Latest Articles

June 5, 2014 

Only half of employees believe their workplaces are prepared for a severe emergency, according to the third annual workplace safety survey by Staples, Inc.. Nearly two-thirds of those polled said recent natural disasters have not led to their employers reassessing company safety plans. The survey, in honor of National Safety Month, also reveals that in…

Isaac M. O'Bannon

June 5, 2014 

The U.S. Department of Labor announced today that the initial claims for unemployment insurance benefits increased by 8,000 last week compared to the previous week. However, the "4-week moving average" saw a decrease of 2,250, bringing that measure to the lowest level it has been since June 2, 2007.

Isaac M. O'Bannon

June 5, 2014 

The Internal Revenue Service (IRS) has not made enough progress in reducing improper payments of Earned Income Tax Credits (EITC), according to a new report by the Treasury Department agency that oversees the nation's tax collectors.

Isaac M. O'Bannon

June 5, 2014 

The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final guidance specifying that a wide range of benefits and services provided by Indian tribal governments qualify for the general welfare exclusion from income. These include programs for housing, education, cultural and religious purposes, and the elderly and disabled, among others.

Isaac M. O'Bannon

June 5, 2014 

Members of the TRG include financial statement preparers, auditors and users representing a wide spectrum of industries, geographical locations and public and private companies and organizations.

Isaac M. O'Bannon

June 5, 2014 

Based on data from 4,138 organizations that raised more than $13 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving grew 1.3 percent for the three months ending April 2014, as compared to the same period in 2013.

Isaac M. O'Bannon

June 5, 2014 

The Michigan chapter of the National Federation of Independent Business today has come out against a proposed gas tax hike that would increase the price of regular unleaded fuel by about 25 cents by 2018.

June 4, 2014 

American men, particularly those aged 51 or older and with an income over $75,000, are more confident about retirement according to a recent survey conducted by financial services group OneAmerica. Contributing to their confidence is a realistic knowledge of how much retirement income they will need.

Isaac M. O'Bannon

June 4, 2014 

Tallie, which makes online expense management systems, has released what it says is the first complete cloud-based expense management solution, providing the quickest path from receipt to balance sheet. Tallie was honored this week with a Tax and Accounting Innovation Award.

Isaac M. O'Bannon

June 4, 2014 

For business owners, hiring family members as employees can lead to significant tax savings. And in many cases, those savings extend to the family members as well as the business owner. Sole proprietorships and corporations are both entitled to tax savings when they hire family members, but the amount of savings varies according to business…

James Paille

June 4, 2014 

June 4, 2014 

The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of two new members to the Governmental Accounting Standards Advisory Council (GASAC).

Isaac M. O'Bannon