Latest Articles

2013-Moore-tornado

June 10, 2013 

Small businesses bouncing back after tornadoes

Business will soon be booming in Moore, said City Manager Stephen Eddy. While 36 businesses were destroyed and others affected by power outages and restricted access following the devastation of the May 20 F-5 tornado, the city is bouncing back.

 Small nonprofits getting cut in healthcare tax credit

June 10, 2013 

Small nonprofits getting cut in healthcare tax credit

Due to the federal budget impasse, certain small non-profits nationwide will see an 8.7 percent cut in a federal tax credit they have received since 2010 for providing health care insurance for their employees.

 IRS Income Tax Tables for 2014 Tax Season

June 10, 2013 

IRS Income Tax Tables for 2014 Tax Season

The below tax tables were released by the IRS and are the official rates for individuals and married taxpayers when they file their returns before April 2014. These are, then, the official rates for tax year 2013, which ends Dec. 31, and for which filers who pay estimated taxes during the year should follow.

Isaac M. O'Bannon

 In attempt to avoid bankruptcy, Detroit offers creditors less than 10 percent

June 10, 2013 

In attempt to avoid bankruptcy, Detroit offers creditors less than 10 percent

Detroit's attempt to avoid bankruptcy will hit a critical stage next week as emergency manager Kevyn Orr brings together dozens of creditors to present a stark offer: less than 10 cents on the dollar for the loans, bonds, retiree obligations and other debts that have been strangling the city for years.

 Ohio Senate passes state budget

June 10, 2013 

Ohio Senate passes state budget

The Ohio Senate passed the two-year, $61.7 billion budget today along party lines, offering up tax cuts for business owners and more money for schools, including 13 of 16 in Franklin County.

sddefault.jpg_10957563

June 10, 2013 

Tim Cook Defends Apple’s Tax Accounting

Associated Press Video: Apple's CEO, Tim Cook is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates. (May 21)