Category: News

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Public And Private Companies Report Rise In Audit Fees

“Fees for external audits of financial statements paid by U.S. public and private companies rose in 2012, according to a new survey report. Audit fees paid by 87 public companies averaged $4.5 million in 2012. That represented a 4% increase… [from the] previous fiscal year. Private companies paid an average of $147,800 in total audit

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Fine-Dining Restaurants Growing In Malls

“U.S. shopping centers are moving from fast food to fancy food. It started a few years ago as tired food courts began transforming into slick dining terraces. Now, upscale restaurants are making an appearance.”

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Taxes Making It Harder For Travelers

These days travelers are finding it harder to stick to their budget. It’s not just the airfare, hotels, and car rentals. Consumers are finding extra taxes and added fees they didn’t plan for. “States, counties and cities continue to weigh taxes and surcharges aimed specifically at travelers.” Here’s a list of some of the cities

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9 Factors That Determine For Business Or Hobby

“C corporations, S corporations, limited liability companies, limited partnerships, professional corporations, and nonprofit organizations all may be questioned by the IRS regarding profits, losses, and even whether the activity is a business or a hobby. For an activity to be considered a business, it must be engaged in for profit. If the activity is not

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SEC Eyes Data Mining To Boost Fraud Detection

“The ‘drastically reduced cost’ and increased power of analytics are driving efforts to track down companies that seem to be doing a whole lot better than everyone else.”

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