Income Tax

 Tips for Fraud Prevention in 2014

December 30, 2013 

Tips for Fraud Prevention in 2014

With fraud costing entities around the globe an estimated 5 percent in lost revenues, the world’s largest anti-fraud organization urges business owners and managers to make fraud prevention one of their top new year’s resolutions for 2014.

 How to Avoid Common Mistakes When Giving to Charities

December 30, 2013 

How to Avoid Common Mistakes When Giving to Charities

Writing a check to a charity can be easy, but tax laws can sometimes be challenging. Here are some tips to remember when doing some last-minute donating and what to remember when preparing the paperwork.

 Florida Lawyer Guilty of Filing False Tax Returns

December 30, 2013 

Florida Lawyer Guilty of Filing False Tax Returns

Prominent Miami criminal defense attorney Larry Handfield, the former chairman of the Public Health Trust, Jackson Health System's governing board, has quietly pleaded guilty to filing false tax returns.

 New Laws in Nevada Include Tax Credits, Driver’s Licenses, Transportation

December 28, 2013 

New Laws in Nevada Include Tax Credits, Driver’s Licenses, Transportation

People living in the United States illegally will qualify for a Nevada driver's privilege card, filmmakers who produce in Nevada will be eligible for a tax credit, motorists in Clark County will pay an additional 3.4 cents for a gallon of gasoline, and thousands will have health insurance coverage under a new federal law managed…

 Ohio Minimum Wage Goes Up On Jan. 1

December 26, 2013 

Ohio Minimum Wage Goes Up On Jan. 1

Ohio's 330,000 minimum wage workers will see their pay climb 10 cents to $7.95 an hour beginning Jan. 1 when the automatic hike takes effect. Minimum wages for tipped workers will get a 5 cent bump to $3.98 an hour.

 Mass Transit Tax Credit to Shrink in 2014

December 26, 2013 

Mass Transit Tax Credit to Shrink in 2014

WASHINGTON — Thousands of Maryland bus and MARC train riders could pay more for their commute starting in January after Congress failed to renew an expiring tax credit that rewards mass transit use. Current federal law allows bus and rail commuters to withhold up to $245 a month in pre-tax income. The cap falls to...…