Latest Accounting, tax preparation and payroll services News

What's at stake as Trump Org. trial deliberations continue

Dec. 05, 2022 18:36 PM EST

NEW YORK (AP) — It’s one ballot former President Donald Trump would rather not be associated with: the verdict sheet at his company’s criminal tax fraud trial. Deliberations are set to spill into a second day Tuesday as jurors weigh charges that the Trump Organization helped...

US hits Hezbollah accountants with terrorism sanctions

Dec. 01, 2022 18:11 PM EST

WASHINGTON (AP) — The Biden administration on Thursday slapped terrorism sanctions on two accountants and two companies in Lebanon for providing the militant group Hezbollah with financial services. The Treasury Department announced it would also impose sanctions on a third person...

Key allegations, witnesses as Trump Org. trial winds down

Nov. 29, 2022 19:35 PM EST

NEW YORK (AP) — Former President Donald Trump’s inaugural address clocked in at just 16 minutes. Closing arguments are slated for Thursday in his company’s criminal tax fraud case? Prosecutors and defense lawyers say those could take seven hours or more. Those...

At Trump Org. fraud trial, defense rests and deflects blame

Nov. 28, 2022 17:54 PM EST

NEW YORK (AP) — The defense rested Monday at the Trump Organization’s criminal tax fraud trial after a contentious day in court, putting the case involving former President Donald Trump’s real estate empire on track for deliberations next week. Trump Organization lawyers...

Soldier killed in WWII to be buried in home state of WVa

Nov. 23, 2022 04:05 AM EST

CHARLESTON, W.Va. (AP) — A West Virginia soldier killed during World War II has been accounted for, the military said. Army Cpl. Joseph H. Gunnoe, 21, of Charleston, was reported missing in action in November 1944 in Germany. He was declared killed in action after the war, the...

Accountant testifies Trump claimed decade of huge tax losses

Nov. 22, 2022 19:24 PM EST

NEW YORK (AP) — Donald Trump reported losses on his tax returns every year for a decade, including nearly $700 million in 2009 and $200 million in 2010, his longtime accountant testified Tuesday, confirming long-held suspicions about the former president’s tax practices. Donald...

Prosecution rests in Trump Organization tax fraud case

Nov. 21, 2022 17:26 PM EST

NEW YORK (AP) — Prosecutors in the Trump Organization's criminal tax fraud trial rested their case Monday earlier than expected, pinning hopes for convicting Donald Trump’s company largely on the word of two top executives who cut deals before testifying that they schemed to avoid taxes on...

Japan's prime minister sacks 3rd minister in a month

Nov. 20, 2022 22:22 PM EST

TOKYO (AP) — The internal affairs minister in Japanese Prime Minister Fumio Kishida's government was forced into resigning over funding problems on Sunday, in a blow to the scandal-prone Cabinet that has already lost two ministers in one month. Minoru Terada has been under fire...

Ringleaders in massive COVID fraud extradited to US

Nov. 18, 2022 19:58 PM EST

LOS ANGELES (AP) — A Los Angeles couple who fled to Europe after being convicted of running a fraud ring that stole $18 million in COVID-19 aid money were returned to the United States to face prison, authorities announced Friday. Richard Ayvazyan and his wife, Marietta Terabelian,...

Remains of Kentucky soldier killed in Korean War identified

Nov. 18, 2022 14:55 PM EST

WHITESVILLE, Ky. (AP) — Officials have identified the remains of a western Kentucky soldier killed in a battle during the Korean War. Army Pfc. Robert A. Wright, 18, of Whitesville was accounted for earlier this year, the Defense POW/MIA Accounting Agency said Friday in a...