January 20, 2014
Tax Preparers Unprepared for Data Loss, ID Theft Incidents
I visited Arizona last summer, where the temperatures hit 119 degrees in the afternoon and didn’t much cool at night. They call it “dry heat.” I called it Apache Territory.
January 18, 2014
The Income Tax Return Race Begins for Free Filers
The IRS recently said that the 2014 tax filing season for individual returns won’t kick off until January 31, a delay of ten days due to the government shutdown last October. But taxpayers using the IRS’ Free File program can still get a head start.
January 18, 2014
Three Florida Men Plead Guilty to $7 Million Tax Refund Fraud, ID Theft
Three more suspects pleaded guilty in federal court in Miami Friday for their roles in a $7 million scheme that used the identities of dead people to file fraudulent income tax refund claims, U.S. Attorney Wifredo A. Ferrer said.
January 16, 2014
Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners
A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."
January 15, 2014
Ohio Accounting Firm Announces Name Change
The Ohio-based accounting and consulting firm Howard, Wershbale & Company, one of the top 200 accounting firms in the U.S., has announced that it is finished its rebranding as HW&Co.
January 12, 2014
Pennsylvania Tax on Gas Wholesalers Bumps Up Prices
The price of gas jumped about nine cents per gallon in the first week of 2014, prompting several analysts to conclude that the state's newly increased wholesale gas tax trickled down to consumers.
January 12, 2014
Volunteer Firefighters Exempted from IRS Healthcare Requirements
Volunteer firefighters and the departments that rely on them will be excluded from the employment requirements under the Affordable Care Act, the Treasury Department announced on Friday, Nov. 10.
January 10, 2014
20-24 Year-Olds Have Less Debt Than Older Millennials
Millennials are often lumped together, but the financial realities and habits of the 20-24 year-old set are very different from their older peers, according to data from PNC's Financial Independence Survey.
January 9, 2014
NSA Offers 1040 Prep Course for Tax Year 2013
Training course features diagrams, examples and case studies that differentiate it from other courses
January 9, 2014
California Job Opportunities Increasing
In a possible sign of better things to come, California saw solid gains in job vacancies advertised online in December, according to the latest statistics from the Conference Board.
January 8, 2014
Cincinnati-based Accounting Firm Grows Through Acquisition
Cincinnati-based accounting and consulting firm Flynn & Company, Inc. has acquired Shoemaker & Company, Inc., the companies have announced. Shoemaker is also based in Ohio. The acquisition was finalized on December 24, 2013.
January 3, 2014
Billionare Claims ‘Unhappy’ Childhood During Tax Evasion Sentencing
Beanie Babies creator Ty Warner, who in October pleaded guilty to tax evasion, said that he should receive probation when he is sentenced by a federal judge later this month.