Category: News

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New Tax Break for Small Businesses

President Barack Obama yesterday urged Congress to pass a bill that would give a 10 percent tax credit to small businesses that create new jobs or increase wages this year. You can preview this proposal by President Obama on this recent video address: http://www.whitehouse.gov/blog/2012/05/11/weekly-address-congress-must-act-do-list

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AICPA Introduces Total Tax Insights Calculator

Understanding taxes, their current laws, regulations, and obligations can be rather tedious, time consuming, and confusing for many taxpayers. On Tuesday, the AICPA released an online tool, the Total Tax Insights Calculator, which provides “U.S. taxpayers a clearer, more complete picture of their estimated total federal, state, and local tax obligation.” Furthermore, the program is

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Prepare Now for Clarified Audit Standards

With audit season ending, it’s time to start the transition to the clarified audit standards, which are effective for calendar year 2012 audits. Follow these important steps to prepare for the new standards thus minimizing the transition’s effect on your firm and clients.

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The Largest Increase in Jobs Since 2008

The Labor Department stated today that the number of job openings increased to 3.74 million this month, a 172,000 increase from March’s 3.57 million.

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Mark Zuckerberg the Ace CEO

Mark Zuckerberg, referred to as the “Billionaire Boy-Man,” has become the kind of leader that makes wall street tremble. Although young and extremely inexperienced in Facebook’s infancy, Zuckerberg has proven he’s more than capable to lead a multi-billion dollar enterprise. “When early mistakes risked an employee mutiny, Zuckerberg knuckled down and learned how to lead.

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