Taxes
How to be safe from debit card fraud
Lisa Rokusek, who lives in the Carondelet neighborhood, got a call from Visa's fraud department on a Sunday night last month. The caller said $1,371 had been wired from her account at Pulaski Bank via Western Union. Did she know that?
Worker Classification Settlement: IRS offers relief to employers from past payroll taxes
The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP), paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their workers as employees for future tax periods.
Income Tax 2013: CPAs share the strangest income tax deductions
The Minnesota Society of Certified Public Accountants (MNCPA) recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Responses included everything from swimming pools and manicures to poodles and non-existent children.
Porte Brown staff member earns Certified Divorce Financial Analyst designation
Edward Hrunek, CDFA recently completed a specialized educational program in professional divorce financial analysis and is now a Certified Divorce Financial Analyst (CDFA).
The Sequester and the IRS: Will income tax refunds be delayed?
With tax refunds averaging around $3,000, a potential IRS delay in the processing of refund checks can cause hardship, particularly if those awaiting the refund already made plans for use of the funds.
It’s “America Saves Week”: Financial professionals offer tips on saving
Hundreds of not-for-profit organizations, financial institutions, government agencies and financial professional groups have joined together to support America Saves Week from Feb 25 through March 2, 2013.
A World of Opportunity for accounting firms considering growth
Firms seeking higher revenue in a tight, competitive US economy may look to global growth as a strategic next step. But along with opportunity, global expansion can also bring cost and complexity.
U.S. Income Tax turns 100, Comparing 1913 to 2013 income tax rates
Taxes used to be a lot simpler: The ratification of the Sixteenth Amendment, which established the modern federal tax law, was proclaimed 100 years ago on February 25, 1913.