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
NY Gov Cuomo offers $142 billion budget with education increases; Also aid for Sandy
Gov. Andrew M. Cuomo unveiled a $142.6 billion budget proposal Tuesday that includes about $4 billion in federal aid for superstorm Sandy recovery.
Payroll provider gets 15 years prison for employment tax fraud
A Winston-Salem, North Carolina, man was sentenced in federal court today to 15 years, five months in prison for employment tax fraud.
Minnesota to unveil state tax overhaul on Tuesday
Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal […]
29 year-old CPA is youngest in U.S. Congress; 10 CPAs Now in Congress
There are 10 Certified Public Accountants serving in Congress.
New Hampshire group suggests ‘cocktail tax’ to fund abuse programs
A social services advocacy group has released a study that says it might be time for New Hampshire to adopt a cocktail tax amounting to about 3 cents a drink.
Congress may consider online sales tax bill in 2013
A bipartisan group of U.S. Senators hope to accomplish is the passing of a bill that would better enable states to collect taxes on transactions.
Wind power still in limbo despite renewed tax break
After much dithering, Congress earlier this month gave a lift to wind-power producers by renewing a tax credit worth more than $12 billion over the next decade.
Michigan Supreme Court Justice charged with bank fraud
Michigan Supreme Court Justice Diane Hathaway, retiring Monday after accusations of fraudulent personal real estate dealings, now faces a federal bank fraud charge for allegedly transferring a home she owned in Florida to allow for the short sale of her home in Grosse Pointe Park.