Archived News for Tax & Accounting Professionals

Maine governor proposes getting rid of state income tax

Gov. Paul LePage said Monday that his long-term goal is to eliminate Maine's income tax, but he reiterated his opposition to a plan before the Legislature that would cut the income tax rate in half while raising and lowering other taxes.

News • May 22nd, 2013

New Decision Support Network Launched to Help Payroll Departments

Bloomberg BNA has launched the International Payroll Decision Support Network. This new membership-based service combines Bloomberg BNA's custom research offerings with a collection of new global payroll products and resources accessible to...

News • May 22nd, 2013

1.3 million Canadians told to boil city water in Montreal

Over one million Montreal residents are being told to boil water their drinking water after a malfunction at Canada's second-biggest filtration plant.

News • May 22nd, 2013

New Small Business Administration program focuses on business lending for veterans

The U.S. Small Business Administration has started a new program aimed at helping returning veterans start new businesses.

News • May 22nd, 2013

Apple CEO defends tech giant's tax practices

Sen. John McCain, R-Ariz, charged at the hearing that Apple's tax practices violated the spirit of the law and, in a statement Monday, called them "highly questionable."

News • May 22nd, 2013

Tea Party conservative groups protest IRS

BOSTON - Nearly two dozen Tea Party activists rallied outside the John F. Kennedy Federal Building in downtown Boston on Tuesday as part of a nationwide protest against the Internal Revenue Service over the targeting of conservative groups. "The IRS...

News • May 22nd, 2013

Accounting Firms Face Challenges When Advising Businesses on Health Care Reform

New requirements create opportunity for firms that develop expertise in their consulting practices

News • May 22nd, 2013

Top Business Execs Worried About Growing Regulations, Geopolitical Unrest, Global Economy

According to a new KPMG International survey report, regulatory pressure is consistently one of the biggest threats facing companies across industries, and the number one challenge facing financial services and energy and natural resources companies...

News • May 22nd, 2013

WeiserMazars Names Abdallah as Senior Advisor

New York-based accounting firm WeiserMazars LLP recently announced that Mahmoud Abdallah, former Chairman and Chief Executive Officer of MISR Insurance Holding Company and Executive Vice President of American Re Group, has been appointed as a Senior...

News • May 22nd, 2013

Large Utah Accounting Firm Names Director of Strategic Planning

Utah accounting firm Tanner LLC has appointed Dan Griffiths as Director of Strategic Planning for the firm’s Leadership Solutions Practice.

News • May 22nd, 2013

For air travel, is low airfare or shorter travel time more important?

70 Percent of Consumers Would Not Give Up a Direct Flight to Save on Airfare

News • May 22nd, 2013

Federal disaster loans available to businesses and homeowners hit by Oklahoma tornado

Low-interest federal disaster loans are now available to Oklahoma residents and business owners as a result of President Obama's major disaster declaration, U. S. Small Business Administration (SBA) Administrator Karen G. Mills announced.

News • May 22nd, 2013

Uncredentialed Ohio tax preparer guilty on 10 counts

A Columbus, Ohio, man was found guilty yesterday of 10 counts of preparing false tax returns.

News • May 22nd, 2013

Did the IRS overstep when examining anti-abortion nonprofit groups?

When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational.

News • May 22nd, 2013

State gets court hearing on challenge to health care law

U.S. District Judge Ronald White has set a June 20, 2013, hearing in Oklahoma's challenge to IRS rules to implement so-called "Obamacare" in the state.

News • May 22nd, 2013

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