Latest Articles

  • IRS Warns of Bogus Obamacare Notices

    By:
    Chris Gaetano
    |
    Sep 23, 2016
    Adding to the ever-lengthening bestiary of scams, scams and flimflams, the IRS is warning people not to fall for a bogus email asking tax filers to send an Obamacare-related payment.
  • FASB Proposes Shortening Amortization Date of Callable Debt Securities

    By:
    Chris Gaetano
    |
    Sep 23, 2016
    The Financial Accounting Standards Board (FASB) has released a proposal that, if implemented, would require the premium of callable debt securities to be amortized to the earliest call date, versus the current requirements that they be amortized to maturity. 
  • IRS Employee Pleads Guilty to Tax Fraud

    By:
    Chris Gaetano
    |
    Sep 22, 2016
    An IRS employee pleaded guilty to using taxpayer identities to file false tax returns to get inflated refunds for himself and his friends. 
  • Report: Gender Pay Gap to Close By 2152

    By:
    Chris Gaetano
    |
    Sep 22, 2016
    A recent report said that, if current trends continue, it will take 136 years for women to close the gender pay gap with men. 
  • Study: Your Power Point Presentation Probably Too Wordy

    By:
    Chris Gaetano
    |
    Sep 21, 2016
    A recent study has found that Power Point presentations generally have too many words, something that helps neither the presenter nor their audience, as both can lead people to disengage with the talk itself. 
  • Average Small Business Can Survive 27 Days With No Income

    By:
    Chris Gaetano
    |
    Sep 21, 2016
    A study by JPMorgan has found that your average American small business has about 27 days worth of reserve cash on hand to cover expenses if inflows suddenly stopped. 
  • NY Federal Judge: Bitcoin Is Money

    By:
    Chris Gaetano
    |
    Sep 20, 2016
    A New York Federal Judge has ruled that, at least for the purposes of criminal prosecution, the digital currency known as bitcoin, despite not being connected to any sovereign nation, is considered money. 
  • Wells Fargo CEO Faces Senate Hearing

    By:
    Chris Gaetano
    |
    Sep 20, 2016
    Wells Fargo CEO John Stumpf faced a hearing before the Senate Banking Committee, where he apologized for the scandal where millions of fake accounts were opened in customer's names, but insisted there was nothing systemic or deliberate going on. 
  • SEC Says E&Y Partners Got Too Friendly With Clients

    By:
    Chris Gaetano
    |
    Sep 19, 2016
    Big Four firm Ernst and Young has agreed to pay the Securities and Exchange Commission $9.3 million to settle charges related to two audit partners who got a little too chummy with their clients. 
  • Paper Undergoing Slow, Steady Decline

    By:
    Chris Gaetano
    |
    Sep 19, 2016
    While paper still remains popular with American businesses, the amount they use has been steadily going down, year by year, with number of prints declining by 10 percent since 2007, the year of peak paper.