Massachusetts news

Practice Management

Measuring trust in business

Trust is a vital element of business, yet it's difficult to measure and often gets overlooked. Two research groups have devised their own rating systems to determine which companies are most trustworthy.
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Technology

Intuit offers $10,000 to innovative entrepreneurs

Do you have Intuit’s next great idea? If so, the company wants to hear from you. Intuit Inc., which created Quicken and QuickBooks, is unveiling a website where innovators can collaborate to solve some of the company’s biggest product challenges. And in the process, someone’s bright idea may be worth up to $10,000.
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Community News

Company announcements: Week of April 11, 2011

Following is the latest roundup of accounting community news for the week of April 11, 2011.
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Tax

IRS filling vacancies on Taxpayer Advocacy Panel

The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS service.
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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.
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Tax

Congressman's wife gets prison time for tax misconduct

The wife of a U.S. Congressman will report to prison next month. Patrice Tierney, age 60, received a harsher than expected sentence for her participation in the filing of fraudulent tax returns.
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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.
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Community News

Company announcements: Week of December 20

Following is the latest roundup of community news for the week of December 20, 2010.
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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.
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Tax

What voters said about tax hikes in November elections

As lawmakers try to solve budgetary shortfalls by raising taxes in most states, taxpayers are not pleased, and they said so earlier this month at the polls.
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A&A

AccountingWEB scholarship winners embark on life after college

Since graduating college in the past year, the three students who won $500 scholarships from AccountingWEB in 2009 are finding their niche in the accounting profession. Jason Bramwell reports.
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Community News

Company announcements: Week of October 18

Following is the latest roundup of firm news for the week of October 18, 2010.
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Tax

IRS can spell tax relief for disaster victims

"I'm from the government and I'm here to help you" may be regarded by some to be the most terrifying words in the English language, but not so when you are dealing with a disaster.
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Tax

Revenue worries don't stop states from offering tax holidays

Taxpayers in 16 states will get sales tax breaks on the purchase of various school-related purchases during certain dates in July and August.
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Tax

After the convictions: Wesley Snipes, Richard Hatch, Method Man

In 2009, rapper Method Man, whose real name is Clifford Smith, was arrested on felony tax evasion charges, accused of not filing tax returns for 2004 through 2007. His defense was pretty self-incriminating.
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Practice

Most executives remain confident about business growth

Six percent of chief financial officers said they plan to hire full-time accounting and finance employees during the third quarter of 2010, while 9 percent anticipate staff reductions. Despite those numbers, CFOs remain optimistic about the outlook for their businesses.
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Tax

Broke states and broken promises

According to a recent report from the National Association of State Budget Officers and the National Governors Association, state fiscal conditions "have continued to worsen" and state revenues can be expected to lag behind a national economic recovery by one to three years.
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Education & Careers

SIFE members' passion for business can be powerful force for change

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.
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Tax

States scramble for tax revenue wherever they can find it

Imagine your state tax collectors hard at work…reading the entertainment news as part of their job description. State tax authorities always have used the media to track the cross-state earnings of sports stars, celebrities, and other wealthy individuals.
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Tax

Massachusetts tax attorney suspended for failing to meet tax filing obligations

Massachusetts Tax Attorney Kevin Kilduff has been barred from practicing before the Internal Revenue Service for 48 months for failing to file a federal tax return, and for filing another five returns late.
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Pages

Voice of the Editor

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?
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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