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June 3, 2014 

Seattle Passes $15 Minimum Wage

The Seattle City Council Monday unanimously approved a $15 minimum wage, creating a path over the next seven years to provide the city's lowest-paid workers the nation's highest minimum wage.

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June 3, 2014 

2014 Innovation Awards Announced in L.A.

CPA Practice Advisor’s 11th annual Tax and Accounting Technology Innovation Awards were presented on Monday evening during a reception at the California Accounting and Business Show in Los Angeles. The big winners: Web-based and mobile tools that help firms and their small business clients streamline financial management and compliance tasks.

Isaac M. O'Bannon

 Study: Encourage Entrepreneurs to Boost Economy

June 2, 2014 

Study: Encourage Entrepreneurs to Boost Economy

Encouraging entrepreneurs to start small businesses or expand existing ones will boost local and regional economies in Indiana, according to officials with Purdue University's Center for Regional Development.

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June 2, 2014 

2014 Review of Drake Tax

Drake Software is a tax software solution designed for quick data entry and return processing. A unique aspect to Drake Software is the all-inclusive pricing model. This allows tax practitioners to process unlimited federal, state and electronic filing at a known, fixed rate with no additional function modules to purchase. Drake’s software system includes built-in…

Steven M. Phelan

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June 2, 2014 

Drake Tax

Drake Tax is loaded with features to help you quickly and efficiently prepare and process your customers’ returns. So you can stay focused on the important stuff — working with clients and building your business.

 IRS Gives an Inch on Once-A-Year IRA Rollover Rule

June 2, 2014 

IRS Gives an Inch on Once-A-Year IRA Rollover Rule

The IRS isn’t backing off on its tough stance involving the “once-a-year-IRA rollover” rule. In the aftermath of a new case tightening the restriction for IRA owners (Bobrow, TC Memo 2014-21), it recently announced it intends the follow the Tax Court’s lead on this issue. However, showing some leniency, the IRS now says it won’t…

Ken Berry, JD

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June 2, 2014 

Checkpoint Pocket Assistant

Perform routine tasks from anywhere with this new free iPhone app! Checkpoint Pocket Assistant includes the 2013 Tax Rate Guide (with Federal income, gift and estate tax rates) plus the COLA Profit-Sharing Plans. Like Kind Exchange Calculator — Quickly determines the realized gain, recognized gain and basis of the like-kind property received for most like-kind...…