General News May 26, 2026
Texas Accountant Indicted, Accused of Stealing $3 Million From Two Colorado Companies
Emily Katherine Merrill, 41, faces 10 counts of wire fraud and three counts of money laundering, according to an indictment.
June 3, 2014
Summer Time Tax Tip #8: Deductions for Medical Expenses: When a Swimming Pool is Deductible
However, there’s a silver tax lining if the pool is needed by a family member to alleviate arthritis or some other specific illness. For a medically-necessary improvement made by a homeowner, the deductible amount is equal to the cost above the corresponding increase in the home's value. In addition, the annual maintenance costs associated with…
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.
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.
June 3, 2014
Honoring Innovation: 2014 Awards Spotlight Mobile Technologies
Technology is rapidly advancing in our everyday lives as well as in our professional careers, but finding the solutions that have the greatest impact on productivity and, ultimately, profitability can help a firm thrive.
June 2, 2014
Pennsylvania Lawmakers to Consider Medical Mariijuana, Other Issues
June's arrival for many Pennsylvanians signifies the start of summer fun -- beaches, sun and outdoor activities. But at the state Capitol, it's crunch time.
June 2, 2014
IRS Releases Spring ‘Statistics of Income’ Bulletin
The Internal Revenue Service has released the spring 2014 issue of the Statistics of Income Bulletin, which provides information on high-income individual income tax returns filed for tax year 2011.
June 2, 2014
Target Board Defends Role Before and After Data Breach
Under fire for its handling of the data breach, Target's board is now defending itself to shareholders in advance of next week's annual meeting.
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.
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…
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.
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…
June 2, 2014
Thomson Reuters and Bisk to Offer Full-Day of CPE Webinars
Thomson Reuters will be offering two new, full-day tax and accounting and auditing webinars presented by Bisk CPEasy in June, July, and August.