Taxes

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 Treasury Dept. Urges Congress to Raise Debt Limit

February 4, 2014 

Treasury Dept. Urges Congress to Raise Debt Limit

Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly.

 CBIZ Acquires Non-Attest Business of Tampa Accounting Firm

February 3, 2014 

CBIZ Acquires Non-Attest Business of Tampa Accounting Firm

Accounting and business process outsourcing firm CBIZ has announced that it acquired the non-attest business of Tampa, Florida-based Lewis, Birch & Ricardo, L.L.C., effective February 1, 2014. The firm's attest business is being acquired by Mayer Hoffman McCann P.C. CBIZ Inc. and Mayer Hoffman McCann P.C. said they will operate using an alternative practice structure.

 Ohio Ranks Among Worst for Personal Finances

February 3, 2014 

Ohio Ranks Among Worst for Personal Finances

Financial security remains elusive for almost half of Ohio households, which often are one medical issue, pink slip or other crisis away from plunging into severe poverty, according to a new report from the Corporation for Enterprise Development.

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January 31, 2014 

The NFL is Tax-Exempt? Congressman Seeks Change in Tax Law

On the Wednesday before Super Bowl XLVIII between the Seattle Seahawks and the Denver Broncos, some in Congress question whether the league that runs the most-watched American sport, which generates as much as $9 billion in revenue each year, is deserving of its nonprofit, tax-exempt status.

Isaac M. O'Bannon

 New Hampshire Considers Taxing Nonprofit Hospitals

January 31, 2014 

New Hampshire Considers Taxing Nonprofit Hospitals

An analysis of charity care at the state's 24 nonprofit hospitals, conducted in cooperation with the New Hampshire Hospital Association, shows that hospitals here are more charitable than the national average and less profitable, although there are wide variations from one New Hampshire hospital to another.

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January 29, 2014 

Common Financial Scams Target Seniors

A 75-year-old Aiken, South Carolina woman on recently wired her grandson $1,300 for bond after he was arrested in Mexico for drug possession. The only problem is, it wasn't her grandson -- it was a scammer cheating the woman out of money.

 How Accounting Firms Can Protect Against Identity Theft

January 28, 2014 

How Accounting Firms Can Protect Against Identity Theft

In the wake of the recent identity theft of some 40 million accounts from retail merchant Target, and the potential for massive theft from the health care exchanges set up under the Patient Protection and Affordable Care Act (ACA), consumers are again left bewildered -- and looking for someone to take the lead in crafting…

Dave McClure

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January 27, 2014 

H&R Block Stops Income Tax Ads on Dollar Bills After Complaints

The tax preparation company has been handing out real dollars bearing its marketing message for this year's tax season. There's a toll-free phone number to call Block, a Web address and even a footnoted disclaimer that not everyone gets a tax refund.