North Carolina news

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.
Education & Careers

University of Texas at Dallas team takes top honors in AICPA competition

Can a hotel become more sustainable and reduce its carbon footprint by using LED lighting and installing a rooftop garden? A team of four accounting students from the University of Texas at Dallas thinks so. The American Institute of Certified Public Accountants and a popular luxury hotel think so, too. Jason Bramwell reports.
Community News

UT-Austin sweeps annual professors survey; PwC takes top ranking of firms

Public Accounting Report, CCH's independent newsletter of the accounting profession, has published results of its annual survey of accounting professors. UT-Austin swept the college rankings, while PwC took first place in the firm rankings.
Education & Careers

College students compete in PwC xTREME Games

Business students from the University of Illinois last week won the national round of the PwC xACT division for the third consecutive year. The xACT and the xTAX divisions are part of PwC US's xTREME Games, now in its ninth year.
Community News

Dixon Hughes and Goodman & Company announce merger

Dixon Hughes PLLC and Goodman & Company LLP this week announced that they will merge their firms and affiliated entities effective March 1. The combined firm will be known as Dixon Hughes Goodman LLP and will be headquartered in Charlotte, North Carolina.
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.
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.
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.
Community News

Company announcements: Week of November 29

Following is the latest roundup of firm news for the week of November 29, 2010.
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.
Tax

Four celebrities face battles with the IRS

Even the thin, beautiful, and talented have to pay their fair share of taxes. Beverly Johnson, Janice Dickinson, Jaime Pressly, and Toni Braxton have run-ins with the IRS.
Tax

Report indicates big increase in state sales taxes

State governments have boosted sales tax rates to the highest levels in 28 years, according to a new report by Vertex, an enterprise tax software company.
Education & Careers

Colleges and universities must be ethical

The actions of colleges and universities provide examples to their students of how to act with – or without – a high level of ethical standards. From grading practices to sustainability, these institutions need to be cognizant of the message they send.
Community News

Company announcements: Week of September 20, 2010

Following is the latest roundup of firm news for the week of September 20, 2010.
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

4.5 million businesses qualify for HIRE Act tax benefits

Businesses that have hired 4.5 million employees (so far) under the HIRE Act are expected to receive $8.5 billion in tax credits and exemptions.
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.
Technology

Intuit to acquire health care communications company

Intuit Inc. has signed a definitive agreement to acquire privately held Medfusion, a Cary, N.C.-based patient-to-provider communications company. The transaction is expected to close during the fourth quarter of Intuit's fiscal year 2010, which ends July 31.
Tax

Amazon denies North Carolina’s request for tax-related information

North Carolina has raised the ire of online retailer Amazon by beginning an audit of its compliance with state sales and use tax laws.
A&A

Survey: CPA execs’ outlook optimistic for first time in two years

CPA executives in business, industry, and government are optimistic for the first time in two years as business leaders gain confidence that improvements in the U.S. economy will translate to better results for their organizations.

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