Income Tax

It's no secret that professional athletes can earn big paychecks. But in most cities and states they visit, they leave little pieces of them behind.

More than half of all tax returns filed with the Internal Revenue Service are prepared by professionals. That’s a substantial number of returns, so it is sad to see the number of preparers who make significant errors.

Every tax professional, most small business owners and a good number of other taxpaying Americans know that last-minute changes to the tax code this year resulted in a delayed tax filing season.

Complexity and inconsistency within the tax code continue to be a major problem for small businesses, and one-in-four report spending 120 hours or more per year on the administration of federal taxes—three full work weeks!

The U.S. Justice Department has long had an eye on Mo' Money and the tax preparation business. The focus intensified last year after hundreds of Mo' Money clients in several states alleged bounced checks, excessive fees and the failure of the business to pass along IRS refunds.

Intuit Recognized as One the Best Workplaces in Canada

A recent survey conducted by the Oregon Bankers Association shows that banks in the state extended more than $61 billion in total credit in 2011, with $2.7 billion dollars in loans to Oregon small businesses.

The human resources manager for a major Milwaukee scrap recycling company has been charged with embezzling more than $1 million from the company over the past six years.