Archived News for Tax & Accounting Professionals

Hospital workers stole patient IDs for income tax fraud

A couple in Chester County, Pennsylvania, secretly paid hospital workers to steal patients' personal information then used it to file false tax returns and claim $1.7 million worth of refunds, prosecutors said today.

News • March 12th, 2013

Tips on deducting medical and dental expenses, Retirement savings tax credits

Taxpayers who want to deduct their medical or dental expenses on their income taxes need to understand some of the basic requirements for the deductions. The same goes with those who may be saving for retirement via specific plans and IRAs.

News • March 12th, 2013

Marriage, Divorce and Taxes: Those with a name change in 2012 face extra challenges with IRS

Whether for marriage or another reason, it may be an issue mostly faced by women, but some men do it too: Changing their last name.

News • March 11th, 2013

Intuit Updates Consumers on Progress Concerning Minnesota State Tax Return Issues

Intuit Inc. today provided an update on its progress in resolving issues consumers experienced with TurboTax, ProSeries, Intuit Online and Lacerte products while filing Minnesota state tax returns.

News • March 11th, 2013

New ADP system helps businesses with compliance and business intelligence

A new study by ADP and CFO Research shows that 89 percent of senior finance executives rank compliance as a priority. However, managing compliance is becoming increasingly difficult – 73 percent expect the complexity of new regulations to make the...

News • March 11th, 2013

Employee fraud can cripple a small business: How to limit damages

How much does can a thieving employee cost a business? According to the Association of Certified Fraud Examiners (ACFE), the average financial loss for one instance of employee fraud is $140,000, and 40 to 50 percent of victimized companies don't...

News • March 11th, 2013

Investment options for "small-dollar" investors

There may be a new source of investment help for these consumers, though. Although traditional investment firms may deny a client with less than $100,000 in readily available assets, other financial services are designed for the small-dollar investor.

News • March 11th, 2013

What small business owners want: Simpler taxes, decreased federal spending and no national sales tax

Small businesses want a simpler income tax code with decreased federal spending, and oppose a national sales tax.

News • March 11th, 2013

IRS says woman bragged about tax fraud on Facebook

The affidavits show Wilson even had a picture of herself with a cool smile on her face, wearing an oversized jewel-encrusted pendant spelling out her first name as she held bundles of cash.

News • March 10th, 2013

Police officers arrested for ID theft, income tax refund fraud

Malinsky Bazile, a young Miami police officer, pocketed about $140,000 over the past two years -- but not in salary for his patrol duties, authorities say.

News • March 9th, 2013

Texas woman gets 6 months in prison for payroll check scam

A woman who participated in a forged check scheme was sentenced to six months in prison Friday and ordered to make good on the bogus payroll checks.

News • March 9th, 2013

Small Business Employment Index: Slight growth remains consistent with past years

The CBIZ Small Business Employment Index (SBEI), a barometer for hiring trends for more than 3,500 companies with 300 or fewer employees, increased by 0.20 percent during February, following a decrease of 2.37 percent in January.

News • March 9th, 2013

Nominees for the 2013 Tax & Accounting Technology Innovation Awards

Meet the Nominees for the 2013 Tax & Accounting Technology Innovation Awards

News • March 9th, 2013

2013 Innovation Awards Nominee: Xcentric Cloud Portal

Xcentric Cloud Portal nominated for 2013 Innovation Awards

News • March 9th, 2013

2013 Innovation Awards Nominee: ClientWhy's Websites

ClientWhy's Websites nominated for 2013 Innovation Awards

News • March 9th, 2013

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