Archived News for Tax & Accounting Professionals

The Justice Department laid out its case in a lawsuit against Lance Armstrong on Tuesday, saying the cyclist violated his contract with the U.S. Postal Service and was "unjustly enriched" while cheating to win the Tour de France.

News • April 23rd, 2013

Foreclosure rate in California drops by half

New California foreclosure actions posted a sharp plunge in the first quarter to levels not seen since the last housing boom.

News • April 23rd, 2013

New home sales rise in March; Best growth rate in years

U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.

News • April 23rd, 2013

New system from FICO helps business with collections

FICO Debt Manager 9 puts more power in the hands of front-line business users to meet business goals and preserve customer relationships

News • April 23rd, 2013

Wasp Barcode Releases Enhanced InventoryControl v.7 with QuickBooks Integration

Wasp Barcode Technologies has released InventoryControl version 7, a complete inventory tracking solution for small and medium-sized businesses. Wasp InventoryControl version 7 is available in three editions: Standard, RF Professional, and RF Enterprise.

News • April 23rd, 2013

Proposed law would make it easier for Americans to own property in Mexico

Looser rules proposed on foreign owners in Mexico

News • April 23rd, 2013

IRS Improving at Collecting Taxes, but Oversight Agency Says Changes are Needed to Ensure Balance and Effectiveness

The most recent estimate of the Tax Gap is $385 billion, and the the Internal Revenue Service needs to do more to collect those funds, according to a new report. The Tax Gap is the amount of taxes the agency estimates is owed, but is not reported or...

News • April 23rd, 2013

TIGTA Finds Improvements Needed to Performance Measures for IRS Collection Program

The Treasury Inspector General for Tax Administration released a new report that showed several favorable trends among the IRS’s performance measures for its Collection Program. The performance measures help IRS managers make decision about how...

News • April 23rd, 2013

AICPA Survey Finds Americans Stress Over Money Impacting Sleep, Friendships and Health

Forty-seven percent of Americans are sleeping less due to high financial stress, according to a new survey by the American Institute of CPAs.

News • April 23rd, 2013

2013 Innovation Award Nominee: CCH Axcess

CCH Axcess nominated for 2013 Innovation Awards.

News • April 23rd, 2013

Complexity of Tax Regulations and Code Leads Many SMBs to Outside Accountants

Majority of U.S. small business owners that use an outside accountant do so because of complex tax regulations and code.

News • April 22nd, 2013

Most Small Businesses Not Planning to Increase Hiring in 2013

With continuing uncertainty on the effects of ObamaCare and other tax and regulatory laws, many private businesses are not planning on increasing their staff sizes in 2013, according to a new Sageworks survey.

News • April 22nd, 2013

Bookkeeper charged with theft of $170,000; Allegedly used money for breast implants

Woman bought breast implants after stealing $170,000 from employer, deputies say.

News • April 22nd, 2013

10 reasons why 'green leases' benefit tenants and property managers

Green leases offer 10 opportunities to benefit tenants, landlords and the environment

News • April 22nd, 2013

Money Smart Week helps develop better spending and saving habits

Five national organizations committed to promoting financial education are taking part April 20–27, 2013, in Money Smart Week, a national effort to help consumers make informed decisions about their personal finances.

News • April 22nd, 2013

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