February 5, 2014
Debunking Common Income Tax Myths
It's tax time, and that means busy days for many tax professionals, and many errors and mistakes by individuals who choose to prepare their own taxes.
February 5, 2014
Intuit Helps Department of Education Promote Student Loan Repayment Options
Most student loan borrowers are, because of their status as students, younger consumers with less experience in finances and repaying loans. As a result, many end up agreeing to large loan balances during their educational career, but don't necessarily have a plan for how they will pay those loans back.
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.
February 4, 2014
App Lets Users Instantly Check Income Tax Refund Status
IRS2Go 4.0, the latest version of the Internal Revenue Service's mobile app, was released today. The version includes new features that are available in Spanish and English.
February 4, 2014
Identity Theft Risk Increases During Tax Season
With tax season upon us, the most common form of identity theft has been popping up, officials warn.
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.
February 3, 2014
Real Estate Professionals Optimistic on Home Sales Growth
Home sales increased in December, and housing professionals say the market is moving in the right direction. Residential building permits also rose for the year just ended.
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.
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.
January 31, 2014
Tax season scams that tax preparers need to worry about
The last thing you need in the middle of tax season is to be hit by scammers trying to plant malware on your computer and force you to make payments to them.
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.
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.