Archive for the 'News' Category

Bicyclists May Get Tax Benefit from Proposed Senate Bailout

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Bicycle.net notes:
Employers of people who bicycle to work stand to gain a $20 per month tax credit per cycling employee, according to the Senate’s version of the Wall Street bailout bill, H.R. 1424.
The bill passed yesterday by a vote of 74 for and 25 against the bill and now goes to the House for a [...]

Accountants are Critical – Job Growth Predicted

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The accounting scandals of the past decade put a spotlight on the critical role that accountants play in protecting employees and the general public against corporate fraud and malfeasance. Congressional legislation to prevent future WorldCom and Enron-type meltdowns, particularly the Sarbanes-Oxley Act of 2002, forced the government and private industry to expand their employment of [...]

Georgia Scam – Social Security Tax Refund


The Internal Revenue Service has discovered a scam in Georgia involving filing a federal income tax return to get a refund on Social Security taxes paid.
The IRS said the scheme usually works by the victim paying the scam operator a fee for preparation of a false refund claim and possibly a percentage of any [...]