Latest Articles

leap day 1  56d3a93db25ee

February 29, 2016 

Scammers Get Creative With Leap Day

You know you’ve been the consumer watchdog reporter for a long time when you start to think like a scammer. That’s exactly how my brain was working a week ago when I saw Leap Day was fast approaching. “I’ll write about all the Feb. 29 swindles that people should watch out for,” I thought. Incorrectly,...…

On demand economy 1  56d3a383d445a

February 29, 2016 

How the Gig Economy is Reshaping the Work Week

The 40-hour work week may be alive and well, but it looks nothing like it did a generation ago – at least not if you’re part of the growing ranks of people dipping a toe in the on-demand economy.

 New FASB Guidance Focuses on Lease Accounting

February 29, 2016 

New FASB Guidance Focuses on Lease Accounting

“The new guidance responds to requests from investors and other financial statement users for a more faithful representation of an organization’s leasing activities,” stated FASB Chair Russell G. Golden.

 9 Ways Small Businesses Can Save Cash

February 29, 2016 

9 Ways Small Businesses Can Save Cash

If you neglect to control your spending, if you are unsure of where all your profits are going, there could come a day when you have to downsize or take some other type of drastic measure.

Tax Penalty 1  566aff909c331

February 26, 2016 

New Law Increases Penalty for Not Filing Income Taxes

This penalty is equal to 5 percent of the additional taxes owed amount for every month (or fraction thereof) your return is late, up to a maximum of 25 percent. Previously, the minimum penalty for failing to file a return within 60 days of the due date ..

Storm Trooper 56968b9cbdad2

February 26, 2016 

CES 2016: Future Gadgets

The year started off with a bang as we cruised the aisles at the annual consumer electronics show in Las Vegas with 170,000 other technology adventurists. CES is the largest consumer electronics show in the world where the latest gadgets are launched ...

Roman Kepczyk

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February 26, 2016 

ADP Gives Accountants Free HR HelpDesk Access During Tax Season

ADP is offering accountants and their small-business clients free access to the ADP HR HelpDesk during tax season. This offer is available to accountants nationwide who can also select up to five of their small-business clients (those with fewer than ...

TAX SCAM 1  54d39dfa3c63b

February 25, 2016 

Tax Scams Increase 400% – IRS Issues New Alert

The emails are designed to trick taxpayers into thinking these are official communications from the IRS or others in the tax industry, including tax software companies. The phishing schemes can ask taxpayers about a wide range of topics.

 IRS Two Steps Closer to Regulating Tax Preparers

February 25, 2016 

IRS Two Steps Closer to Regulating Tax Preparers

The IRS strategy to require independent, non-credentialed tax preparers took two steps forward in February. Both steps are designed to establish required education and licensing for the estimated 111,000 independent tax preparers in the US.

Dave McClure