Latest Articles

 CPA Select for TurboTax is also good for CPAs

February 12, 2013 

CPA Select for TurboTax is also good for CPAs

TurboTax this year unveiled a product called CPA select. While this has some benefits for consumers who want a CPA to do their taxes but don’t want to guess at what the cost will be, there are some benefits for up-and-coming CPA firms as well:

Dave McClure

 New York community banks issue most small-business loans

February 12, 2013 

New York community banks issue most small-business loans

New York's community banks provide most of the loans for the state's small businesses and farms, generating more than half of all small- business loans and almost all small-farm loans even though they hold less than one-fourth of all bank assets in the state, banking regulators said in a new report.

 Hawaii man pleads guilty to falsely claiming $4M tax refund

February 12, 2013 

Hawaii man pleads guilty to falsely claiming $4M tax refund

A man who cashed an income tax refund check for nearly $4 million pleaded guilty in U.S. District Court on Monday to making a false claim against the IRS and to filing fraudulent, retaliatory liens against two federal judges and two federal prosecutors after his indictment for the false tax return.

 FASB issues XBRL implementation guide for subsequent events

February 12, 2013 

FASB issues XBRL implementation guide for subsequent events

FASB has issued its U.S. GAAP Financial Reporting Taxonomy Implementation Guide—Subsequent Events. The guide is the first in a series of XBRL Implementation Guides, which are designed to help Taxonomy users understand how certain disclosures are structured within the Taxonomy, and is available at www.fasb.org.

 Small Businesses Leading Nation’s Economic Recovery

February 11, 2013 

Small Businesses Leading Nation’s Economic Recovery

The economic environment is turning around for America's small businesses despite some lingering challenges from the recession that hit the nation in 2008-2009, according to a new report released today by the U.S. Small Business Administration (SBA) Office of Advocacy, an independent office that serves as the voice for small business within the federal government.