April 30, 2013
Surviving the Storm: Accounting Firm Puts Disaster Recovery Plan to the Ultimate Test
Faced with power outages, client losses and homeless staff, how WithumSmith+Brown overcame Hurricane Sandy
April 25, 2013
Profits are easier when you take the T out of EBITDA
SeaWorld won't pay income taxes for years
April 23, 2013
TIGTA Finds Improvements Needed to Performance Measures for IRS Collection Program
The Treasury Inspector General for Tax Administration released a new report that showed several favorable trends among the IRS’s performance measures for its Collection Program. The performance measures help IRS managers make decision about how to fund and allocate resources to collect the estimated $360 billion from taxpayers who owe but have not paid taxes...…
April 22, 2013
Bookkeeper charged with theft of $170,000; Allegedly used money for breast implants
Woman bought breast implants after stealing $170,000 from employer, deputies say.
April 22, 2013
Survey shows half of U.S. high school seniors don’t understand cost, terms of college student loans
Credit Union Survey Suggests Future College Graduates Will Face Massive Unintended Debt
April 20, 2013
Construction up 9.8% in Major California Cities
Quarter-Over-Quarter Private and Public Construction Activity Jumped 22.4%
April 16, 2013
Tax preparer, a former IRS agent, gets 24 years for defrauding clients and attempted murder
A former IRS agent who opened a tax preparation business was sentenced Friday to nearly 24 years in prison for defrauding clients out of more than $11 million and then attempting to hire a hit man to kill four of them.
April 16, 2013
Congress considering bills to protect against tax fraud and ID theft
Lawmakers renew push for legislation to prevent $5 billion tax ID fraud
April 12, 2013
Licensing Tax Preparers: It’s necessary, and it’s going to happen soon
More than half of all tax returns filed with the Internal Revenue Service are prepared by professionals. That’s a substantial number of returns, so it is sad to see the number of preparers who make significant errors.
April 12, 2013
$19 million in grants for SBA Resource Partners to support Hurricane Sandy small business recovery
April 11, 2013 — Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation. Small businesses can take advantage of free expanded counseling, training and technical assistance from the U.S....…
April 11, 2013
Boy Scouts may risk loss of tax exemption in California
Some California lawmakers seeking to pressure the Boy Scouts of America to abandon its ban on openly gay members are taking a novel approach: They are threatening to strip the organization of its state tax exemption.
April 10, 2013
ID Theft and Tax Fraud Prevention Act proposed to protect taxpayers
The U.S. Senate Special Committee on Aging on Wednesday will delve into ways to combat one of the fastest growing scams - identity thieves claiming other people's refunds.