May 29, 2013
IRS watchdog says agency staff are misusing travel cards
Although the Internal Revenue Service’s (IRS’s) travel card program controls are generally effective, the agency needs to take more aggressive action to address card misuse.
May 28, 2013
Michigan Supreme Court justice sentenced to prison over real estate scam
There goes the judge... to prison. In a Michigan courtroom on Tuesday, former Michigan Supreme Court Justice Diane Hathaway was sentenced to one year and one day in prison and ordered to pay $90,000 in restitution.
May 27, 2013
Oklahoma tornado relief gets political
Oklahoma Governor Mary Fallin's administration rejected a plan to distribute debit cards worth $1,200 - funded with federal money - to tornado-stricken families early this week after determining that more traditional efforts were meeting the affected area's needs.
May 26, 2013
Major property tax cut in Iowa comes closer to passage
The Iowa Senate voted 43-6 Wednesday to pass a wide-ranging, historic tax relief package that will benefit all property classes, provide an estimated $120 credit to income taxpayers, and give a break to low-income working families.
May 24, 2013
Cities raising fees instead of taxes
Some municipalities along South Carolina's Grand Strand have begun to look at fee increases as a way to bolster revenue while keeping residents' property tax rates steady.
May 23, 2013
‘Tax Free New York’ offers 10 years of zero sales, property & business taxes
New businesses would operate completely tax free for 10 years, including no income tax for employees, as well as no sales, property or business taxes.
May 23, 2013
IRS places $170 million lien on Florida tribe for unpaid taxes on casino income
The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records.
May 23, 2013
New Decision Support Network Launched to Help Payroll Departments
Bloomberg BNA has launched the International Payroll Decision Support Network. This new membership-based service combines Bloomberg BNA's custom research offerings with a collection of new global payroll products and resources accessible to subscribers online.
May 22, 2013
Oklahoma tornado victims receiving help from across the U.S. and globe
It may be tax-deductible, but that's not why Americans give to charities that help other Americans hit by tragedies.
May 22, 2013
Top Business Execs Worried About Growing Regulations, Geopolitical Unrest, Global Economy
According to a new KPMG International survey report, regulatory pressure is consistently one of the biggest threats facing companies across industries, and the number one challenge facing financial services and energy and natural resources companies. Regulatory, namely government pressure to contain spending, was the top risk in health care.
May 22, 2013
Uncredentialed Ohio tax preparer guilty on 10 counts
A Columbus, Ohio, man was found guilty yesterday of 10 counts of preparing false tax returns.
May 22, 2013
Oklahoma churches and colleges offer relief to tornado victims
Fourteen-year-old Lizzy Jasper sat smiling in a chair just inside the front door to New Life Bible Church in north Norman Tuesday morning, where a homemade sign let folks know this was now a "Tornado Shelter."