Archived News for Tax & Accounting Professionals

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

Thomson Reuters Focuses on "Closing the Loop" to Improve Customer Satisfaction

A new customer feedback process, focused on “closing the loop,” will allow Thomson Reuters to connect with customers directly to solve their problems and issues.

News • December 18th, 2012

Online banking is a win-win even for Boomers and seniors

Intuit Data Shows Consumers Who Bank Online Are Happy, More Loyal and More Valuable

News • December 18th, 2012

State and local tax revenues up across U.S.

Summary of State and Local Government Tax Revenue: 3rd Quarter 2012

News • December 18th, 2012

Bank launders money for Iran, Libya and Mexico drug cartels; Execs avoid criminal charges

When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug...

News • December 18th, 2012

Church's former business manager charged with embezzlement, 8 felonies

The former business manager of a prominent Edmond church was charged Monday with eight felony counts, authorities said.

News • December 18th, 2012

TaxConnex Publishes Fourth Chapter of Handbook on Sales Tax Issues

TaxConnex recently announced the release of the fourth installment of its “Sales Tax Handbook: A Guide to Sales Tax Laws and Current Issues.”

News • December 18th, 2012

Wave Moves Past Accounting to Offer Complete Financial Management

Wave announced today that it has launched a new set of online tools to offer a more complete financial management solution to businesses.

News • December 17th, 2012

Fiscal cliff affecting hiring decisions? Maybe not

Businesses are hiring regardless of a resolution to the “fiscal cliff,” according to a poll taken during a year-end tax planning webinar for businesses recently hosted by Baker Tilly Virchow Krause, LLP.

News • December 17th, 2012

Commercial Logic Releases Hosted Solution for PowerPM

Commercial Logic, provider of software and consulting services to small practices and accounting firms, announced today the release of its Hosted Solution for PowerPM.

News • December 17th, 2012

Oregon lawmakers OK tax deal for Nike expansion

A deal proposed by Nike Inc. to create hundreds of jobs in Oregon in exchange for a guarantee that the state won't change a favorable corporate tax structure has prompted state lawmakers to approve emergency legislation. Critics have questioned the...

News • December 17th, 2012

Gasoline prices soon to hit low point for 2012

By Monday, the national average should fall below the $3.28 a gallon that drivers paid on Jan. 1, according to analysts. The drop is a gift for those hitting the road during what is expected to be the busiest Christmas travel season in six years.

News • December 17th, 2012

Farmers fear fiscal cliff inaction could hurt agriculture

Local politicians and farmers are afraid agriculture will tumble over the "fiscal cliff." The president and Congress are working to avoid a combination of tax increases through expiration of the Bush-era tax cuts and $109 billion in spending cuts set...

News • December 17th, 2012

A look at tax breaks that expired this year

While much of Washington is consumed by the debate over tax cuts scheduled to expire next year, a big package of tax breaks already expired for this tax year (2012). Among the biggest, along with the cost to retroactively extend each one for 2012 and...

News • December 17th, 2012

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