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U.S. could default on debt as soon as Feb. 15, analysis shows
01/08/2013The Internal Revenue Service said Monday that its Modernized eFile system has begun accepting business tax returns. In an...
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Congress averts tax portion of fiscal cliff
01/07/2013After weeks of negotiating, Congress was finally able to pass legislation that addresses the tax portion of the “fiscal...
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Congress racing to avert shutdown
01/07/2013Washington is facing the threat of three major fiscal disasters in the coming months — but a government shutdown...
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Democrats, Republicans draw lines with taxes, debt ceiling
01/07/2013The Senate Republican leader, Mitch McConnell, made clear on Sunday that he would oppose any effort by the Obama...
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Key Performance Indicators for Non-Profits
01/07/2013The not-for-profit sector as a whole has traditionally been somewhat laggard in measuring and improving its organizational performance. In...
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Are you aware of the filing requirements related to Form(s) 1099?
01/07/2013In general, the IRS requires that you file Form 1099-MISC, Miscellaneous Income, for each person or business to whom...
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The States That Recovered Most (and Least) from the Recession
01/04/2013December marked the five-year anniversary of the official beginning of the Great Recession — the most severe economic contraction...
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Key Provisions Of The American Taxpayer Relief Act
01/03/2013Below is a summary of many of the key provisions of the Act. Interesting how the Act, when netted...
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IRA Distributions to Charity
01/03/2013Certainly you have heard about both the House and the Senate signing the American Taxpayer Relief Act due to...
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Federal Debt Ceiling (National Debt)
01/03/2013On Dec. 31, 2012, the United States government officially hit its current authorized borrowing limit — also known as...