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U.S. tax code needs full revamp, expert says
01/10/2013Lawmakers need to overhaul the tax code completely to reduce the “significant, even unconscionable, burden” placed on taxpayers just...
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CPAs: Federal deficit must be fixed without delay
01/10/2013CPAs have serious concerns about the U.S. federal budget deficit. Fifty-four percent of the more than 1,700 AICPA members...
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Tax planning and preparation affected by “fiscal cliff” tax act
01/10/2013With its scores of new and extended provisions, the American Taxpayer Relief Act of 2012 offers something for nearly...
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Some U.S. cities still face double-digit unemployment
01/10/2013The Bureau of Labor Statistics announced good news on the jobs front in major cities as measured in November:...
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White House considers rule for corporate political contributions
01/09/2013Campaign finance reform advocates on Tuesday applauded the Obama administration for considering a regulatory proposal that would require corporations...
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Social Security’s Old Forecasting Method Hides New Time Bomb, Researchers Say
01/09/2013Washington’s restoration of the employee’s portion of the payroll tax that funds Social Security may be good news or...
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The Taxonomy of Florida Entities New Legislation Now in Effect
01/08/2013Florida is a business-friendly state. Forming the entity is quick and inexpensive, state income taxation is minor and our...
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LLCs Alive and Well in Florida…but Owners Beware
01/08/2013Entity planning for taxation, asset protection, gifting or succession planning is complex and fascinating. CPAs are forced to work...
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U.S. economy may have hidden strength
01/08/2013Anyone who watched the national debate unfold during this election year could be forgiven for viewing the United States...
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IRS Begins Accepting Business Tax Returns
01/08/2013The Internal Revenue Service said Monday that its Modernized eFile system has begun accepting business tax returns. In an...