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News: Taxes and Accounting

Tax and Accounting Industry News including CPA, Tax Preparation, and Tax Law

IRS Sec 6050W Form 1099-K Compliance – IDMS Account Ability Takes the Worry Out of 1099 and W-2 Prep
Mon, 21 Nov 2011 01:59:20 -0500 EST
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MELVILLE, N.Y. /eNewsChannels/ — Integrated Data Management Systems, Inc. (IDMS), a leading provider of W-2 and 1099 software, is helping small to medium-sized businesses prepare annual wage reports and information returns with the 2011 version of its Account Ability Tax Form Preparation software. Account Ability is IRS Sec 6050W Form 1099-K Compliant.

Tips for special tax breaks for Americans, for Haiti relief donations, from the American Institute of Certified Tax Coaches
Mon, 01 Feb 2010 13:58:29 -0500 EST
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SAN DIEGO, Calif. — Whether it’s text donations, celebrity telethons, or gifts of food and clothing, Americans’ generous giving and support to relief efforts in Haiti has been front and center in the headlines. To make the most of your earthquake relief donations and take [...]

TeleManagement Technologies chosen as a finalist for the 2009 AOTMP Industry Excellence Award for Supplier Advocate of the Year
Wed, 20 Jan 2010 08:31:18 -0500 EST
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SAN FRANCISCO, Calif. — TeleManagement Technologies, Inc. (TTI), a leading provider and innovator of telecom software products and solutions, is proud to announce that they have been chosen as a finalist for the 2009 AOTMP Industry Excellence Award for Supplier Advocate of the Year. The [...]

FFG Colorado: Financial Foundation Group – Creating Smiles for Miles with Bikes for Tykes
Thu, 07 Jan 2010 15:37:59 -0500 EST
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FORT COLLINS, Colo. — 2009 has been an exciting and rewarding year for the Financial Foundation Group, also known as FFG. Instead of heading into the office on Friday December 11th, 2009, workers from the Loveland Financial Foundation Group were given permission to organize and [...]

The Pension Inspector from AtPrime Media Adds an Economy Priced Market Research Service
Tue, 15 Dec 2009 17:14:13 -0500 EST
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NEW YORK, N.Y. — AtPrime Media, Inc., the sponsor of the @Prime! Pension Inspector Suite, the leading online service for providing Qualified Retirement Plan performance results, announces a new economy priced addition, to join the free Standard Edition, and subscription Compare and Rank Edition, The [...]

Taycor Financial Encourages Small Businesses to Take Advantage of Sect. 179 Tax Deduction While Helping Needy
Sat, 05 Dec 2009 10:56:21 -0500 EST
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LOS ANGELES, Calif. — Taycor Financial is a leading provider of equipment leasing and financing and has launched a nationwide drive to encourage small businesses to take advantage of the tax benefits available to them through Section 179. This IRS tax code is a provision [...]

Falling Apart: New Book from Llumina Press Depicts ‘Anti Bernie Madoff’ Character
Wed, 02 Dec 2009 14:47:11 -0500 EST
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FORT LAUDERDALE, Fla. — The media is saturated with real-life accounts of financial scoundrels such as Madoff, Sanford, and Rothstein making people sadly aware of men who strive to cheat their clients through criminal schemes and outright theft. Such is the story line of husband [...]

TeleManagement Technologies WinBill 8.1 Delivers Powerful new Telecom Expense Management Features
Wed, 11 Nov 2009 16:58:20 -0500 EST
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WALNUT CREEK, Calif. — TeleManagement Technologies, Inc. (TTI) the pioneer in Telecom Expense Management (TEM) solutions continues to improve on its WinBill application (www.telmantec.com) with the release of version 8.1. As an ongoing commitment to meeting client’s needs and changes in the industry, several new [...]

eTaxPortal tax process automation solution acquired by Namtra Corporation
Fri, 06 Nov 2009 12:26:39 -0500 EST
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RESTON, Va. — Namtra Business Solutions, a 2009 Deloitte 500 fastest growing company, today announced that its software division has completed the acquisition of eTaxPortal, a Web-based tax process automation solution for today’s tax department. It provides a single gateway to commonly used tax tools. [...]

McCormick Property Tax Business System to host 3-day boot camp in San Diego
Thu, 24 Sep 2009 15:17:38 -0500 EST
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SAN DIEGO, Calif. — More than half a trillion dollars in commercial mortgages will reset over the next 18 months. That’s why The McCormick Property Tax Business System(TM) is hosting a three-day boot camp, October 23 through October 25, at an upscale San Diego hotel. [...]

Long-Term Care, a Missing Link in Health Reform, Needs Federal Tax Support Because 3 in 4 Need More than Ordinary Health Care
Fri, 11 Sep 2009 13:14:26 -0500 EST
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KIRKLAND, Wash. — Today Jonas Roeser, a long-term care industry leader, declared his support for H.R. 1891, a House bill to make long-term care insurance more affordable through a 50 percent tax deduction. Roeser is Senior Vice President of Marketing and Operations for LTC Financial [...]

Florida’s BKHM, PA adds CPA Neal Renuart to its management team
Fri, 21 Aug 2009 15:23:37 -0500 EST
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WINTER PARK, Fla. — Neal Renuart, CPA has joined BKHM, PA, as a Senior Audit Manager in the assurance services group. Prior to joining BKHM, Neal was the Corporate Controller of LGL Group, Inc. along with many years of “Big 4″ firm experience with a [...]

iConcepts Announces OIC Tax Planner, Offer in Compromise Software for the EA, CPA and Attorney
Fri, 07 Aug 2009 13:31:01 -0500 EST
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MAPLE GLEN, Pa. — iConcepts, Inc., makers of leading Offer in Compromise software, announced today, the updated 2009 release of OIC Tax Planner. An interactive desktop application, OIC Tax Planner bundles required forms and current IRS Offer in Compromise regulations in a single product. The [...]

Campbell Law Firm says Loss Mitigation Helps People to Keep Their Homes
Fri, 12 Jun 2009 16:35:14 -0500 EST
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TAMPA, Fla. — Home foreclosures continue to rise and people continue to lose their jobs. That’s why Campbell Law Firm, P.A., one of the nation’s leading loss mitigation law firms, is making every effort to help people stay in their homes, primarily through loan modifications. [...]

Practitioners Face $3 Billion Loss to Silent PPOs, says SALUS Medical Solutions
Wed, 03 Jun 2009 11:44:04 -0500 EST
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HOUSTON, Texas — SALUS Medical Solutions of Houston, Texas has developed new software technology that promises to quickly uncover unauthorized discounts, detect Silent PPO activity and spotlight undetected re-pricing methods used by insurance companies and third-party payers. The proprietary software, CLOAK2 (Computerized Logistic and Organizational [...]

TTI Engages 4TelecomHelp as Strategic Partner for WinBill Telecom Inventory and Expense Solution
Fri, 08 May 2009 20:43:55 -0500 EST
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WALNUT CREEK, Calif. — TeleManagement Technologies, Inc. (TTI) has added 4TelcomHelp as a strategic partner to market, distribute and provide service solutions utilizing TTI’s WinBill Telecom Inventory and Expense Management tool. 4TelcomHelp has chosen TTI because of their reputation in the marketplace, the flexibility of [...]

STAT Medical Consulting Works with Medicare to Get California Doctors Paid
Tue, 05 May 2009 16:45:17 -0500 EST
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LOS ANGELES, Calif. — In today’s economy, more than ever, every dollar counts. That’s why STAT Medical Consulting, Inc. announces that they are working with physicians who are struggling with Medicare payments to prevent their cash flow from becoming a flat line. The Los Angeles [...]

AtPrime Media Updates Retirement Plan Detective Software – The Pension Inspector ‘Compare and Rank’ SaaS
Fri, 01 May 2009 14:05:53 -0500 EST
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NEW YORK, N.Y. — AtPrime Media, Inc., the sponsor of the @Prime! Pension Inspector(R), the leading consumer and professional online tool for determining the financial performance of Qualified Retirement Plans, announces a new breakthrough service, “Compare and Rank” Online Service, previously unavailable to the general [...]

Beyond Gold or Silver: Long Term Care Insurance Shines for Financial Safety
Thu, 16 Apr 2009 21:26:56 -0500 EST
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KIRKLAND, Wash. — If you’ve lost money in this economy, you may be concerned about protecting what you have left. Safe havens such as gold or silver may be one good option. Another, often overlooked, is long term care insurance. “Unexpected care expenses — for [...]

Californians Facing April 15th Tax Filing Deadline Encouraged to Make Charitable Contribution on Tax Form
Mon, 06 Apr 2009 12:24:38 -0500 EST
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LOS ANGELES, Calif. — As Californians face the annual April 15th tax filing deadline, it is important for taxpayers to remember how simple it can be to make a contribution to one or more worthwhile causes while completing their state tax return. California is one [...]

ABA TECHSHOW: Bottom Line Time debuts MonetaSuiteā„¢
Fri, 03 Apr 2009 12:21:42 -0500 EST
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CHICAGO, Ill. — Bottom Line Time today announced the launch of MonetaSuite at the ABA TECHSHOW(R) 2009. MonetaSuite is the Company’s flagship software product family that intuitively and seamlessly track, tag and report the time high-value workers spend in email and other productivity applications. The [...]

Small Businesses Can Add Retirement Planning Tools to Employee Benefits, Says Torrid Tech Founder
Fri, 27 Mar 2009 18:51:48 -0500 EST
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ATLANTA, Ga. — Independent businesses can cost effectively add value to employee benefit packages by including a simple retirement planning software tool for employees to track and manage their personal retirement scenario, according to financial planning software experts Torrid Technologies. Reported in early march by [...]

Californians Fund Important Causes with Checkoff California Campaign
Thu, 05 Mar 2009 22:47:39 -0500 EST
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LOS ANGELES, Calif. — To remind Californians how simple it is to make a contribution to one or more of the fifteen charitable funds participating in the state’s voluntary tax check-off program, the month of March has been declared Checkoff California Month. “Our Golden State [...]

Torrid Technologies Retirement Planning Software Updated for 2009
Thu, 26 Feb 2009 13:27:20 -0500 EST
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ATLANTA, Ga. — The Retirement Savings Planner 2009 from Torrid Technologies (www.torrid-tech.com) is now available in versions both for professional advisors and for individuals or couples who want to be personally involved with managing their personal retirement planning scenarios. The results of a January survey [...]

Tax Benefits Often Overlooked of Long Term Care Insurance for Business Owners and Executives
Thu, 26 Feb 2009 13:24:00 -0500 EST
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KIRKLAND, Wash. — For people in business, there’s good news on the long term healthcare front. They can often insure themselves for less, thanks to favorable tax legislation. “Most owners or executives can use company dollars for a tax-deductible plan for themselves, their spouse, and [...]

Tax-Deductible Long Term Care Insurance Info Now Available From Your Tax Advisor, Thanks to LTCFP
Mon, 16 Feb 2009 14:08:53 -0500 EST
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KIRKLAND, Wash. — Tax time is a good time to ask your accountant about long term care insurance. Why? “Because this special form of insurance can make a big difference in your tax liability and overall financial security,” says Jonas Roeser, Senior Vice President of [...]

My Credit Group Inc. of San Diego Warns that ‘Credit Repair Does Not Work’
Mon, 02 Feb 2009 16:52:57 -0500 EST
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SAN DIEGO, Calif. — The current economic environment has resulted in the emergence of thousands of so called credit repair companies that seek to take advantage of anxious consumers who have false hopes of repairing their credit rating. My Credit Group, which provides professional credit [...]

Tax Deduction Often Overlooked is Long Term Care Insurance
Wed, 17 Dec 2008 13:42:07 -0500 EST
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KIRKLAND, Wash. — Want to keep some of your tax money or get a bigger refund? Then remember, if you have long term care insurance, that deductions are allowed for the premiums you pay. If you don’t have long term care insurance but intend to [...]

Reduce My College Costs Advises Parents Rethink Holiday Cash Gifts Earmarked for Education
Tue, 16 Dec 2008 19:18:44 -0500 EST
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LITTLETON, Colo. — Many people are worried about skyrocketing college costs. As a result, parents of high school seniors often suggest that grandparents make donations to junior’s college fund in lieu of holiday gifts. Reduce My College Costs, LLC warns that this is not a [...]

401k Advisors Launches Retirement Planning Hotline for Virginia Employers
Fri, 12 Dec 2008 15:20:16 -0500 EST
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WILLIAMSBURG, Va. — 401k Advisors, one of the Mid Atlantic’s leading experts in the design, implementation and management of Retirement Plans, today launched a retirement plan hotline for employers and retirement plan fiduciaries. The retirement plan hotline, 757-645-3975, ext 204, provides advice and guidance on [...]

Obama Healthcare Plan Not Likely to Embrace Long Term Care
Wed, 10 Dec 2008 19:37:41 -0500 EST
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KIRKLAND, Wash. — If you’ve put off getting long term care insurance, should you put it off a bit longer, anticipating the new administration’s health plan? “I wouldn’t advise it,” says Denise Gott, Chairman of the Board of LTC Financial Partners LLC (LTCFP), one of [...]

Kentucky’s Casconi Group Launches Retirement Plan Hotline for Employers
Fri, 05 Dec 2008 17:30:34 -0500 EST
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LOUISVILLE, Ky. — Casconi Group, one of Kentucky’s leading experts in the design, implementation and management of Retirement Plans, today launched a toll-free retirement plan hotline for employers and retirement plan fiduciaries. The retirement plan hotline, 1-866-394-9493, provides advice and guidance on plan design, implementation [...]

Oswald Financial Launches Retirement Plan Hotline for Ohio Employers
Fri, 05 Dec 2008 16:59:17 -0500 EST
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CLEVELAND, Ohio — Oswald Financial, Inc., one of Ohio’s leading experts in the design, implementation and management of Retirement Plans, today launched a retirement plan hotline for employers and retirement plan fiduciaries. The retirement plan hotline, 1-216-367-1085, provides advice and guidance on plan design, implementation [...]

Savvy Homeowners Are Turning the Table on Lenders, says National Loan Audits
Fri, 21 Nov 2008 12:18:34 -0500 EST
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WASHINGTON, D.C. — National Loan Audits (nationalloanaudits.com) announced today that since only a fraction of distressed homeowners needing a loan modification are getting the help they need, borrowers should obtain a Forensic Loan Document Audit to determine if their lender complied with all federal and [...]

Telecom Expense Management Success Demonstrated at Calif. WinBill Users Group Conference
Tue, 28 Oct 2008 20:35:43 -0500 EST
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WALNUT CREEK, Calif. — The 2008 National WinBill Users Group Conference focused on how companies can maximize their WinBill ROI (Return on Investment). WinBill customers learned strategies to further automate their inventory management, audit phone bills, reporting and allocation of expenses, according to TeleManagement Technologies, [...]

Social Security Statement, Unread by Many, Recommends Private Long Term Care Insurance
Tue, 28 Oct 2008 18:50:54 -0500 EST
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KIRKLAND, Wash. — “Many Americans assume that Medicare will cover their long-term care expenses,” says Cameron Truesdell, CEO of LTC Financial Partners LLC (LTCFP), one of the nation’s largest and most experienced long term care insurance agencies. “But it just isn’t so. The Government expects [...]

Lamaute Explains 2008 and 2009 Contribution Limits for Solo 401K
Mon, 27 Oct 2008 15:31:37 -0500 EST
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WASHINGTON, D.C. — The newly released IRS 2009 contribution limits for qualified retirement plans means that individuals and their employers can contribute more than ever before to a 401(k) plan, announced Lamaute Capital (member FINRA, SIPC). In addition to the opportunity to shelter from taxes [...]

Annual WinBill User Group Conference Focused on WinBill ROI
Mon, 20 Oct 2008 11:55:20 -0500 EST
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WALNUT CREEK, Calif. — TeleManagement Technologies, Inc. (TTI), the most experienced telecommunications expense management company, hosted their annual WinBill(R), Telecom & Expense Management (TEM) National User Group Conference. This annual gathering brings together users from throughout the United States for an interactive and informative event. [...]

Innovation Prevails for One Savvy Collection Agency
Fri, 17 Oct 2008 22:02:48 -0500 EST
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NEW YORK, N.Y. — In response to economic uncertainty, New York based collection agency Williams, Charles & Scott, Ltd. (WCS) has launched an innovative online payment service called WCS WebPay. WCS WebPay is a proprietary and encrypted web payment option that allows corporations and consumers [...]

Senior Market Sales, Inc. Releases its New Report: ‘Income Riders, A Balanced Perspective’
Fri, 17 Oct 2008 14:53:20 -0500 EST
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OMAHA, Neb. — The annuity experts at Senior Market Sales, Inc. announced today the release of their Free White Paper “Income Riders: A Balanced Perspective,” which offers insurance agents the entire story on one of today’s most popular annuity products. “Income Riders are a fantastic [...]

Long Term Care Insurance Can Offer Safeguards in Financial Crisis
Thu, 16 Oct 2008 12:32:35 -0500 EST
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KIRKLAND, Wash. — What’s a good place for your money in times of financial turbulence? Gold? Treasury bills? Under the mattress? Maybe, but there’s another often-overlooked, protected spot for some of your money: long term care insurance. Why? LTC Financial Partners, a leading agency, points [...]

Personal Bail Out Program for Consumers Stuck in the Credit Crunch
Fri, 26 Sep 2008 11:10:16 -0500 EST
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PASADENA, Calif. — Credit Crunch Fix (CreditCrunchFix.com) has launched a legal document preparation service, to let consumers request relief from past due mortgage payments, credit card debt and even utility interruptions. The attorney-created service is not debt settlement or credit repair, nor legal counsel. Credit [...]

Long Term Care Costs: The Numbers, Useful for Estate and Retirement Planning, Now Available by Phone
Mon, 15 Sep 2008 15:31:23 -0500 EST
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KIRKLAND, Wash. — Long term care, which is not covered by regular health insurance or Medicare, will cost you a bundle. But how much, exactly, in your area? And how do the costs vary by facility type: nursing home, assisted-living facility, or your own home? [...]

Auditel’s Telecom Training for Government Will Stretch Tax Dollars
Tue, 22 Jul 2008 18:10:31 -0500 EST
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ORLANDO, Fla. — Auditel Inc. today announced that it has been awarded by General Services Administration (GSA) schedule of Telecommunication Audit & Financial Training Services (SIN 520 14). Auditel Inc. can now offer GSA rates to military, federal, state, and local Government agencies to reduce [...]

With Capzule, Electronic Medical Records Are No Longer Limited to Physicians with Deep Pockets
Wed, 16 Jul 2008 13:25:47 -0500 EST
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LATHRUP VILLAGE, Mich. — Webahn Inc. announces the launch of an online electronic medical records application – Capzule.com. This new system makes it affordable for small physician groups to make the switch. The launch of Capzule comes at an ideal time. A recent study appeared [...]

MPA’s New GlobalPRIME Payment System Offers HealthCare Cost Savings
Tue, 03 Jun 2008 12:19:16 -0500 EST
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CHICAGO, Ill. — MPA, a Chicago-based firm specializing in the analysis of healthcare data, announces their initial roll out of the GlobalPRIME(TM) Payment System — a healthcare payment system that supports a risk-adjusted global fee for warrantied care of a clinical episode. The need to [...]

Retirement Plan Expert Says New Payments Act as Incentive to Eliminate Credit Card Debts
Tue, 22 Apr 2008 03:49:10 -0500 EST
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WASHINGTON, D.C. — Consumers stung by the sudden doubling of their minimum required monthly credit card payments are finding new ways to eliminate credit card debt by replacing their card debt with cheaper alternatives such as 401(k) loans, said retirement plan expert, Daniel Lamaute, CEO of Lamaute Capital, Inc.

Loquvam Law Counsels that Most American’s Wealth is Lost by the Third Generation
Tue, 15 Apr 2008 01:43:04 -0500 EST
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LOS ANGELES, Calif. — Loquvam Law, Southern California’s premier estate planning law firm asserts that traditional “bare bones” estate planning has focused primarily on what happens after death and usually passes on financial wealth outright with no conditions or safeguards. Today’s American families are realizing that these outdated, traditional estate planning methods are failing them and their families, and they are wanting a more holistic approach to deal with today’s real life issues.

Financial Softworks LLC Announces DashBook 1.0 for Book Publishers
Sat, 05 Apr 2008 01:53:14 -0500 EST
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HOUSTON, Texas — Today Financial Softworks, LLC announced the release of DashBook 1.0, Microsoft(R) Windows based software, expressly designed for small and medium sized publishers. According to founder Gregory Carrier, “DashBook is focused on the idiosyncrasies of selling books.”

New Software for Hospitality Industry Gratuity Based Income
Thu, 03 Apr 2008 02:46:13 -0500 EST
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PHILADELPHIA, Pa. — J.M. Wick and Associates, Inc. has announced the release of P.I.T.: Personalized Income Tracking, a software program exclusively designed for personal at-home use of tracking tips for employees whose income is gratuity based, in addition to meeting the tip reporting needs of employers in the restaurant and hospitality industries.

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