Taxes
Latest News
IRS-CI Releases Its FY 2024 Highlight Reel
AICPA Releases Statement on BOI Injunction, FinCEN Appeal
PCAOB Says Audit Firm Culture is Tied to Audit Quality
PCAOB Punishes New York Audit Firm, Three Partners for Deceiving Inspection Staff
Vacation home buyers need to consider hidden costs: Property and State Taxes, Other Costs
People considering a vacation home need to consider other costs, like taxes.
California corruption trial – Fate of 6 former city leaders in hands of jury
Feb. 23 — Before jurors left the courtroom to deliberate, the prosecutor took a final shot at the six former City Council members accused of corruption. “The one-percenters of Bell,” he called them, a band of small-town politicians who had “apparently forgotten who they are and where they live.” After four weeks of testimony, a […]
Virginia state senate approves Medicaid changes to budget
The Virginia State Senate voted 31-8 on Friday to approve amendments to the state’s two-year budget, including language to allow Medicaid expansion pending reforms in the state’s program. Twelve senators lodged a protest against the Medicaid language after Lt. Gov. Bill Bolling ruled that it could not be separated from the budget for a separate […]
Payroll tax hike hurting casino revenue
Declining take-home pay, gambling machines in Illinois bars and financial uncertainty at the federal level were among the factors to hurt business at the Wild Rose Casino and Resort last month, according to general manager Tim Bollmann.
Restaurant group owes IRS $2.2 Million
A Lancaster, Pennsylvania restaurant company is facing mounting tax bills, which have grown to more than $2 million. The Keares Restaurant Group now has $2.2 million in federal tax liens for unpaid taxes, penalties and interest on several businesses, some that have been closed for more than 10 years. The recently filed liens include: $932,680 […]
Student Loans, FAFSA and the IRS: Timing is important when applying for financial aid
Every year, students across America who hope to receive federal financial aid for college must apply for it by filling out a FAFSA, the Free Application for Federal Student Aid. This year, the timing is a little more difficult than usual.
2013 Mileage Rate for Business Travel Deduction – IRS
The standard mileage rates for business travel expenses for 2013. Also, medical mileage rates, moving driving rates, and charitable driving rates for deduction purposes.
Bank tellers sentenced for cashing fraud-based IRS tax refund checks
Three people involved in a fraudulent tax-refund scheme were sentenced Thursday in federal court in Orlando for conspiring to defraud the government.