Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
December 27, 2013
Non-Credentialed Tax Preparers in Minneapolis Charged with ID Theft, Tax Fraud
Four tax preparers in Minneapolis and Brooklyn Center have been indicted on 63 counts of identity theft, conspiracy and tax fraud.
December 27, 2013
After-School Program Teaches High School Students How to Start a Business
A new after-school program at Hayward Middle School in Springfield, Ohio, will continue next semester and might expand next year, according to Springfield Christian Youth Ministries Executive Director Faith Bosland.
December 26, 2013
Ohio Minimum Wage Goes Up On Jan. 1
Ohio's 330,000 minimum wage workers will see their pay climb 10 cents to $7.95 an hour beginning Jan. 1 when the automatic hike takes effect. Minimum wages for tipped workers will get a 5 cent bump to $3.98 an hour.
December 26, 2013
IRS Reminds Tax Professionals to Renew their PTINs for 2014
The Internal Revenue Service today reminded professional tax return preparers to renew their Preparer Tax Identification Numbers (PTINs) if they plan to prepare returns in 2014. Current PTINs expire Dec. 31, 2013.
December 26, 2013
End of Federal Income Tax Deduction Could Hurt State Budgets
States could see reduced consumer spending in 2014 if a federal tax deduction is allowed to expire.
December 26, 2013
What Are Your Financial Statements Telling You?
What could your business do with an extra $1 million in cash? Borrow less? Invest in new equipment? Hire staff to help grow your sales?
December 26, 2013
Mass Transit Tax Credit to Shrink in 2014
WASHINGTON — Thousands of Maryland bus and MARC train riders could pay more for their commute starting in January after Congress failed to renew an expiring tax credit that rewards mass transit use. Current federal law allows bus and rail commuters to withhold up to $245 a month in pre-tax income. The cap falls to...…
December 26, 2013
2013 Saw Rebound in Residential Construction
The Kansas City area finally was looking at the Great Recession in the rearview mirror in 2013 when it came to development, led by a strong rebound in residential construction and Cerner's seemingly insatiable appetite for office space.
December 24, 2013
IRS to Allow Rollovers for Flex Spending Accounts in 2014
The IRS surprised employers a few weeks back with a rule change that allows flexible spending account participants to roll over up to $500 of their unused account balances into the next year.
December 24, 2013
Report Shows U.S. Homes Up Nearly 8% in 2013; Largest Gain Since 2005
Total Value of U.S. Housing Stock Jumps for Second Straight Year; Almost Half of Cumulative Value Lost Between 2007-2011 Has Been Recovered, According to Zillow
December 23, 2013
Modern CPAs and the Brave New Accounting World
It's no secret that information technology has changed the way we work. From tablets and smartphones to cloud-based processes, change has come at a shocking pace for firms and their clients.
December 23, 2013
70% of Americans Don’t Use All of Their Earned Vacation
For the third year in a row, nearly 70 percent of North American employees do not plan to use all of their annual vacation time.