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
Dell settles class action suit over sales tax on service contracts in Calif.
Landmark Class Action Settlements Result In Over $275 Million Availabe For Refunds To California Taxpayers For Sales Taxes Improperly Collected On Dell Service Contracts.
Boston Fed chief: Economy needs stimulus
Boston Fed chief Eric Rosengren painted a generally encouraging picture for the U.S. economy, noting "signs of underlying strength" despite lingering fiscal uncertainty as the calendar flipped to 2013.
High tech medical companies applaud return of R&D tax credit
For more than a decade, hospitals all over the world have depended on medical instruments developed by Camarillo, California-based Kinamed Inc.
Tips for businesses to avoid embezzlement
Accountants and business leaders say small businesses can take steps to protect themselves from employee theft. Good accounting practices are a must.
Connecticut couple charged with evading taxes for 18 years
A husband and wife from Brooklyn, Conn., have been charged by federal prosecutors with conspiracy to defraud the Internal Revenue Service and four counts of tax evasion.
End of payroll tax cut to affect workers and retailers
The end of the 2 percent payroll tax cut, a provision in Congress' fiscal cliff deal, will be felt by most wage earners, and the local businesses those workers shop at.
Illinois CPA faces 40-count federal indictment for wire fraud, money laundering
A southeastern Illinois accountant faces a 40-count federal indictment alleging that he stole more than $1.5 million from an elderly client and used the money on personal expenses.
Pennsylvania Income Tax E-Filing Underway
Pennsylvania residents who file personal income tax returns were able to begin filing electronically for the 2012 tax year this week, despite the delay until Jan 30 for federal 1040 returns. Taxpayers using the combined Federal/State e-file service will need to wait until the end of the month.