Accounting

 Regions Bank settles $25M fraud complaint

May 15, 2013 

Regions Bank settles $25M fraud complaint

Birmingham, Ala.-based Regions Financial Corp. has agreed to pay the Louisiana Firefighters' Retirement System $25 million to settle a complaint alleging that it was defrauded by a former portfolio manager, The (New Orleans) Times-Picayune reported April 26.

 Five tips to improve small business cash flow

May 13, 2013 

Five tips to improve small business cash flow

With spring in the air, it’s time for small business owners to review their balance sheets and find opportunities to improve the life blood of their business: cash flow. “Successful entrepreneurs know that while their business may be profitable, cash is still king when it comes to growing their enterprise,” said John Roberts, Vice President...…

 IRS Admits Targeting Conservative Groups Before 2012 Election

May 10, 2013 

IRS Admits Targeting Conservative Groups Before 2012 Election

In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.

Dave McClure