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.
January 1, 2014
San Jose Minimum Wage Rises to $10.15 Per Hour
Even as California and the rest of the nation move toward raising the minimum wage to $10 an hour, San Jose's lowest-paid workers are about to get even bigger paychecks and should continue to earn more than their peers for years to come.
December 30, 2013
FASB & PCC Issue Private Company Framework, Definition of Public Business Entity
The Definition of a Public Business Entity will be used by the FASB, the PCC, and the Emerging Issues Task Force (EITF) to determine the scope of new accounting and reporting guidance and to identify the types of companies that are excluded from the scope of the Guide.
December 30, 2013
Florida Lawyer Guilty of Filing False Tax Returns
Prominent Miami criminal defense attorney Larry Handfield, the former chairman of the Public Health Trust, Jackson Health System's governing board, has quietly pleaded guilty to filing false tax returns.
December 27, 2013
Non-Credentialed Tax Preparers in Minneapolis Charged with ID Theft, Tax Fraud
Four tax preparers in Minneapolis and Brooklyn Center have been indicted on 63 counts of identity theft, conspiracy and tax fraud.
December 27, 2013
After-School Program Teaches High School Students How to Start a Business
A new after-school program at Hayward Middle School in Springfield, Ohio, will continue next semester and might expand next year, according to Springfield Christian Youth Ministries Executive Director Faith Bosland.
December 26, 2013
Ohio Minimum Wage Goes Up On Jan. 1
Ohio's 330,000 minimum wage workers will see their pay climb 10 cents to $7.95 an hour beginning Jan. 1 when the automatic hike takes effect. Minimum wages for tipped workers will get a 5 cent bump to $3.98 an hour.
December 26, 2013
End of Federal Income Tax Deduction Could Hurt State Budgets
States could see reduced consumer spending in 2014 if a federal tax deduction is allowed to expire.
December 26, 2013
Mass Transit Tax Credit to Shrink in 2014
WASHINGTON — Thousands of Maryland bus and MARC train riders could pay more for their commute starting in January after Congress failed to renew an expiring tax credit that rewards mass transit use. Current federal law allows bus and rail commuters to withhold up to $245 a month in pre-tax income. The cap falls to...…
December 24, 2013
Report Shows U.S. Homes Up Nearly 8% in 2013; Largest Gain Since 2005
Total Value of U.S. Housing Stock Jumps for Second Straight Year; Almost Half of Cumulative Value Lost Between 2007-2011 Has Been Recovered, According to Zillow