March 24, 2011
 
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As many accountants are gathering that last bit of steam (see our Workplace Fitness section) to get them through Busy Season, despite earthquakes, tsunamis, and nuclear mishaps, many economists and accountants believe that the U.S. economy is headed in the right direction. Check out this interesting survey data and commentary on MyAccountingLife.

What do you think the rest of 2011 holds for the U.S. economy? Click here to post your thoughts.

Rob Nance
Publisher
publisher@accountingweb.com
Year one, ObamaCare report card shows health care costs rising
As health care reform marks its one-year anniversary, a new Deloitte report reveals that consumers are spending $363 billion, or 14.7 percent more, on health care than traditionally reported in official government accounts. Read More...
Dubious achievement: Californian offers IRS revenue officer largest bribe ever recorded
Kulwant Lasher has been sentenced to four years and nine months in prison to be followed by three years of supervised release for conspiring to bribe an IRS Revenue Officer and failing to pay withholding and payroll taxes. Read More...
Japan disaster provides proving ground for IRS tax scams
In the aftermath of the recent catastrophes in Japan, the tremendous generosity of average Americans will once again be in full swing. Scammers are well aware of this. Read More...
Charlie Sheen, out of work, faces tax issues
If you live in America and you watch TV, you can't help but know that Charlie Sheen dominated the news for weeks with his strange and sometimes violent outbursts, marriage woes, child custody issues, a long fight with the producers of his show, a trip to the emergency room. Unlike many other celebrities, Sheen has not been in the news for tax trouble. But his new situation poses some interesting tax issues. Read More...
Blog: Illinois governor signs Amazon.com nexus bill into law!
On March 10, 2011, the Governor of Illinois approved P.A. 96-1544 which enacts a click-through use tax nexus law or Amazon.com nexus law similar to New York, North Carolina, and Rhode Island. Read More...
Federal contracts: Unallowable costs explained
Certain expenses are legitimate costs of doing business, but the federal government won't reimburse them as part of a federal contact. Read More...
James Doty: New PCAOB chairman works to increase audit enforcement initiatives
To say that James Doty has had a lot on his plate during his first six weeks as chairman of the Public Company Accounting Oversight Board (PCAOB) would be an understatement. Read More...
IRS filling vacancies on Taxpayer Advocacy Panel
The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS service. Read More...
Company announcements: Week of March 21, 2011
Following is the latest roundup of accounting community news for the week of March 21, 2011. Read More...
The future of marketing will be all about customer data
As I've mentioned in previous posts, Boston is rapidly rebranding itself as what Boston Globe columnist Scott Kirsner, and perhaps others, have dubbed as the Innovation Economy. This week the focus was on marketing. Read More...
Take a reading break
Keeping up with the latest trends, learning from those who have done what you want to do is a great way to move forward in building your business. I hope you're reading all the experts and then forming your own opinion. Read More...
How do you get in the door with prospects?
The last two blogs I posted have been focused on providing you with some 'easy' tips for connecting marketing to business development. My first two suggestions (just to refresh your memory) were to create a hot target list and then to ask clients and contacts for help. Read More...
Employee fraud in a cash business
Someone once asked Willie Sutton (the infamous bank robber) why he robbed banks. His answer was simply "because that is where the money is." This same rule applies today. The easiest and most common fraud involves cash. Read More...
 
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