Accounting
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
Senator opposes “tax” on crossing the U.S.-Canadian border
Will there soon be a entry fee charged on Canadians visiting the U.S?
Wells Fargo enhances small business lending and services
Bank, small business lender expands services as annual Small Business Appreciation Celebration begins.
IRS Admits Targeting Conservative Groups Before 2012 Election
In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.
Tax-exempt organizations face May 15 filing deadline or could lose status
A key deadline of May 15 is facing many tax-exempt organizations that are required by law to file annual reports with the Internal Revenue Service. Organizations will see their federal tax exemptions automatically revoked if they have not filed reports for three consecutive years.
April home foreclosures down 20% to lowest level since 2007
Fewer U.S. homes entered the foreclosure process or were repossessed last month, an indication the nation's foreclosure woes are waning. Nationally, home repossessions fell 20 percent in April from the previous month.
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New I-9 form has many small businesses unprepared
A printable version of the new I-9 form is available here. Employers across the United States face a deadline Wednesday that some may not know exists but that could prove costly if ignored.
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SEC charges Pennsylvania city with securities fraud
Federal regulators have accused fiscally beleaguered Harrisburg, Pa., of issuing misleading financial statements in what marks the second time just this year that a municipality or state has been charged with securities fraud.
New ‘Flex Reporting’ offers deeper financial insight for accounting & business management
Intacct has announced the availability of its new Intacct Flex Reporting, a set of capabilities that gives strategic finance teams the business insight to help guide their organizations to continued success.