Taxes

Featured Articles

 Accounting Firm Celebrates 40th Anniversary

March 23, 2014 

Accounting Firm Celebrates 40th Anniversary

The accounting profession has seen revolutionary change since 1974. Yet, even as the professionals at WithumSmith+Brown, PC (WS+B), Certified Public Accountants and Consultants, are knee-deep in 1120s and 1040s for this year's tax season, they will carve out a little time to help celebrate the firm’s 40th anniversary on March 21.

taxes1

March 23, 2014 

The Biggest Tax Mistakes for Small Businesses

There are strategies that these business owners can take to help alleviate many of these tax time woes, and a big one is by staying in more frequent contact with their accountant. That's according to a new nationwide survey of accounting professionals.

Isaac M. O'Bannon

 N.Y. Town Clerk Accused of Embezzling $117K

March 20, 2014 

N.Y. Town Clerk Accused of Embezzling $117K

New York state police, based on information developed by a state comptroller's audit, have arrested a former clerk/treasurer of the now-dissolved village of Altmar, Oswego County, and charged her with embezzling $117,615 in village funds.

 8 Common 1031 Property Exchange Mistakes

March 18, 2014 

8 Common 1031 Property Exchange Mistakes

A 1031 exchange is a swap of one business or investment asset for another without tax. Right? Sure, but there are very specific rules and conditions and if, like many investors, you make one of these common mistakes, you could be paying a significant penalty.

 Don’t Miss These Six State Income Tax Items

March 18, 2014 

Don’t Miss These Six State Income Tax Items

State income taxes are often overlooked by the general public, but professional tax return preparers should not make the same mistake. Nevertheless, it is easy to miss tax benefits or liabilities associated with state income taxes, especially as they relate to federal Form 1040.

Ken Berry, JD

 The Biggest Tax Mistakes for Small Businesses

March 18, 2014 

The Biggest Tax Mistakes for Small Businesses

There are strategies that these business owners can take to help alleviate many of these tax time woes, and a big one is by staying in more frequent contact with their accountant. That's according to a new nationwide survey of accounting professionals.

 New Jersey Lawyer Sentenced to 6 Months for Tax Evasion

March 17, 2014 

New Jersey Lawyer Sentenced to 6 Months for Tax Evasion

U.S. District Judge Freda L. Wolfson imposed the prison term on Gottesman and also ordered that he be placed on supervised release for three years when he gets out of prison and that he pay $27,385 owed to the IRS. That amount represents taxes Gottesman owes from 2006 to the present, according to Fishman.

 Indiana Cracks Down on Sales Tax Violators

March 17, 2014 

Indiana Cracks Down on Sales Tax Violators

Businesses that fail to pass along sales taxes collected from customers to the state could be next in line for the Indiana Department of Revenue's ramped-up enforcement efforts.

Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more...