New Hampshire news

Tax

Internet Sales Tax Clears Senate Hurdle

New legislation authorizing the states to collect sales tax from companies peddling their wares online breezed through the Senate on May 6 by a wide 69-27 margin. But the Marketplace Fairness Act is expected to face much tougher opposition in the Republican-controlled House of Representatives.
1298
Tax

Is This the Year for Tax Reform?

Is 2013 shaping up to the year of tax reform? "There are more proposals this year than we have seen in the last five years, and an unprecedented number of major state tax reform proposals," said Harley Duncan, a managing director at KPMG.
1655
Tax

IRS Opens Window Longer for Sandy Victims

The IRS is throwing yet another life preserver to taxpayers who were victimized by Hurricane Sandy. Under a new Notice, these taxpayers now have until October 15, 2013, to deduct their disaster-area losses on a 2011 or 2012 return.
2576
A&A

Ruling Extends SOX Whistleblowing Protections

Following a recent ruling by the US Department of Labor's Administrative Review Board, accounting firms that do work for public companies may be far more vulnerable to whistleblowing claims under SOX.
4103
Tax

Tax Fraud Promoters Get Lengthy Prison Sentences

Catherine June Floyd was sentenced to sixty months in prison, and William Scott Dion got an eighty-four-month sentence for tax fraud. Each was ordered to pay restitution of $3 million.
2566
Tax

Prison Sentence for Tax Fraud Promoter

William Scott Dion was sentenced to eighty-four months in prison for conspiring to defraud the United States and for obstructing the IRS. He was also ordered to pay restitution in the amount of $3 million.
1740
Tax

Whistleblower Receives $104 Million from IRS for Exposing UBS

In what is considered the largest whistleblower award issued to a single individual, the IRS has given $104 million to the man who exposed a massive tax fraud by Swiss bank UBS.
3271
Education & Careers

Top Cities for Best Salary Raises

Workers in a majority of metropolitan areas received substantial raises from 2010 to 2011. Cities with greater concentrations of college graduates did even better, according to data from the Martin Prosperity Institute.
3062
Education & Careers

SNHU Offers Online Accelerated Accounting Degree

SNHU's new online accelerated BS to MS accounting degree gives students wider berth in the marketplace, with valuable credentials and an increased pace in meeting the 150-hour CPA certification and reciprocity requirements.
1638
Education & Careers

AICPA: 2011 Elijah Watt Sells Award Winners Announced

The American Institute of Certified Public Accountants has announced the winners of the 2011 Elijah Watt Sells Award. Thirty-seven students received this honor.
5334
Tax

NH and MA Residents Convicted for Promoting/Using Tax Defier Schemes

A federal jury in Worcester, MA, convicted William Scott Dion and Catherine Floyd, both of Sanbornville, NH, and Charles Adams of Norwood, MA, for conspiracies to defraud the United States through the promotion and use of multiple tax fraud schemes, the Justice Department and the IRS announced on April 2.
1979
Tax

GOP Tax Debate Could Coalesce around Ron Paul's Ascension in Primaries

Despite his decisive second-place finish in the New Hampshire primary and his strong third-place showing in the Iowa caucus, there are still some political pundits who question whether Ron Paul, who was initially a middle-of-the pack candidate, is a viable contender for the GOP presidential nomination.
3122
Election 2012

Cain Vows to Keep 9-9-9 Part of GOP Presidential Race

Earlier this month, Herman Cain announced that, despite the fact he is no longer on the GOP ballot, he will continue to take his 9-9-9 tax reform and economic recovery plan to the public through his newly formed Solutions Revolution bus tour and media blitz.
2902
Tax

Sales Tax on Online Purchases Is On the Rise

This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases.
2798
Tax

IRS extends additional tax relief to Hurricane Irene victims

In the aftermath of Hurricane Irene, the IRS has updated its Web site to provide filing and payment relief to more taxpayers in federal disaster areas declared in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Puerto Rico, and Vermont.
3785
Community News

Company announcements: Week of February 7

Following is the latest roundup of accounting community news for the week of February 7, 2011.
2266
Community News

New resource designed to connect accountants with taxpayers

Some taxpayers might need more than a do-it-yourself tax program but can’t find – or fear they can’t afford – an accountant. A new alternative for taxpayers this year is Teaspiller, a database of more than 20,000 accountants nationwide.
2524
Education & Careers

CPAs might meet experience requirement by working in industry

Michigan became the latest state to accept industry experience for original CPA certification, leaving New Hampshire, Wyoming, and the U.S. Virgin Islands as jurisdictions that still do not accept industry experience.
10157
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.
9810
Community News

Company announcements: Week of September 13, 2010

Following is the latest roundup of firm news for the week of September 13, 2010.
1600

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
ADVERTISEMENT

This Week on AccountingWEB

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
WestArk RSVP and Fayette County Community Action Agency – organizations that received grant funding through the IRS Tax Counseling for the Elderly (TCE) program – spoke with AccountingWEB about how they assist senior citizens in their communities.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
Retiring KPMG Centennial Professor of Accounting at the University of Texas at Austin McCombs School of Business Robert May, PhD talks with AccountingWEB about his rewarding forty-three-year career.
Loading...
AccountingWEB Live!
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.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT