Archived News for Tax & Accounting Professionals

State agency promised to create more jobs with increased funds, boosted cash reserves instead

South Carolina's Department of Probation, Pardon and Parole Services told lawmakers it would spend $3.8 million to hire 47 new agents, but instead used the money to boost the agency's cash reserves, according to a new report from the Legislative Audit...

News • June 12th, 2013

Online payroll system adds contractor management features

New functionality enables modern payroll for the entire workforce - employees and contractors

News • June 12th, 2013

State holds tax refunds for those with warrants

Greed is one of the seven deadly sins. But for Maryland's Anne Arundel County Sheriff's Office, greed is good.

News • June 12th, 2013

Why Some Companies Overhold Cash Reserves

As some U.S. corporations rankle investors by holding unprecedented levels of cash, research from the University of Michigan indicates that the CEO's prior job experience could have something to do with it.

News • June 12th, 2013

Texas governor woos businesses in New York

Former GOP presidential hopeful and Texas Governor Rick Perry visits New York and neighboring Connecticut next week as he continues his high-profile search for gun, drug and financial companies willing to move to his state.

News • June 12th, 2013

CEOs optimistic on sales and hiring for rest of 2013

Chief executives for the largest U.S. companies are more optimistic about sales over the next six months and plan to add more workers.

News • June 12th, 2013

Survey: Businesses unprepared for cyber threats

CIOs are assuming more strategic roles based on evolving risks and opportunities

News • June 12th, 2013

Jobs: In May, 1,700 Illinois workers given notice of possible layoff

More than 1,700 Illinois workers received notice in May that they could be laid off in the coming weeks, according to filings with the Illinois Department of Commerce and Economic Opportunity.

News • June 12th, 2013

U.S. House and Senate stop latest round of military base closures

A Senate panel on Tuesday approved legislation rejecting the Defense Department's request to close installations and facilities in the United States that are no longer needed as the military branches cut the number of troops in uniform.

News • June 12th, 2013

Iowa enacts online sales tax law

Gov. Terry Branstad signed "e-fairness" legislation Tuesday designed to level the playing field for Iowa businesses by closing a loophole that allows out-of-state, online-only retailers to offer customers a purchase price without collecting the...

News • June 12th, 2013

Study shows women-owned businesses thriving, face usual obstacles

Despite the difficult economic climate during the recent recession, women-owned businesses performed just as well as men-owned businesses during the period 2007 – 2010, and in many cases outperformed their peers.

News • June 12th, 2013

Is this non-profit charity group a scam?

Peer through the window of Project Cure's headquarters in East Manatee, Florida, and you'll see a mattress and box spring leaning against a wall, an old chandelier on the ground and some Christmas tree bulbs high on a shelf. No office furniture was...

News • June 12th, 2013

Survey: Employees paying more in health care costs

"Companies continue to look for ways to do this by adding and increasing plan deductibles, passing on more of the premium cost to employees and their families, tightening eligibility provisions, and greater emphasis on health and wellness," he said.

News • June 12th, 2013

America's accountants see country in post-recession, expect growth as new priority

Growth and Firm Development Planning Emerge as Key Priorities for CPA Firms, AICPA Survey Finds

News • June 11th, 2013

Are most Americans tax cheats? Most who shop online probably are

Tax professionals know it. Most accounting professionals know it. When it comes to businesses, most follow at least the letter, if not the spirit, of the law. But most other Americans still don’t seem to understand that they are probably a tax cheat.

News • June 11th, 2013

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