Just before the start of this year’s French Open Tournament, news spread that Murphy Jensen, a doubles champion from the 1993 French Open, was neck deep in hot water with the Internal Revenue Service and two state tax agencies.
The list of famous, well-paid people who owe back taxes is long and getting longer. Lately, it seems the names dominating the list are those of rappers.
More than half of property tax executives expect their companies’ property tax burden to either remain the same or increase in 2010, compared with last year.
Mike Farr once rode high as a member of the Detroit Lions. These days, he’s in hot water. Not only does he owe nearly $83,000 in state and federal taxes but, a few weeks ago, federal regulators put a lock on his assets after he was named in a government lawsuit.
Both unemployed (including some recent graduates) and certain currently employed Individuals looking for
work can dramatically increase their attractiveness to prospective employers by highlighting certain tax
breaks that employers can secure by hiring them.
Students In Free Enterprise, an international non-profit network of students, academics, and business leaders working with businesses and higher education organizations, is in the midst of its regional and national competitions.
Thomas “Hitman” Hearns, who earned more than $40 million in his legendary boxing career, may find himself homeless soon, proving that it’s not just ordinary folks who are dealing with the threat of foreclosure.
While you may not be aware of Excel's SUMPRODUCT function, those in the know often use it for its stated purpose: multiplying two ranges together and then summing the total. Although this is helpful, you might not be aware that SUMPRODUCT also can function like VLOOKUP or SUMIF on steroids.
Deloitte's Maximum Impact: Alternative Spring Break gives students a chance to see a different side of the Big Four and work with accounting professionals in community service projects.
Though QuickBooks is very easy to use, our clients often create numerous setup and data entry errors
that we have to troubleshoot. This troubleshooting often coincides with tax time.
Company.com, an information and lead generation services portal for small and medium-sized businesses, has provided us with a list of ten tips for helping businesses avoid IRS tax audits.
Ideally, all revenue should affect both an Item and an Income account in QuickBooks. When this doesn't happen, it is important for you to quickly locate the offending transactions and make any necessary adjustments.
The Profit & Loss by Job report shows all of the income and expenses you have assigned to Jobs on Checks, Bills, Invoices, Journal Entries, etc. However, the totals on the Profit & Loss by Job report may not agree to the totals on the Profit & Loss.
New Orleans CPA firm Roth Murphy Sanford L.L.P. (RMS) has merged with Carr, Riggs & Ingram, LLC (CRI), the fourth largest accounting firm in the Southeast – a move that expands CRI’s footprint to six states while enhancing public accounting and management consulting services throughout Southeast Louisiana.
In what has become almost a routine action, the U.S. House of Representatives voted Wednesday to renew for one year 45 tax breaks due to expire December 31.
There is a new technology available that brings the local accounting professionals back
into the game, especially when offering QuickBooks training to their own clients.
Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
This is the groundbreaking virtual conference that gives you the experience of attending a major national conference without having to travel or leave your office. We're gathering national-caliber speakers from the accounting profession to share their knowledge and insights with you. We promise each session will contain valuable takeaways you can implement in your practice immediately.