Archived News for Tax & Accounting Professionals

Partial list of taxes and fees in health overhaul

Starting in 2014, President Barack Obama's health care law will expand coverage to some 30 million uninsured people. At the same time, insurers no longer will be allowed to turn away those in poor health, and virtually every American will be required...

News • December 26th, 2012

Lingering mystery of Boxing Day, even among British expats

The day after Christmas is Boxing Day, a distinctly separate holiday in most of the English-speaking world. But what exactly is Boxing Day? Even some Brits aren't certain.

News • December 26th, 2012

Executives at Debt Collection Agency Admit Roles in $10 Million Client, Lender and Investor Fraud Scheme

Randall Silver, 43, of New Hyde Park, N.Y., pleaded guilty on December 13 to one count of conspiracy to commit wire fraud, bank fraud and money laundering, and one count of wire fraud. SILVER was a Vice-President of Finance and Chief Financial Officer...

News • December 26th, 2012

Philly cop who scammed city out of real-estate taxes gets fired

Philadelphia police commissioner Charles Ramsey has decided to fire Officer Elaine Thomas for an alleged tax scam, saying that a suspension wasn't enough.

News • December 25th, 2012

Ohio CPAs Name Major Issues for Congress to Address in 2013

Ohio CPAs list tax reform, unemployment and the federal deficit as top priorities for Congress in 2013.

News • December 24th, 2012

Internet Getting More Risky for Seniors, Americans Fear; 1 in 3 Feel the Sting of an Online Scam, New Survey Finds

Vast Majority Want Top Internet Companies to Do More to Combat Illegal Activities on the Web

News • December 24th, 2012

Red Wing Software Announces Employee Tracking Tool

Red Wing Software recently announced it has created a new report to help employers track employee status for compliance with the upcoming Patient Protection and Affordable Care Act.

News • December 21st, 2012

Professionals on the Move - December 21, 2012

A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

News • December 21st, 2012

U.S. economy a growing concern for Canadian executive CAs: CICA Business Monitor

Canada's executive chartered accountants are increasingly anxious about the U.S. economy heading into a new year, according to the latest CICA Business Monitor (Q4 2012).

News • December 21st, 2012

CCH Fiscal Cliff Estimator Now Available for All Taxpayers

CCH Fiscal Cliff Estimator is now available for free on CCH's website.

News • December 20th, 2012

'First Lady' of IRS Tax Fraud Indicted, Along with Her Boyfriend

United States Attorney Robert E. O'Neill announces the return by a grand jury of a fifty-seven-count indictment charging Rashia Wilson (27, Wimauma) and Maurice Larry (26, Tampa) with conspiracy and multiple counts of wire fraud, filing false tax...

News • December 20th, 2012

Alabama accountant sentenced to 38 months for embezzling from client

A Montgomery accountant has been sentenced to 38 months in federal prison for embezzling about $440,000 from an elderly client's account, the U.S. Attorney's Office announced Wednesday.

News • December 20th, 2012

University of Texas at Dallas Students Win $10,000 in 2012 AICPA Accounting Competition

Students from the University of Texas at Dallas won first place and received a $10,000 award when they won first place in the 2012 AICPA Accounting Competition in Washington, D.C.

News • December 19th, 2012

CCH Releases New Fiscal Cliff Estimator

CCH, a Wolters Kluwer business, recently released its 2013 Fiscal Cliff Estimator, a tool to help taxpayers and their advisors prepare for possible outcomes of the fiscal cliff negotiations.

News • December 19th, 2012

Jury convicts businessman, former accountant of tax evasion of $50 million

Once a co-owner of one of the nation's largest precast concrete manufacturers, John Stanton is now facing up to 10 years in federal prison after a federal jury convicted him Monday of federal tax evasion charges.

News • December 19th, 2012

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