Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
February 24, 2013
Former Wells Fargo banker helped fraud ring cash IRS tax refund checks
A former Wells Fargo Bank employee in Anchorage admitted in federal court Thursday that she helped members of an identity theft and tax fraud ring open illegitimate bank accounts and cash fraudulent checks.
February 24, 2013
Small businesses see potential positives and perils from crowd-funding
A 2012 federal law known as the JOBS Act opens the door to allowing small, privately owned businesses to market ownership stakes in their ventures to people over the Internet.
February 24, 2013
In Jesse Jackson Jr case, IRS and prosecutors focused on excessive indulgence
Prosecutors took a tougher stand against Jesse Jackson Jr. than his wife, Sandi, because they viewed him as the one who enabled the couple's seven-year $750,000 spending binge in which campaign dollars were spent on luxury goods, celebrity memorabilia, spa treatments and even a trip to Disney World.
February 24, 2013
Senate may consider online sales tax in 2013
Not a new tax. A bipartisan group of U.S. Senators hope to accomplish is the passing of a bill that would better enable states to collect taxes on transactions.
February 24, 2013
Indiana economy up, but still not ‘robust’
The Leading Index for Indiana, while rising slightly from its revised January level, still does not reflect a robust picture of the state's economy to start off the year. That's the bottom line, according to IU Business Research Center economist Tim Slaper, who put together and analyzes the index.
February 24, 2013
Shy at the airport? The TSA is introducing new security scanners
The new scanners are not as revealing as the former scanners, which received criticism for years for the level of personal detail evident during scans.
February 24, 2013
The Oscars: Academy Awards “Swag Bags” are taxable income, and the IRS is watching
Each Oscar nominee will receive an "Everybody Wins at the Oscars" gift basket, aka Swag Bag, worth just less than $48,000.
February 24, 2013
California corruption trial – Fate of 6 former city leaders in hands of jury
Feb. 23 — Before jurors left the courtroom to deliberate, the prosecutor took a final shot at the six former City Council members accused of corruption. “The one-percenters of Bell,” he called them, a band of small-town politicians who had “apparently forgotten who they are and where they live.” After four weeks of testimony, a...…
February 24, 2013
Vacation home buyers need to consider hidden costs: Property and State Taxes, Other Costs
People considering a vacation home need to consider other costs, like taxes.
February 24, 2013
Virginia state senate approves Medicaid changes to budget
The Virginia State Senate voted 31-8 on Friday to approve amendments to the state’s two-year budget, including language to allow Medicaid expansion pending reforms in the state’s program. Twelve senators lodged a protest against the Medicaid language after Lt. Gov. Bill Bolling ruled that it could not be separated from the budget for a separate...…
February 24, 2013
Payroll tax hike hurting casino revenue
Declining take-home pay, gambling machines in Illinois bars and financial uncertainty at the federal level were among the factors to hurt business at the Wild Rose Casino and Resort last month, according to general manager Tim Bollmann.
February 24, 2013
Restaurant group owes IRS $2.2 Million
A Lancaster, Pennsylvania restaurant company is facing mounting tax bills, which have grown to more than $2 million. The Keares Restaurant Group now has $2.2 million in federal tax liens for unpaid taxes, penalties and interest on several businesses, some that have been closed for more than 10 years. The recently filed liens include: $932,680...…