December 18, 2012
Church’s former business manager charged with embezzlement, 8 felonies
The former business manager of a prominent Edmond church was charged Monday with eight felony counts, authorities said.
December 17, 2012
Guide to giving year-end gifts to charities
As the end of December closes in, many people's holiday ritual includes pulling out the checkbook and a list of charitable organizations they support year after year. Besides helping those in need, the gifts translate to deductions on next spring's tax return.
December 13, 2012
Tennessee tax preparer loses firm; Accused of investment fraud scheme
A Tennessee tax preparer in the city of Soddy-Daisy will will lose his firm in the first step by bankruptcy trustee Jerry Farinash to track down millions of dollars of investors' money that has disappeared.
December 13, 2012
Landscaping business owner sentenced for bankruptcy fraud
An owner of a Lakewood, New Jersey, landscaping business has been sentenced to 18 months in prison for concealing assets in connection with his November 2008 bankruptcy petition, authorities said.
December 13, 2012
Police board wants cop suspended for alleged tax scam
A police board found officer Elaine Thomas, a 15-year veteran of the force, guilty Wednesday of an alleged tax scam and recommended that she be suspended for 30 days without pay.
December 12, 2012
Premier of Cayman Islands arrested for financial crimes
The premier of the Cayman Islands, McKeeva Bush, 57, was arrested early Tuesday morning and detained in police custody in connection with a number of ongoing police investigations.
December 12, 2012
What the 2013 Fiscal Cliff Means for Employers and Job Seekers – A Call to Action for Accountants
The "fiscal cliff" looms over the minds of business investors as Bush era tax cuts are scheduled to expire soon. Among other things, this could mean an increase of $2000 in income taxes for middle class families.
December 5, 2012
Tips for Navigating 2012 W-2 & 1099 Changes
Avoid penalties, improve compliance and know the important changes for the 2012 year-end
December 5, 2012
Blackbaud Index Shows Charitable Giving Down
The most recent Blackbaud Index of Charitable Giving shows that charitable giving decreased 3.8% for the three months ending October 2012 as compared to the same period in 2011.
December 3, 2012
Fiscal cliff makes 2012 a challenge for tax planning
In more than 35 years as a certified public accountant, Greg Sevier said this year has probably been the most challenging one in which to do tax planning for clients.
December 2, 2012
CPA gets 4.5 year prison sentence in fraud case
A certified public accountant and purported outside auditor for Provident Capital Indemnity Ltd. was sentenced in Richmond, Va., to 54 months in prison for his role in an approximately half-billion-dollar fraud scheme that affected more than 3,500 victims throughout the United States and abroad
November 13, 2012
1099 Contractor Payroll Software Introduced by PayrollMate.com
The new software module is designed to provide U.S. businesses with the tools they need to pay 1099 contractors and non-employees, to prepare vendor accounting reports, and comply with IRS rules and regulations relating to vendors and independent 1099 contractors.