April 25, 2014
Optimism in the economy among U.S. business leaders reached its highest level since 2004, according to the latest data from the Grant Thornton International Business Report (IBR), a survey of more than 3,300 business leaders in 45 countries. In first quarter 2014, optimism among U.S. business leaders rose 30 percentage points to a net balance…
April 23, 2014
United States Senators John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.
April 22, 2014
The oil and gas industry creates about 49,000 jobs in Los Angeles County and billions in tax revenue in California. That's according to a new report conducted by the Los Angeles County Economic Development Corp. and commissioned by the trade group Western States Petroleum Assn., which takes a look at the role of oil and…
April 22, 2014
Treasury Secretary Jacob Lew will travel to Detroit later this week for talks with civic, business and nonprofit foundation leaders about how to help revitalize the bankrupt city.
April 22, 2014
House Republicans merged two pension bills Monday in a late effort to salvage House Speaker Will Weatherford's long-sought effort to close the Florida Retirement System to new employees and move them into a 401(k)-style investment plan.
April 18, 2014
Connecticut added 4,900 jobs in March, with restaurants, bars and hotels accounting for 2,200 of that figure and stores adding another 1,700, the state Department of Labor reported Thursday.
April 18, 2014
A new Wisconsin law expanding tax exemptions for updating agricultural businesses such as feed mills "essentially levels the playing field for local companies and farmers," said Senate co-sponsor Jennifer Shilling, D-La Crosse.
April 17, 2014
With the potential of a national sales tax coming, the prospect of trying to comply with many states and local sales tax regulations could be a nightmare for small companies who sell things over the internet. Fortunately, small online businesses and ecommerce sellers now have access to a free sales tax reporting system from Avalara.
April 17, 2014
A partner with the accounting firm Marcum LLP has been selected to co-chair the 2014 AICPA/AAML National Conference on Divorce. Sharyn Maggio, an Advisory Services Partner in the Roseland and Neptune, NJ, offices of Marcum will lead the the biennial conference of the leading organizations for CPAs and divorce law practitioners. The conference will take…
April 16, 2014
The U.S. Treasury Department has released its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies, which addresses international economic and foreign exchange developments over the course of the second half of 2013, along with relevant data through end-March 2014.
April 16, 2014
Five years since the bottom of the Great Recession, stock prices are at record highs, business sentiment has improved and hiring appears to be accelerating. The annual survey of CEOs by PricewaterhouseCoopers (PwC) indicates that two-thirds of the chief executives polled plan to add employees this year. Meanwhile, the Minnesota economy is growing faster than…
April 16, 2014
Accounting offices across the country have started transitioning to offices that allow staff to work anywhere, anytime. This has led to many professionals “burning the midnight oil” to get more done at a time when everything else slows down.