Milwaukee-based Clifton Gunderson has expanded its presence into northern Illinois by merging in Farrell & Associates of Rockford. Also, David C. Murray & Co. CPAs, Inc., and Robert K. Rohlfs, CPA, have combined their practices.
President Obama signed into law this week the Small Business Jobs Act, which is intended to help small businesses by way of tax breaks and credits, as well as make it easier for small businesses to obtain much-needed loans and hire additional employees.
A small-business jobs bill awaiting approval from President Obama that aims to boost billions of dollars of lending and investment to entrepreneurs and provides $12 billion in tax cuts to small businesses is getting mostly positive reviews from two small accounting firms.
President Barack Obama has proposed a 100 percent bonus depreciation business tax incentive for 2011 to encourage business investment. Obama also wants Congress to make the research-and-development tax credit permanent.
Right about now, 'Rush Hour' star Chris Tucker might be feeling a bit of a squeeze in the form of a federal tax bill for nearly $12 million. And, chances are, he’s still reeling from last year’s pinch from Arnold Schwarzenegger, which seems small in comparison.
Whether your motivation is to save the planet or save some money, going green with your office IT is a smart move. After all, who doesn’t want to save a little money, especially when it’s so incredibly easy?
Modern leadership guru Warren Bennis said, “Managers are the people who do things right and leaders are the people who do the right thing.” To run a business well, you need both. But that doesn’t mean you should be the one doing both.
Louisiana fishermen are beginning to come to terms with the harsh realities of the Deepwater Horizon oil spill. Not only do they face the loss of income this year, their fishing grounds and their way of life might be disappearing.
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.
Tax amnesty can be an effective way for a taxing authority to quickly fill its coffers, clear a lot of names off the delinquency list, and help balance the budget. States do it from time to time, though critics warn that it can undermine regular collections if taxpayers begin to sense a pattern.
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.
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.