Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
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
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
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
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...…
February 23, 2013
Student Loans, FAFSA and the IRS: Timing is important when applying for financial aid
Every year, students across America who hope to receive federal financial aid for college must apply for it by filling out a FAFSA, the Free Application for Federal Student Aid. This year, the timing is a little more difficult than usual.
February 23, 2013
2013 Mileage Rate for Business Travel Deduction – IRS
The standard mileage rates for business travel expenses for 2013. Also, medical mileage rates, moving driving rates, and charitable driving rates for deduction purposes.
February 22, 2013
Bank tellers sentenced for cashing fraud-based IRS tax refund checks
Three people involved in a fraudulent tax-refund scheme were sentenced Thursday in federal court in Orlando for conspiring to defraud the government.
February 22, 2013
Texas lawyers invested millions in unqualified tax shelters
Three Texas personal injury lawyers will have to pay up after a tax court decided yesterday that they invested hard-earned fees in tax shelters that couldn’t pass the Internal Revenue Service’s smell test.
February 22, 2013
Virginia CPA, company in IRS hot seat for not remitting payroll taxes
Greg Moore and Irvin "Jim" Jones Jr. have been friends for more than 40 years. For most of the past 10 years, they worked together at Jones' business, which performed inventory services for large companies.
February 22, 2013
Intuit reports early tax season results: TurboTax unit growth accelerating since Jan. 30
Company Reiterates Full-year Revenue Guidance