January 16, 2013
School cafeteria worker accused of stealing $8,000 in lunch money
A former cafeteria manager at an Oklahoma elementary school is accused of stealing more than $8,000 in lunch money during the last school year.
January 16, 2013
Accounting firm helping investigate alleged cheating in Texas school district
The district's school board has sought the forensic audit capabilities of Weaver LLP's El Paso office. The public accounting firm is one of the largest in regioinal, independent firms in the Southwest.
January 15, 2013
Virginia unemployment insurance taxes to dip
Taxes for the Virginia unemployment insurance benefits are set to decline this year for the first time since the recession hit.
January 15, 2013
Alleged tax fraud and pyramid scheme at core of Conn. gifting table case
With a trial in set to begin on Jan. 24 over a "Women's Gifting Table," attorneys and a judge in Hartford, Connecticut discussed on Monday the jury selection process and admissible testimony.
January 15, 2013
Former CPA and IRS agent still challenging tax authority of U.S. after prison
Former IRS Agent and Certified Public Accountant Sherry Peel Jackson, who spent nearly four years in prison for failing to file her income tax returns, chose her words carefully while speaking to an anti-tax group on Monday night.
January 15, 2013
Massachusetts business owner pleads guilty to $2M IRS fraud
A Massachusetts man was convicted today of defrauding the Internal Revenue Service out of nearly $2 million by lying on corporate tax forms about how many workers he employed, according to the U.S. Attorney's Office.
January 15, 2013
Boston Fed chief: Economy needs stimulus
Boston Fed chief Eric Rosengren painted a generally encouraging picture for the U.S. economy, noting "signs of underlying strength" despite lingering fiscal uncertainty as the calendar flipped to 2013.
January 15, 2013
High tech medical companies applaud return of R&D tax credit
For more than a decade, hospitals all over the world have depended on medical instruments developed by Camarillo, California-based Kinamed Inc.
January 14, 2013
Tips for businesses to avoid embezzlement
Accountants and business leaders say small businesses can take steps to protect themselves from employee theft. Good accounting practices are a must.
Payroll January 14, 2013
End of Payroll Tax Cut to Affect Workers and Retailers
From Jan. 2013 - The end of the 2 percent payroll tax cut, a provision in Congress' fiscal cliff deal, will be felt by most wage earners, and the local businesses those workers shop at.
January 14, 2013
Illinois CPA faces 40-count federal indictment for wire fraud, money laundering
A southeastern Illinois accountant faces a 40-count federal indictment alleging that he stole more than $1.5 million from an elderly client and used the money on personal expenses.
January 12, 2013
Pennsylvania Income Tax E-Filing Underway
Pennsylvania residents who file personal income tax returns were able to begin filing electronically for the 2012 tax year this week, despite the delay until Jan 30 for federal 1040 returns. Taxpayers using the combined Federal/State e-file service will need to wait until the end of the month.