Weekly Business Brief
Featured News
TIGTA: Demise of TeleFile is costing taxpayers millions
The U.S. Treasury Inspector General for Tax Administration (TIGTA) has issued a new report indicating that the IRS's decision to end its call-in tax filing program, TeleFile, has increased the financial burden on taxpayers by as much as $23.6 million.
Tax Court hears case on deductibility of sex change operation
A potentially groundbreaking case is underway in the U.S. Tax Court in Boston where a former man is arguing that the medical expenses relating to her sex change operation should be allowed as a medical deduction on Schedule A of her income tax return.
Financial executives indicate plans to shift healthcare costs to employees
Ninety-nine percent of financial executives polled at a professional conference are concerned about rising employee healthcare costs. Nearly a quarter indicated that employees would have to shoulder increased costs.
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Latest News
National Taxpayer Advocate sets out priority issues
Financial leaders address challenges facing accounting, finance and audit professions
Top 10 ways to motivate your employees this summer
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In-Depth News
Automating retirement plans can increase savings, retentionEnhancing 401(k) programs with automatic features can generate a double-barreled investment success, enabling employees to save more for retirement and employers to better recruit and retain those employees.
Tech News
Instant messaging: Another distraction or a tool for collaboration?Apparently, e-mail isn't fast enough. After years of reluctance to add another potential distraction to their employees' work days, companies are starting to embrace instant messaging.
Firm/State News
Grant Thornton named to Top Companies for Women listPINK magazine has announced its inaugural list of the Top Companies for Women, to be featured in the magazine's August- September issue. Grant Thornton LLP is among the eight companies that made the list.
Publisher’s Note
Summertime, and the livin' is easy.... If the pace is slowing
around your workplace, it's time to perk things up a bit. Check
out the article, "Top 10 ways to motivate your employees this
summer" for some tips on energizing the workforce. And by all
means, click the Post Comment option at the bottom of the story
if you have some ideas to share about how to enliven your
workplace during the dog days of summer.
Rob Nance
Publisher
publisher@accountingweb.com
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