Accounting News Archives

“Your average family could be looking at $600 to $800 in tax savings and that's a significant dollar amount”

With Wednesday's midnight deadline bearing down, millions of procrastinators across Canada are scrambling to get their income taxes done and filed. via MyTELUS

The "Hope Binder" from the Childhood Leukemia Foundation helps parents manage the overwhelming amount of information related to their child's care. via WFIE-TV Evansville

“The governor has only been governor now a little over a month”

Leaders of the Albany Convention Center Authority said Friday that if a state study isn't completed in time for construction to begin by June 30, every day's delay could cost an extra $40,000. The state has ... via Hotel Online

Despite paying a consultant more than $400,000 to devise reforms, police overtime rose again at the Port Authority of New York and New Jersey last year. via 1010Wins

Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm. via PR-inside.com

The folks at Lattice Semiconductor and Aldec have announced a new OEM agreement that will deliver the only OEM FPGA mixed language simulator. via DesignLines

The Financial Industry Regulatory Authority, the country's largest non-governmental regulator of securities firms, said Friday that its hearing panel dismissed a complaint against H&R Block Financial Advisors ... via Market Watch

“It's not dishonesty. It's a lack of competency.”

By LAURIE FOX and LORI STAHL / The Dallas Morning News lfox@dallasnews.com lstahl@dallasnews.com A pattern of ineffective financial management runs throughout Dallas public schools, an outside auditor told ... via Denton Record-Chronicle

“He can't vote his considerable shareholding and you only need one or two other major shareholders and all of a sudden its really in the balance.”

BUSINESS software group MYOB is expecting a package of 1.2 million options for its founder and chief executive Craig Winkler to be voted down at its annual general meeting tomorrow, as it battles a shareholder ... via NEWS.com.au

“You have all sorts of people employed in the high-tech and life sciences industries that can drive the growth of more startups”

If the Bay Area is mired in a recession, somebody forgot to notify the region's entrepreneurs and the financiers who bankroll them. via Inside Bay Area

“Also, 80 percent are confident that they have caught all significant security breaches, but only 56 percent have procedures to log and respond to incidents.”

A UK government-sponsored security survey reports that security breaches have fallen by a third in the past two years but spending on security has increased significantly. via BuilderAU.com.au

“VCs have weathered numerous economic cycles and will continue to fund companies with innovative ideas.”

In spite of a slipping U.S. economy, venture capitalists invested $7.1 billion in 922 deals in the first quarter, according to the MoneyTree Report. via Imaging Magazine

“The bottom line is that the IRS is imposing an additional 'tax' on people paying their taxes”

Filing taxes online may be free in the future if Sen. Charles Schumer of New York and Sen. via E-Commerce Times

“Given the default position, lack of cash and level of non-performing loans, we had to step in to protect interests of the remaining investors.”

Kiwi Finance, a New Plymouth-based finance firm now in receivership, owes $2 million to 41 debenture holders. via NBR Newsroom

“You can have 90% of the information, but if you still need the last couple pieces of paper, it still means you have to file for an extension”

There's nothing like a little stimulus to get taxpayers to file on time. As of early April, about 9% more federal tax returns had been filed than at this time a year ago, the Internal Revenue Service said. via AMNY

NEWTON, Mass. - Pro-Pharmaceuticals, Inc. , a developer of targeted therapeutic compounds, today announced it has selected Vitale Caturano & Company Ltd. via Earth Times

“We do not expect to see significant declines in investment levels in the coming year”

Venture capital investments in the United States dipped 5 percent to $7.1 billion during the first quarter compared to 2007, signaling the financing climate may be turning frostier for entrepreneurs as the ... via StarTribune

“The new tax laws and changes impact just about every Canadian taxpayer, from families to senior to singles”

(Special) - It's that time again. Tax season is here, and Canadians all across the country are gathering income statements and receipts for the annual filing frenzy.

As the tax deadline looms Canadian taxpayers, it appears, are woefully unaware of new tax laws and credits that could save them money on their returns.

A recent poll conducted by Environics Research for H&R Block shows that 68 per cent of Canadians are unaware of new tax credits and cuts for 2007.

Only six per cent, for example, are aware that the personal tax exemption - the amount of money that Canadians can earn before paying any income tax - has increased this year to $9,600. Read more

Storm Lake-based Meta Financial Group has hired KPMG as its accountant. The company announced in mid-February that McGladrey & Pullen would not remain its accountant. via WHO-TV Des Moines

“First Look: IBM Lotus Symphony Beta 4”

IBM Lotus Symphony is one of the newer free office productivity suites out there, although the Lotus name itself has a long pedigree. via Campus Technology

“It was not used in our office, but through checking we found out what office it went through and we helped the client side by side with the IRS.”

Talk Back: Post a comment on this article By Lindy Thackston First Coast News JACKSONVILLE, FL -- The deadline to file your taxes is midnight Tuesday night, but waiting until the last minute has proven to be a ... via WJXX

“It does not appear that steel consumption will not taper off anytime soon, and, in North America specifically, consumption is likely to outpace production over the next couple of years.”

Deals in the global metals industry in North America soared to record levels in 2007, according to PricewaterhouseCoopers, indicating that the credit crisis in the U.S. has not hindered industry growth. via PrimeNewswire

“When I get good reviews, I am quite proud of it”

Long before social networks such as MySpace and Facebook became the darlings of Web 2.0, engineers were active in Usenet or Newsgroups, asking questions and helping one another via the Internet. via EETimes.com

E.J. and Wanda Hooker of Sachse worked on their federal income tax return Monday with H&R Block preparer Mary Martin in Garland. via Dallas Morning News

“For the last four or five years, we've seen a shift”

If you're one of the millions of U.S. taxpayers who files your return online, the one thing you don't want to see today is an error message. via Chico Enterprise-Record

“The growing purchasing power of Russian consumers”

Testimonials 14 April 2008 Bloomberg Russian retailers prefer to expand by opening their own stores, rather than acquiring competitors, because the scarcity of potential targets has made takeovers too ... via The Moscow Times

Fragrant Orchids While we revel in the wonderful fragrance of many orchids , it is important to remember that fragrance plays an essential role in their survival strategy. via WMC-FM

H&R Block Inc. reported an 8.5 percent increase in tax-preparation revenue from Nov. via Kansas City Business Journal

“This was a matter of changing the context.”

April 08, 2008 The Challenge H&R Block has a 90% awareness as the brick-and-mortar place where consumers go to do their income taxes, according to the company. via Technology Marketing

“With broadband speeds on the up and consumers spending more time on more sites, the outlook for online advertising is rosy -- in fact we expect it to overtake TV in 2009 when it will become the U.K.'s biggest medium.”

CHICAGO Online advertising, which in Britain grew 38% last year, will overtake newspaper and television to become the U.K.'s biggest advertising medium by the end of 2009, according to a new report. via Editor & Publisher

The American Pharmacists Association challenges a recent PricewaterhouseCoopers study on the potential impact of requiring Medicare Part D plans to pay pharmacies on a timely basis. via MediLexicon

The following videos are provided by third-parties on behalf of their sponsors. America's Favorite Food Stains Tide has teamed up with Citysearch.com, to conduct a nationwide poll to reveal "America's Favorite ... via KNDO - Yakima

City Comptroller Bill Thompson announced just now that he is gong to audit all member items from the City Council. via Observer.com - All Articles

“We intend to keep adding servicing ... because we think the mortgage business is fundamental to America”

Billionaire investor Wilbur Ross, who made his fortune making bold investments on distressed industries, said on Wednesday that he expects his next bet to be on banks. via Reuters

Moscow, April 9 International accounting firm Ernst and amp; Young has received a back tax claim for over 390 million rubles in Russia, following a similar claim pressed against PricewaterhouseCoopers, business ... via India eNews

Online advertising spend is set to overtake television spend by the end of 2009 as social networking sites such as MySpace and Facebook continue to have a massive impact on the ad market. via Mad.co.uk

The liquidators of two Bear Stearns Cos mortgage hedge funds that collapsed last year, filed suit Monday against the company and its auditor, Deloitte & Touche, seeking to recover over $1 billion in losses. via Insurance Journal West

“With broadband speeds on the up and consumers spending more time on more sites, the outlook for online advertising is rosy -- in fact we expect it to overtake TV in 2009 when it will become the UK's biggest medium”

The Internet will usurp television as the biggest advertising medium in Britain by the end of 2009, according to a report published on Monday. via Reuters

“Our manufacturing is basically stable, and our construction declines are nowhere near as steep as the national drop”

Typically, from 20 to 25 unemployed job hunters attend the weekly job-transition support group meetings at Johnson County Community College.

This week the number swelled to 38.

'People are bleeding out from multiple industries around town,' said Laura Johannesmeyer, who convenes one of about a dozen such groups that meet in the Kansas City area.

'It's not just from Sprint. It's H&R Block, Hallmark, Cerner. ... All our big employers are laying off. We've been losing ground.'

The uptick in what Johannesmeyer described as job hunters who are 'highly skilled, trained workers' puts a local marker on a national jobs report released Friday that supported growing consensus that the economy is slipping into recession. Read more

“No laughing at all, absolutely not”

It's April 5. Do you know where your W-2s are? If you've procrastinated in filing your taxes this year, you're certainly not alone. And not that we want you to panic, but -- you're getting down to the wire, Bub. And when you feel the deadline pressure -- the hot, cigar-laced breath of the IRS breathing down your neck -- you may be tempted to rush. And when we rush, we have a tendency to muck things up. So with 10 days left to file your returns, we offer 10 tips to help you avoid taxation devastation. Read more

The Company acknowledges it needs to raise additional capital this year. As of December 31, 2007, the Company had cash and cash equivalents and short term investments of approximately $3.6 million. via PR-inside.com

“Beaverbrook: A Shattered Legacy”

A look at popular gun culture and a scathing attack on the way the Alberta government has proceeded with oilsands development are among the five finalists for the 23rd annual National Business Book Award. via 102.9 CKDS-FM

“It is disappointing but I can't say these results are shocking”

Initial public offerings during the period totalled $148-million, compared with IPOs totalling $300-million in the first quarter of 2007, as a host of negative factors dragged on markets and the overall ... via Globeinvestor.com

Xerox Corp. , the world's largest maker of high-speed color printers, said it received preliminary court approval to settle an eight-year-old investor lawsuit for $670 million. via Bloomberg

“We were keen to strengthen our presence in the region after establishing Tasman Bay Finance two years ago”

South Canterbury Finance said it has purchased the loan book of Nelson-based Finance and Investments from receiver PricewaterhouseCoopers for an undisclosed sum. via The Nelson Mail

“We can expect further tough times in the financial sector and as this feeds through into the wider economy, it will inevitably be felt through slower growth this year and next.”

As the hope of an uplift in economic fortunes diminishes, banking and insurance organisations are redrafting their investment plans, with a slowdown on IT spending firmly on the hitlist. via BusinessWeek

“The lagged effect of higher official and commercial interest rates and the sustained high level of the exchange rate will continue to be felt over the next few quarters”

High interest rates continued to keep Australian manufacturing activity subdued in March, a survey shows. via The Sydney Morning Herald