Taxes July 25, 2025
IRS Sets July 29 Deadline to Revalidate Business Tax Account Access
Business Tax Account designated officials must revalidate their accounts by July 29 in order to maintain access, the IRS said on Wednesday.
February 13, 2013
Tax calculator speeds preparation of Form 8941 for small business tax credits
The online calculator tool is works for all 50 states for calculating lines 1-14 of the 2012 IRS Form 8941 for the tax preparer.
February 13, 2013
Illinois company gives employees ‘cost of government’ raises
What the government taketh away, one area company decided to replace.
February 12, 2013
Oklahoma income tax collections up 10%
Rising income tax receipts helped lift Oklahoma tax revenue collections in January to 10.2 percent more than the same month a year ago, state finance officials said Tuesday.
February 12, 2013
CPA Select for TurboTax is also good for CPAs
TurboTax this year unveiled a product called CPA select. While this has some benefits for consumers who want a CPA to do their taxes but don’t want to guess at what the cost will be, there are some benefits for up-and-coming CPA firms as well:
February 12, 2013
N. Dakota House votes against suspending state income tax
A bill in the North Dakota state legislature that would suspend the state's income tax has failed in committee.
February 12, 2013
Small business owners slightly more optimistic
Small-business owners were slightly more optimistic about the economy last month but their outlook remained poor, according to a private survey released Monday.
February 12, 2013
Hawaii man pleads guilty to falsely claiming $4M tax refund
A man who cashed an income tax refund check for nearly $4 million pleaded guilty in U.S. District Court on Monday to making a false claim against the IRS and to filing fraudulent, retaliatory liens against two federal judges and two federal prosecutors after his indictment for the false tax return.
February 12, 2013
Federal court jury finds CPA guilty in $40 million scheme
An Ohio CPA was found guilty by a federal jury for leading a financial scam that took more than $40 million from investors in Ohio, North Carolina and Virginia.
February 11, 2013
$650,000 Medicare fraud results in three convictions in N.C.
A Charlotte, North Carolina, woman has been convicted in federal court jury of a Medicare fraud scheme that cost the government at least $650,000, prosecutors say.
February 11, 2013
North Carolina bookkeeper sentenced to 15 years for embezzlement
A woman who was convicted of stealing more than $800,000 from a local drug store has been sentenced to serve at least 15 years in prison.
February 11, 2013
A good market for CPAs: NYC suburb has most high income households
The combined cities of Bridgeport, Stamford and Norwalk, Connecticut, within commute distance of New York City, has the nation's highest percentage of households with high income at 17.9 percent, according to a report from the U.S. Census Bureau.
February 11, 2013
Pennsylvania property tax, rent rebate program applications now available
The rebate program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded.