February 14, 2013
Ohio Governor wants tax on newspapers
Ohio Gov. John Kasich's new tax overhaul plan, which includes expanding sales taxes to services like tax preparation, accounting and legal services, would also apply sales taxes to newspapers.
February 14, 2013
$3B budget surplus for January
The United States posted a $3B federal budget surplus for the month of January, marking the first surplus in about five years.
February 14, 2013
ObamaCare: Cost of insurance in California health exchange
Paving the way for the 2014 opening of California’s online insurance marketplace, officials on Wednesday rolled out the standard benefits that must be included in each policy and detailed what policies would cost for all those eligible for federal subsidies. A married couple with an annual income of $62,040, for instance, would pay $491 a...…
February 14, 2013
New York payroll provider gets 30 months in prison
A man who was supposed to pay federal income taxes on behalf of several small business owners but didn't is going to prison for up 30 months.
February 13, 2013
Shorter tax filing season has some tax preparers scrambling, taxpayers waiting on income tax refunds
Tax preparers across the country are quickly getting into the busy time of the year: Tax season.
February 13, 2013
Pennsylvania lawyer indicted for tax evasion
A federal grand jury indicted the legal advocate for children in Lackawanna County, Pennsylvania on charges of tax evasion and filing two false federal income tax returns stemming from her failure to report payments she received from parents.
February 12, 2013
Pennsylvanians want private business alcohol sales
Pennsylvania voters want the state to privatize the sale of wine and liquor. That's the result of a new survey by the Commonwealth Foundation.
February 12, 2013
Oklahoma income tax collections up 10%
Rising income tax receipts helped lift Oklahoma tax revenue collections in January to 10.2 percent more than the same month a year ago, state finance officials said Tuesday.
February 12, 2013
CPA Select for TurboTax is also good for CPAs
TurboTax this year unveiled a product called CPA select. While this has some benefits for consumers who want a CPA to do their taxes but don’t want to guess at what the cost will be, there are some benefits for up-and-coming CPA firms as well:
February 12, 2013
Small business owners slightly more optimistic
Small-business owners were slightly more optimistic about the economy last month but their outlook remained poor, according to a private survey released Monday.
February 12, 2013
24 more states considering sales tax on accounting and tax services in 2013
The AICPA's Advocacy program states that as many as 24 states "anticipate that their 2013 legislature will consider a proposal to tax accounting services."
February 11, 2013
Pennsylvania property tax, rent rebate program applications now available
The rebate program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded.