Taxes
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
With shrinking funding, many state agencies going unaudited
Out of Mississippi's 120 state agencies, boards and commissions, dozens have gone years without a comprehensive state audit, including the Mississippi Department of Marine Resources, which went a decade without a full state review.
Money Laundering Gets Anti-Tax, Anti-Government Protester 8 Years in Prison
A member of an anti-government movement known as the "Sovereign Movement," has been sentenced to 98 months in prison, followed by three years of supervised release, for his role in a money laundering conspiracy.
Inflation adjustment raises IRS-allowed Health Savings Plan account limits
The IRS has released the 2014 inflation-adjusted amounts for health savings accounts (HSAs) in Rev. Proc. 2013-25.
IRS missing more offshore taxes than it’s collecting
In a recently released report to Congress, the U.S. Government Accountability Office (GAO) says that while the IRS has collected billions of dollars from offshore tax evasion, it may be missing even more.
New Jersey’s $1.8 billion Sandy recovery plan gets approval
Shaun Donovan, the U.S. Department of Housing and Urban Development secretary, joined Gov. Chris Christie on Monday to announce federal approval of the state's plan to spend $1.8 billion to rebuild after superstorm Sandy.
$520M Shortfall for Pennsylvania Budget
An estimate released Wednesday by the state's Independent Fiscal Office shows a $520 million shortfall between projected general fund revenues and Gov. Tom Corbett's proposed budget through the end of the next fiscal year.
Diebold cutting 700 jobs
Struggling Diebold Inc. started 2013 with one major job cut -- that of now former Chief Executive Officer Thomas Swidarski.
IRS Digging into Taxpayer Holdings in Caribbean Banks
A federal court in San Francisco has granted an order authorizing the U.S. Internal Revenue Service (IRS) to serve a summons seeking information about US taxpayers who may hold offshore accounts with FirstCaribbean International Bank (FCIB), a subsidiary of Canadian Imperial Bank of Commerce.