Income Tax

 Costco and some business groups back Fair Minimum Wage Act

March 5, 2013 

Costco and some business groups back Fair Minimum Wage Act

A collection of business owners applauded today’s introduction of legislation to raise the federal minimum wage for the first time since 2009. U.S. Sen. Tom Harkin (D-IA) and Rep. George Miller (D-CA) introduced the Fair Minimum Wage Act of 2013, which would gradually raise the federal minimum wage from its current $7.25 an hour to...…

 Maryland payroll service sued for allegedly keeping taxes

March 2, 2013 

Maryland payroll service sued for allegedly keeping taxes

A Bel Air company that handled payrolls for many employers in the area is being sued by clients for allegedly stealing years of tax payments rather than sending them on to the tax collectors as required -- leaving the companies on the hook.

 Income Tax 2013: CPAs share the strangest income tax deductions

March 1, 2013 

Income Tax 2013: CPAs share the strangest income tax deductions

The Minnesota Society of Certified Public Accountants (MNCPA) recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Responses included everything from swimming pools and manicures to poodles and non-existent children.