Latest Accounting, tax preparation and payroll services News

Editorial Roundup: Mississippi

Aug. 04, 2022 01:54 AM EDT

Greenwood Commonwealth. August 2, 2022. Editorial: Reeves Digs A Deeper Hole Mississippi Gov. Tate Reeves needed to explain why he “called the dogs off” the University of Southern Mississippi Athletic Foundation for being one of the top beneficiaries in the...

Kentucky man admits to coronavirus loan fraud scheme

Aug. 03, 2022 04:05 AM EDT

LONDON, Ky. (AP) — A Kentucky man has been sentenced to two years and nine months in prison for using false pretenses to accept $370,000 in paycheck protection loans under a federal COVID-19 assistance program. David Christopher Lewis, 49, was sentenced in federal court last week...

Election conspiracies grip Nevada community, sowing distrust

Jul. 29, 2022 10:03 AM EDT

TONOPAH, Nev. (AP) — The Nye County Commission is used to dealing with all sorts of hot-button controversies. Water rights, livestock rules and marijuana licenses are among the many local dramas that consume the time of the five commissioners in this vast swath of rural and deeply...

Editorial Roundup: United States

Jul. 27, 2022 11:53 AM EDT

Excerpts from recent editorials in the United States and abroad: July 26 The Washington Post on Congress closing the Medicaid coverage gap After months of doing nothing, Democrats in Congress appear poised to achieve something at last — or rather,...

Alibaba to seek primary listing in Hong Kong, adding to NYSE

Jul. 26, 2022 02:05 AM EDT

HONG KONG (AP) — Alibaba, the world’s biggest e-commerce company by sales, announced plans Tuesday to change the status of its shares traded in Hong Kong, making them more accessible to Chinese investors at a time when Beijing is pressing tech companies to share their wealth with the public. ...

California man admits fraud, bogus tax returns for athletes

Jul. 20, 2022 18:41 PM EDT

LOS ANGELES (AP) — The head of a California tax preparation business has admitted his role in fraud schemes totaling $25 million that included exaggerated tax returns for professional athletes and exploiting federal pandemic relief programs, federal prosecutors said Wednesday. ...

Remains of World War II Marine to be buried in Nashville

Jul. 17, 2022 17:23 PM EDT

NASHVILLE, Tenn. (AP) — Remains of a U.S. Marine who was wounded on the Pacific Ocean island of Saipan during World War II have been identified and they will be buried in his hometown of Nashville, Tennessee, officials said. Marine Corps Reserve Cpl. William R. Ragsdale, 23, are...

North Carolina man sent to prison for $2.5M tax fraud

Jul. 13, 2022 16:19 PM EDT

CHARLOTTE, N.C. (AP) — A North Carolina man is going to prison following his conviction stemming from a $2.5 million tax fraud scheme based on the preparation and filing of false tax returns, according to federal prosecutors. Court documents and statements said Joseph Octave, 49,...

OSBI launches probe into Commissioners of the Land Office

Jul. 13, 2022 14:43 PM EDT

OKLAHOMA CITY (AP) — The Oklahoma State Bureau of Investigation has launched a criminal probe into the Commissioners of the Land Office amid allegations that the state agency misspent public funds and that its top official abused his position, the Tulsa World reported Wednesday. ...

Appeals court: Congress can see some Trump financial records

Jul. 08, 2022 16:33 PM EDT

WASHINGTON (AP) — A federal appeals court on Friday narrowed the range of documents House Democrats are entitled to in their years-long investigation of Donald Trump's finances. The decision from the federal appeals court in Washington almost certainly won't be the last word in the...