. Keller whose Philadelphia sporting goods shop sold campaign T-shirts, hats, and other products to local and national politicians was indicted Tuesday on federal charges that...

News • January 30th, 2013

Former PTA president charged with embezzlement

A past president of the Parent Teacher Association at Singing River Elementary School has been arrested on a charge accusing her of embezzling thousands of dollars from the group.

News • January 30th, 2013

IRS: If claiming education tax credit, wait until mid-February

Filing starts today, Jan. 30, 2013, but many taxpayers will have to wait a few weeks longer.

News • January 29th, 2013

IRS adds Tumblr to its social media - already on Twitter, Facebook, others

Guess who's the "Mayor of Taxland?" Well, it isn't the Internal Revenue Service, because they aren't on FourSquare, but they are on most of the other popular social platforms.

News • January 29th, 2013

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