Archived News for Tax & Accounting Professionals

2013 federal income tax tables released

The IRS has released the 2013 federal income tax tables, which include annual inflation adjustments.

News • January 15th, 2013

Small businesses optimistic about growth and hiring in 2013 - survey

As 2013 begins, small business owners are excited about the year's prospects according to a new survey of more than 600 small business owners released today by ONTRAPORT, provider of the comprehensive business and marketing automation platform...

News • January 15th, 2013

FASB Suggests Changes to Accounting for Repurchase Agreements

The Financial Accounting Standards Board has issued for public comment its proposal to improve financial reporting about repurchase agreements and other transfers with forward agreements to repurchase transferred assets.

News • January 15th, 2013

Former Nortel CEO found not guilty in fraud case

The former chief executive of bankrupt Nortel Networks and two former senior executives were found not guilty Monday of falsifying financial reports in what prosecutors said was a scheme to report profits and gain bonuses.

News • January 14th, 2013

CCH Releases Updated Version of Global Integrator

CCH, a Wolters Kluwer business, recently released a new version of its tax solution, Global Integrator.

News • January 14th, 2013

Tips for businesses to avoid embezzlement

Accountants and business leaders say small businesses can take steps to protect themselves from employee theft. Good accounting practices are a must.

News • January 14th, 2013

Connecticut couple charged with evading taxes for 18 years

A husband and wife from Brooklyn, Conn., have been charged by federal prosecutors with conspiracy to defraud the Internal Revenue Service and four counts of tax evasion.

News • January 14th, 2013

Health insurance hikes hitting Texans

More than 163,000 Texans face double-digit rate increases to their healthcare premiums this year as insurers raise prices in anticipation of higher medical costs and full implementation of the Obama administration's healthcare law.

News • January 14th, 2013

Corruption trial for 6 California city leaders

Six former officials of the scandal-ridden city of Bell go on trial this week in a massive corruption case that nearly bankrupted the Los Angeles suburb.

News • January 14th, 2013

Metis Group Welcomes Thomas Torrillo as New Partner

Torrillo to Focus on Retail & Consumer Products

News • January 14th, 2013

The American Taxpayer Relief Act of 2012: A closer look at the fixed asset provisions

Fixed assets and the Fiscal Cliff Deal. ATRA affects many areas, from bonus depreciation and Sec 179 expensing, to MACRS and Indian Reservation property.

News • January 14th, 2013

Gasoline prices predicted to fall in 2013

Hamburgers, health care and taxes are all set to take a bigger bite out of the family budget this year. But drivers' annual gas bills are expected to drop for the first time in four years.

News • January 14th, 2013

Strategies for helping small businesses in small towns thrive

People who own and operate small businesses in small towns may want to hear what Marc Willson has to say about remaining relevant to consumers in an era when online orders are replacing storefronts.

News • January 14th, 2013

Illinois CPA faces 40-count federal indictment for wire fraud, money laundering

A southeastern Illinois accountant faces a 40-count federal indictment alleging that he stole more than $1.5 million from an elderly client and used the money on personal expenses.

News • January 13th, 2013

Updated: Fix for Java security flaw available

A new computer virus has U.S. government security experts taking the unual position of recommending that people disable a common background computer program found on most PCs and Apple computers.

News • January 13th, 2013

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