Latest Accounting, tax preparation and payroll services News

Maricopa County delivering ballots, equipment for audit

Apr. 21, 2021 18:06 PM EDT

PHOENIX (AP) — Officials in Arizona's most populous county started delivering equipment used in the November election won by President Joe Biden to the state fairgrounds on Wednesday. They plan to cart 2.1 million ballots to the site Thursday so Republicans in the state Senate who have...

United loses $1.36 billion as business travel remains weak

Apr. 19, 2021 18:59 PM EDT

United Airlines posted a $1.36 billion loss in the first quarter and will need a rebound in lucrative business and international travel before it returns to profitability. The loss reported Monday would have been even wider without federal payroll aid, but it was still...

Remains of Kansas man who died at Pearl Harbor identified

Apr. 16, 2021 12:32 PM EDT

TOPEKA, Kan. (AP) — A 20-year-old Wichita man who died in the Dec. 7, 1941, attack at Pearl Harbor will be buried in his native state in May. The Defense POW/MIA Accounting Agency said Thursday it had identified the remains of Navy 3rd Class Cook Robert Goodwin. He was...

Business fined for not following COVID-19 safety guidelines

Apr. 15, 2021 17:37 PM EDT

BOSTON (AP) — The owner of a Massachusetts tax preparation business faces more than $136,000 in federal fines for allegedly prohibiting employees and customers from wearing face coverings and failing to follow other guidelines meant to slow the spread of the coronavirus. ...

Bill seeks to give more NC tax breaks on COVID-19 loans

Apr. 15, 2021 17:08 PM EDT

RALEIGH, N.C. (AP) — The state House on Thursday overwhelmingly backed legislation that would give additional state tax breaks to businesses that took federal loans to weather the COVID-19 pandemic. But the Senate isn't yet fully on board with the idea, which comes with a hefty price tag. ...

Whitmer changes contracting rules to target payroll fraud

Apr. 15, 2021 16:48 PM EDT

LANSING, Mich. (AP) — Gov. Gretchen Whitmer on Thursday announced changes in the state's contracting process to ensure construction and other companies are not rewarded with government money for payroll fraud such as misclassifying workers as independent contractors. ...

Milwaukee man pleads guilty to COVID-19 relief fraud

Apr. 12, 2021 15:44 PM EDT

MILWAUKEE (AP) — A Milwaukee man pleaded guilty Monday to obtaining more than $600,000 in fraudulent COVID-19 relief funds. According to court records, 42-year-old Stephen Smith acknowledged he submitted fraudulent applications for Paycheck Protection Program loans...

Milwaukee man pleads guilty to illegally obtaining PPP loans

Apr. 12, 2021 15:42 PM EDT

MILWAUKEE (AP) — A Milwaukee man accused of illegally obtaining more than $600,000 in federal loans meant for COVID-19 relief pleaded guilty Monday in federal court. Stephen Smith, 42, pleaded guilty to one count of bank fraud. He is scheduled to be sentenced on July...

Arizona court: Non-lawyers allowed to invest in law firms

Apr. 11, 2021 10:34 AM EDT

PHOENIX (AP) — Before this month, Mike Payne was constantly switching among his many hats — legal, accounting, business consulting. But now that his accounting firm has been approved by the Arizona Supreme Court as one of the first alternative business structures in...

New Mexico governor signs $7.4B state budget, vetoes relief

Apr. 09, 2021 17:21 PM EDT

SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham signed Friday a $7.4 billion general fund spending plan for the coming fiscal year that boosts state funding for public education, early childhood services and more — while using her veto pen to assert sole authority over $1.6...