Latest Articles

March 3, 2014 

A new report shows that the unusually cold winter across the United States may have had an effect on hiring at small businesses, as sales revenue in many parts of the country were down due to weather conditions.

Isaac M. O'Bannon

March 3, 2014 

The results show that more than half of small businesses surveyed still use manual processes, such as a spreadsheet or pen and paper, to track finances. In addition, almost 40 percent of these businesses are spending multiple days on tax preparation.

Isaac M. O'Bannon

March 3, 2014 

Convicted psychic swindler Rose Marks was sentenced to just over 10 years in federal prison Monday for defrauding clients of her family's fortune-telling businesses out of more than $17.8 million.

March 3, 2014 

Big 4 accounting firm PwC US has appointed Jessica Good, a 20-year veteran of the firm, as the Assurance leader for the firm's Carolinas market. In her new role, she will lead a practice comprising over 375 PwC professionals throughout North and South Carolina. Good succeeds Crawford Pounds who has been appointed as the Market…

March 2, 2014 

IRS2Go is an IRS-developed app designed to help taxpayers in several ways. The app lets taxpayers check on the status of their refund, sign up for helpful tax tips or get the most recent IRS Twitter feeds. Download IRS2Go, then connect with the IRS whenev

March 2, 2014 

ProSeries Tax from Intuit provides income tax professionals with several affordable packages for providing compliance services to individuals and all types of entities. Primary forms include 1040, 1041, 1120, 1120s, 1065, 706, 709 and 990. Unlimited pricing options let users file any number of income tax returns, with e-filing included, along with powerful built-in tools...…

March 2, 2014 

If you haven't filed a tax return in the past few years, find out how you can get all caught up with your taxes.

February 28, 2014 

A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

Taija Sparkman

February 27, 2014 

In January this year, the United States Supreme Court heard oral arguments in United States v. Quality Stores, Inc. The outcome of this case will clarify the taxable treatment of certain severance payments under the Federal Insurance Contribution Act (FICA).

February 27, 2014 

Payroll and human resources solutions provider ADP has been recognized as the top company in Financial Data Services by Fortune magazine's "World's Most Admired Companies" list for 2014.

February 27, 2014 

Tax reform is back in on the table. On February 26, 2014, U.S. Representative Dave Camp (Rep.-Mich.), the chairman of the House Ways & Means Committee, released a much-anticipated draft of a major tax overhaul. Camp’s proposed reforms, which were three years in the making, reflect bipartisan efforts to simplify the tax code and provide…

Ken Berry, JD

February 27, 2014 

Someone just asked TaxMama if there is a way to get her father’s earnings information from back in 1977-78. She needs it because his income in those years is not on his Social Security record.

Eva Rosenberg