Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
March 26, 2014
California Exploring Special Tax Credits to Lure New Businesses
After enduring several rounds of Texas Governor Rick Perry's radio ads and visits to the Golden State to persuade businesses to move to Texas, California is fighting back with financially focused programs to keep and attract companies.
March 26, 2014
Marjiuana Tax Revenues Drop in Pueblo, Colorado
The second month of legal recreational marijuana sales in Pueblo saw three more stores open and $4,000 less in sales tax revenues collected by the county.
March 26, 2014
Central California Sees Federal Grants as Key to Job Growth
San Joaquin county officials on Tuesday signed off on an "aggressive" economic development strategy, a necessary step to position the inland and mostly agricultural county's agencies to receive millions of federal grants meant to help spur job growth.
March 26, 2014
New Integration Solution Connects SAP ERP Software with Thomson Reuters Indirect Tax
The new new global integration framework can give businesses more accurate and efficient process for ensuring tax policies and reports are maintained and easily accessible everywhere they do business.
March 26, 2014
Payroll Services Firm Recognized for Ethics
Paychex has been recognized by The Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company.
March 26, 2014
Treasury Offers Quick Fix on Another Obamacare Glitch
The government seems to have worked out most of the kinks in www.healthcare.gov, the online site used to sign up for Obamacare. But it has yet to address another glitch that surfaced almost two years ago: Language in the law that prevents married taxpayers who file separate tax returns from qualifying for special tax subsidies.
March 26, 2014
New GASB Pension Standards Start June 15, 2014
New accounting standards for pensions will go into effect after June 15, 2014, the Governmental Accounting Standards Board has announced.
March 26, 2014
Franchisees Saw Strong Growth in 2013, Expectations High for 2014
If you have clients who are franchisees, did they experience the same strong growth as seen across the franchise sector in 2013? According to a new report, last year was a banner year, with industry outpacing the overall U.S. economy in business formation and job growth, creating an estimated 11,000 new establishments and 10 percent…
March 26, 2014
Unions Unhappy with Maine Plan to Attract Business
A component of Governor Paul LePage's plan to attract manufacturers to Maine would violate federal law, labor unions told lawmakers Monday.
March 26, 2014
Latino Business Owners Find New Ways to Connect with Banks
Minority-owned small businesses are less likely to borrow money from traditional lenders and less likely to have their loans approved. Access to financing is crucial for new businesses, and in Berks County, PA, there are more options available for entrepreneurs to borrow money, including a new program for Reading business owners from National Penn Bank.
March 26, 2014
Supreme Court: Severance Payments are Taxable Wages for FICA Purposes
The Court ruled that severance packages and payments that are given to involuntarily laid-off workers are taxable not only as individual income, but also with regard to FICA employment taxes. It was a unanimous 8-0 ruling, with Justice Elena Kagan recusing herself from the case. Oral arguments were heard by the court last October.
March 25, 2014