Florida news

Tax

Alleged pump-and-dump scheme could mean 25 years in prison for accountant

Stephen Durland, a former Palm Beach, Florida, accountant made a fortune as an investor . . . sort of. He’s accused of operating a $30 million investment scam in California. If convicted, Durland could be looking at 25 years in prison, plus a $5 million fine.
Practice

Small business employment index indicates job growth in January

Small business employment continued to show encouraging growth in January, with hours worked showing a strong increase as wages grew slightly, according to a recent survey.
Community News

Morrison, Brown, Argiz & Farra joins forces with ERE

Miami-based Morrison, Brown, Argiz & Farra, LLC, and New York-based ERE, LLP, this week announced that they have joined forces. As a result, ERE will become MBAF-ERE CPAs, LLC, a division of MBAF.
Community News

Hevia Beagles & Company merges with Gregory, Sharer & Stuart

Hevia Beagles & Company, P.A. has merged its practice with Gregory, Sharer & Stuart, P.A. Effective January 1, Dan Hevia became the newest shareholder of GSS, and the combined firm will operate as Gregory, Sharer & Stuart.
Practice

Small business employment index indicates 57,000 jobs created in December

Small business employment continued to show growth in December with an increase in hours worked and wages flat, according to the most recent Small Business Employment Index by Intuit Inc.
Community News

Gilman Ciocia acquires Hoffman, Levy, Bengio

Gilman Ciocia announced this week that it has acquired Hoffman, Levy, Bengio & Co., PL., formerly located in Hollywood, Florida. As part of the transaction, the firm has relocated its operations into Gilman Ciocia's office in Aventura, Florida.
Community News

Goldstein Schechter Koch announces merger with Jeffrey Kramer staff

Goldstein Schechter Koch, P.A., a South Florida-based full-service accounting, tax, audit, and consulting firm this week announced a merger with Jeffrey Kramer and his staff.
Tax

Does tax court jurisdiction extend to U.S. Virgin Islands?

Generally, a U.S. citizen or resident who has income from sources within the U.S. Virgin Islands or income effectively connected with a trade or business in the U.S. Virgin Islands is required to file an income tax return with both the United States and the U.S. Virgin Islands.
Community News

Company announcements: Week of December 13

Following is the latest roundup of firm news for the week of December 13, 2010.
A&A

IRS watchdog: Six months of work saved taxpayers nearly $3 billion

The watchdog over costs and efficiency at the Internal Revenue Service has saved taxpayers almost $3 billion over six months, according to a new report to Congress.
Community News

Deloitte, PricewaterhouseCoopers top 'best firms' lists

Vault.com, a source of ratings, rankings, and insight for students and professionals, recently released lists of top accounting firms in various categories, including: best to work for, prestige, and quality of life.
Tax

IRS, FBI seeking financial records of Florida Republican Party

The Republican Party of Florida has been served with a subpoena seeking financial records related to $500,000 in charges on American Express credit cards issued by the party.
Tax

Tax Foundation releases state business tax index

South Dakota's tax system is most welcoming to economic activity while New York's tax code ranks 50th as the least hospitable, according to the Tax Foundation's most recent edition of the State Business Tax Climate Index, which ranks the tax systems of the 50 states.
Education & Careers

Small business employment index indicates 49,000 new jobs; wages down slightly

Small business employment continued to show growth in November, although wages were down and hours worked remained flat, according to this month's Small Business Employment Index by Intuit Inc.
Community News

Company announcements: Week of November 22

Following is the latest roundup of firm news for the week of November 22, 2010.
Community News

Company announcements: Week of November 8

Following is the latest roundup of firm news for the week of November 8, 2010.
Community News

Company announcements: Week of November 1

Following is the latest roundup of firm news for the week of November 1, 2010.
A&A

Obama signs bill designed to jump-start small business

President Obama signed into law this week the Small Business Jobs Act, which is intended to help small businesses by way of tax breaks and credits, as well as make it easier for small businesses to obtain much-needed loans and hire additional employees.
Tax

Stealing your way to prosperity one bogus tax refund at a time

After learning that a Florida man is accused of getting $2.7 million in bogus tax refunds, you might think stealing from the IRS is like taking candy from a baby. Actually, many of the identities that Bryan A. Copeland allegedly used to file fake tax returns did belong to children.
Tax

Small accounting firms could see large benefits from new tax legislation

A small-business jobs bill awaiting approval from President Obama that aims to boost billions of dollars of lending and investment to entrepreneurs and provides $12 billion in tax cuts to small businesses is getting mostly positive reviews from two small accounting firms.

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