Missouri news

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.
Tax

Block and Liberty: A marriage in the tax prep industry?

John Hewitt, founder of Liberty Tax Services, is reaching out to H&R Block to see if there might be a commercial marriage in their future.
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.
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.
A&A

The Accountant: A new reality show

Now I’m not proposing we launch a new TV series where business owners stay in a fancy mansion surrounded by eager CPAs vying for their business. But, I think we all have been there in the heat of the competition for new clients.
A&A

SEC opens broad inquiry into accounting for repurchase transactions

Chief financial officers from 24 financial institutions received a Dear CFO letter from the chief accountant of the SEC last week asking for detailed information about their accounting for repurchase agreements.
Education & Careers

Accounting Scholarship Programs

AccountingWEB has compiled a list of scholarship opportunities for accounting students.
Education & Careers

IMA will hold 10th annual Student Leadership Conference

The Institute of Management Accountants 10th Annual Student Leadership Conference. will take place in at the St. Louis Union Station Marriott from November 5-7.
A&A

CFOs expect little change in hiring activity in the fourth quarter

Most financial executives plan to maintain their current accounting and finance staff levels in the fourth quarter, according to a new survey.
Tax

IRS employee indicted for stealing mail

An IRS employee has been indicted by a federal grand jury for stealing mail that had been delivered to the IRS service facility on Pershing Road.
Community News

St. Louis CPA firms announce merger

Belleville, Illinois-based Ganim, Meder, Childers & Hoering, P.C. (GMCH) is joining LarsonAllen LLP (LarsonAllen) on October 1, 2009.
Community News

BearingPoint: The end of an era

The outlook was not good from the beginning. Now, nearly a decade later, the former KPMG Consulting moves ahead with a leaner practice and new owners.
Education & Careers

Top business and accounting graduate schools ranked

For everything, there is a ranking. Accounting and business schools are no exception.
Education & Careers

AICPA announces 2008 Elijah Watt Sells awards

The American Institute of Certified Public Accountants has announced winners of the 2008 Elijah Watt Sells Awards.

Bullying in the workplace is an international issue

If you thought you left bullying behind along with jump ropes and gym uniforms, think again. The Workplace Bullying Institute, yes there is such a thing, reported last year that 37 percent of the U.S workforce or 54 million employees are being bullied now or have been bullied at the workplace at some point during their careers.

Students help nonprofits during intense BAP competition

Take 50 college students who don't know each other, add several complicated business challenges, give them 12 hours, and what do you get at the end?

Sales tax holidays: Love them or hate them?

More than a dozen states and the District of Columbia have sales tax holidays that last at least a couple of days each year, some last much longer. Usually the holiday coincides with back-to-school time to give parents a break on outfitting their kids with necessities. What consumers can buy during the sales tax holidays varies by state, but generally includes clothing, shoes, classroom supplies, and computers, often with a dollar limit. Another popular item that pops up in sales tax holidays is energy efficient appliances for the home.

For most states, stimulus payments will mean added revenue

The economic stimulus payments that taxpayers have received will not be considered taxable income by the Internal Revenue Service but some of this money may end up in the coffers of individual states, which are free to decide how to treat the payments. Few will tax the money directly as income - currently, only Alabama is considering this option - but most anticipate additional revenue from sales or excise taxes, or indirectly, in some states, from a decrease in a deduction.

Former accounting professor pleads guilty to grand theft

A former assistant professor of accounting at the University of Tampa has pleaded guilty to stealing $120,000 from the American Spaniel Club. She was accused of writing 71 Spaniel Club checks to herself between July 2006 and March 2007 to feed an Internet gambling addiction.Instead of doing jail time, Lippincott, now a part-time accounting professor at Nova Southeastern University in Ft. Lauderdale, FL, was sentenced to 15 years' probation.

CPA mobility legislation gains national momentum

Twenty-three states have approved laws to make it less burdensome for certified public accountants to represent clients across state lines.The American Institute of Certified Public Accountants is seeking enactment of similar laws in every state so that a national uniform mobility system will become a reality for CPAs, CPA firms, and the state boards of accountancy that regulate them.

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