Latest Accounting, tax preparation and payroll services News

President Donald Trump listens to a reporter's question as he speaks to members of the press on the South Lawn of the White House in Washington, Thursday, Sept. 24, 2020, before boarding Marine One for a short trip to Andrews Air Force Base, Md. Trump is traveling to North Carolina and Florida. (AP Photo/Patrick Semansky)

Appeals court hears fight over Trump tax returns — again

Sep. 25, 2020 2:50 PM EDT

NEW YORK (AP) — A federal appeals court tested the waters on a potential compromise, but didn't immediately rule Friday after arguments in President Donald Trump’s long-running fight to prevent a top New York prosecutor from getting his tax returns — a battle that seems destined to return to...

President Donald Trump speaks to members of the press on the South Lawn of the White House in Washington, Thursday, Sept. 24, 2020, before boarding Marine One for a short trip to Andrews Air Force Base, Md. Trump is traveling to North Carolina and Florida. (AP Photo/Patrick Semansky)

Trump lawyers: DA's fight for tax returns built on innuendo

Sep. 24, 2020 6:28 PM EDT

NEW YORK (AP) — A New York prosecutor engaged in a long-running battle to obtain Donald Trump’s tax returns is resorting to “speculation and innuendo” to justify his demands, the president's lawyers argued in court papers filed Thursday on the eve of an appeals court showdown. The 2nd...

FILE - In this June 30, 2020, file photo the U.S. Supreme Court is seen in Washington. President Donald Trump didn't have to look very far for one of the contenders on his short list to replace the late Ruth Bader Ginsburg on the Supreme Court: he's been considering one of his own lawyers. Kate Comerford Todd is a deputy White House counsel, helping navigate Trump's White House through a thicket of legal issues. (AP Photo/Manuel Balce Ceneta, File)

White House lawyer Kate Todd in running for high court seat

Sep. 22, 2020 6:40 PM EDT

WASHINGTON (AP) — President Donald Trump didn't have to look very far for one of the contenders on his short list to replace the late Ruth Bader Ginsburg on the Supreme Court: he's been considering one of his own lawyers. Kate Comerford Todd is a deputy White House counsel, helping navigate Trump's White...

FILE - In this July 4, 2020 file photo, two women pass a sign welcoming people back to Manchester, England. Official figures released Tuesday, Sept. 15, 2020 show unemployment in the U.K. edged up in July even though large sections of the British economy reopened after the coronavirus lockdown, a clear signal that the jobless rate is set to spike sharply higher when a government salary-support scheme comes to an end in the autumn.  (AP Photo/Jon Super, file)

Cracks start to show in UK jobs market as unemployment rises

Sep. 15, 2020 11:08 AM EDT

LONDON (AP) — Unemployment in the U.K. edged up in July even though large parts of the economy reopened after the coronavirus lockdown, a signal that the jobless rate is set to spike higher when a government salary-support scheme ends in the autumn. The 104,000 rise in the number of people unemployed...

A Thai Airways jet sits on the tarmac at the Suvarnabhumi Airport in Bangkok, Thailand, Monday, Sept. 14, 2020. Thailand's Central Bankruptcy Court on Monday gave the go-ahead to financially ailing Thai Airways International to submit a business reorganization plan and appointed seven planners to oversee it. (AP Photo/Sakchai Lalit)

Thai court allows Thai Airways to file for reorganization

Sep. 14, 2020 6:07 AM EDT

BANGKOK (AP) — Thailand’s Central Bankruptcy Court on Monday gave the go-ahead to financially ailing Thai Airways International to submit a business reorganization plan and appointed seven planners to oversee it. A press release from the airline said the plan should be submitted to the court by the...

FILE - In this Feb. 27, 2020, file photo, former Baltimore mayor Catherine Pugh and her attorney Steven Silverman, left, leave a sentencing hearing at U.S. District Court in Baltimore. Gary Brown Jr., a former legislative aide who helped Pugh fraudulently sell her self-published children’s books, has been sentenced to federal prison Friday, Sept. 11, 2020. In February, Pugh was sentenced to three years in prison for her role in the scheme to profit from sales of her “Healthy Holly” books. (AP Photo/Steve Ruark, File)

Ex-Baltimore mayoral aide gets prison in book sales scam

Sep. 11, 2020 8:34 PM EDT

A former aide who helped ex-Baltimore Mayor Catherine Pugh fraudulently sell her self-published children’s books to nonprofits was sentenced Friday to more than two years in federal prison. Gary Brown Jr. apologized for his actions and expressed regret for bringing shame to his family and friends before...

FILE - In this Saturday, Aug. 8, 2020, file photo, President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J. As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount, as company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. (AP Photo/Susan Walsh, File)

Thanks, but no: Small businesses shun payroll tax deferral

Sep. 5, 2020 8:57 AM EDT

NEW YORK (AP) — As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount — company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. The order President Donald Trump...

A customer wears a mask and looks at their cell phone as they carry their order past a now hiring sign at an eatery in Richardson, Texas, Wednesday, Sept. 2, 2020. The U.S. unemployment rate fell sharply in August to 8.4%  from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began. (AP Photo/LM Otero)

AP Explains: 5 key takeaways from the August jobs report

Sep. 4, 2020 3:50 PM EDT

WASHINGTON (AP) — By some measures, the shrunken U.S. job market continued a solid recovery last month, with many employers recalling workers who had been temporarily laid off when the coronavirus erupted in the spring. The economy added nearly 1.4 million jobs in August, and the unemployment rate sank to...

Chicago Alderman Tom Tunney poses inside his main Ann Sather restaurant, Tuesday, Sept. 1, 2020, in Chicago. Tunney estimates he's put $250,000 of his own money into running his three Ann Sather restaurants.  (AP Photo/Charles Rex Arbogast)

Business owners tap into savings to withstand pandemic

Sep. 2, 2020 2:52 PM EDT

NEW YORK (AP) — When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her with thousands of dollars in deposits to refund. Moore’s company, Juneau Food Tours, didn’t have enough cash on hand. So, she withdrew...

Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing, Tuesday, Sept. 1, 2020, on Capitol Hill in Washington. (Graeme Jennings/Pool via AP)

Mnuchin says Trump still wants virus deal with Democrats

Sep. 1, 2020 9:16 PM EDT

WASHINGTON (AP) — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, children and schools. Democratic leaders in Congress...