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.
February 10, 2013
Former NY State Senator pleads guilty to fraud conspiracy
Former New York State Senator Shirley Huntley has pleaded guilty to conspiracy to commit mail fraud.
February 10, 2013
Groups accused of mortgage fraud and “forensic audit” scam reach settlement agreement
The Federal Trade Commission has announced that the defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.
February 9, 2013
Taxing tax prep and accounting? New Ohio bill would expand sales tax to nearly all services
As a part of his broader attempt to overhaul the tax system in his state, Ohio Governor John Kasich's plan would expand sales taxes to virtually all services that are currently not subject to sales tax under state laws.
February 9, 2013
11 indicted for filing taxes for 2,700 dead people
A South Florida ring accused of plotting to fleece $34 million from the U.S. government by filing phony tax returns in the names of thousands of dead people was indicted this week.