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New statistics released by the Internal Revenue Service showed that the number and percentage of taxpayers earning over $200,000 a year who owed no U.S. income taxes nearly doubled from 2007 to 2008.
June 15 -
A bipartisan group of lawmakers in Washington is co-sponsoring legislation and demanding an independent probe to stop the government and a trustee from suing innocent victims who invested in Bernard Madoff’s Ponzi scheme.
June 15 -
The Texas Society of CPAs has some tips for clients on how to keep a lid on budgets and expenses.
June 7 -
Despite their wealth, nearly half of the rich wish they had better self-control over their financial behavior.
June 7 -
Check out the digital edition of the June 2011 issue of Accounting Today.
June 6 -
XBRL US has introduced a new taxonomy for reporting on corporate actions, such as mergers, dividends, stock splits and other events, using the Extensible Business Reporting Language data-tagging format.
June 2 -
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When I was in practice as a CPA, there were days when I left the office wondering why I would ever want to go back the next day and do it again.
June 1 -
Proposals to scale back or eliminate the tax incentives of investing in 401(k) retirement plans, as called for by some budget deficit reduction plans, would not only endanger the ability of low- and moderate-income workers to enjoy secure retirements, but are based on faulty math, according to new research from the American Society of Pension Professionals & Actuaries.
May 31