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Boxer Mayweather and the IRS are even-steven

09/29/2009 - 12:40 - 901 reads

Just days ago, boxer Floyd Mayweather earned $10 million, plus pay-per-view percentages, when he fought Juan Manuel Marquez. But most of that giant purse will go to fulfill his back tax obligations.

A “true gentleman,” a generous donor, and a possible tax evader

09/29/2009 - 12:17 - 3778 reads

He was well known as a philanthropist, blessing numerous charities with tens of millions of dollars. What he had not done, however, was pay his federal taxes.

Survivor's Richard Hatch looking for a do-over on tax evasion sentence

09/29/2009 - 10:42 - 1547 reads

With just a few weeks to go in his prison sentence for tax evasion, Richard Hatch, the first winner of the reality television show Survivor, has managed to grab the spotlight, yet again.

Accountants divided on regulatory system overhaul plan

09/29/2009 - 10:13 - 876 reads

Coming off the heels of the one-year anniversary of the Lehman Brothers collapse, Ajilon Finance, a specialty finance and accounting recruitment firm...

AICPA: Proposed business tax filing requirement "extremely burdensome"

09/29/2009 - 03:48 - 2649 reads

Requiring business taxpayers to report payments over $600 to corporations would result in millions of additional 1099 Forms that are of “little value to the IRS.

Exemptions, standard deductions not expected to increase for 2010

09/25/2009 - 20:14 - 3825 reads

Taxpayers will reap little benefit from the indexing of many features of the tax code, according CCH's estimated income ranges for each 2010 tax bracket.

Girls Gone Wild's Joe Francis gets lighter sentence in tax evasion case

09/25/2009 - 12:09 - 2517 reads

After years of fighting the charges, Joe Francis appeared in a Los Angeles court this week and pleaded guilty to two misdemeanors.

Business travelers can be proactive and avoid security hassles

09/25/2009 - 10:23 - 1432 reads

Business travelers know that less time in airports means more time for work, so tricks to get through security quickly can be as important as any other on-the-job skill.

The latest travel gadgets make life easier for the road warrior

09/25/2009 - 10:07 - 2265 reads

Business travelers are always looking to avoid the many hassles they inevitably face in a day in the skies or on the road. Consider these tips from world-weary travelers,

RSM McGladrey opens new office in Atlanta

09/24/2009 - 02:02 - 905 reads - 1 comment

In a move designed to provide companies in the southeastern United States with greater access to its national resources and industry talent, RSM McGladrey has entered the Atlanta market by opening an office in midtown.

Carol Scott named AICPA vice president of business, industry and government

09/24/2009 - 01:59 - 827 reads

The American Institute of Certified Public Accountants has named Carol S. Scott as its new vice president – business, industry, and government.

Vrakas/Blum sponsors new business building at University of Wisconsin-Whitewater

09/24/2009 - 01:52 - 1259 reads

Brookfield, WI-based CPA firm, Vrakas/Blum has co-sponsored the construction of the new Hyland Hall, home to the University of Wisconsin-Whitewater’s College of Business and Economics.

Choosing a valuable domain name

09/24/2009 - 01:48 - 1555 reads - 1 comment

Purchasing a domain name for your firm, whether it be for a Website presence, professional e-mail, or both, could be one of the most valuable choices you make regarding your firm’s online presence.

Fortifying client relationships

09/24/2009 - 01:43 - 981 reads

Client retention is an essential ingredient for a solid marketing plan. Oftentimes, accounting firms get bogged down looking for new clients and miss important opportunities to serve their current client base.

AICPA: CPAs should be exempt from pending consumer financial protection legislation

09/23/2009 - 22:02 - 875 reads

The AICPA told a U.S. House panel that certified public accountants should be exempt from pending legislation to create a new Consumer Financial Protection Agency because CPAs are already highly regulated.

Mother Nature offers tips for nurturing NextGen staff members

09/23/2009 - 10:21 - 1317 reads - 1 comment

As a lover of horticulture, I see many parallels between the lessons I learn in my garden and those I learn in life.

Three years of skipping taxes sends former Mets pitcher Koosman to jail

09/22/2009 - 19:09 - 3464 reads

"A serious blemish on an otherwise outstanding life.” That’s what the judge said recently when she sentenced Mets pitcher Jerry Koosman to prison for tax evasion.

Myth debunked: It’s not automatic for the MP to be the highest paid

09/22/2009 - 09:54 - 957 reads

It’s logical to assume that the CEOs of Fortune 500 and other large companies would be the highest paid of all people working at the company. After all, they are charged with managing the entire organization and meeting expected profit targets.