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accounting News

accounting News From AOL News

Obama Says He Wants Oil Producers to Boost Output

Apr 26th 2011 – 8:54PM
Joe Raedle, Getty Images

Joe Raedle, Getty Images

WASHINGTON -- As the high cost of gasoline takes a toll on politics and pocket books, President Barack Obama said Tuesday he is calling on major oil producers such as Saudi Arabia to increase their oil supplies to help stabilize prices, warning starkly that lack of relief would harm the global economy. "We are in a lot of...

Obama's Pulpit Is Bully, but GOP Keeps Charging

Apr 19th 2011 – 5:02PM
Pablo Martinez Monsivais, AP

Pablo Martinez Monsivais, AP

WASHINGTON -- Running for re-election, President Barack Obama is employing powers not available to his Republican challengers. Just this week he's holding town halls in three states, arriving in grand style on Air Force One and granting coveted interviews to local TV news anchors. He doesn't have the field entirely to...

Rich Paying Less Income Tax, Half of Households Pay None

Apr 17th 2011 – 11:59PM
Scott Olson, Getty Images

Scott Olson, Getty Images

WASHINGTON - Still scrambling to file your taxes? You'll probably take little consolation in hearing that the super rich pay a lot less taxes than they did a couple of decades ago. And nearly half of U.S. households pay no income taxes at all. The Internal Revenue Service tracks the tax returns with the 400 highest...

One Tax Preparer Doubles as a Sex Worker, The Other Does Psychic Readings

By David MoyeApr 15th 2011 – 7:40AM
Corbis

Corbis

Most of Lydia Tinker's customers come to her because she does a great tax return, but some come back because they want a psychic reading. For the past 35 years, Tinker, a licensed tax preparer in La Mesa, Calif., has offered psychic readings from the spirit world to her customers, many of whom would simply be happy with a...

Obama First to Put Tax Hikes on Budget Table

Apr 12th 2011 – 5:26AM

WASHINGTON - Higher taxes have been missing from the fierce budget battle that nearly shut down the federal government. But President Barack Obama is about to put them on the table - at least a modest version that he had pushed before and then rested on the shelf. Most economists and budget analysts say a comprehensive...

accounting News From AOL

THE HUFFINGTON POST

Charity Tax U-Turn Confirmed By Treasury - The Fifth U-Turn In A Week

May 31st 2012 - 07:37AM

The government has performed yet another U-turn, abandoning plans for the so-called "Charity Tax" - a cap on tax-relief on philanthropic donations which was due to be set at £50,000.

THE HUFFINGTON POST

Mitt Romney Is the Inequality Candidate

May 30th 2012 - 07:36PM

America is an unequal society , and our inequality is growing.

THE HUFFINGTON POST

Cutting Services Coast to Coast: How Far Is Too Far?

By Dominic Carter May 30th 2012 - 05:24PM

The argument about fiscal austerity has been drilled into all of us.

THE HUFFINGTON POST - BUSINESS

IMF Chief, Who Doesn't Pay Taxes, Slams Greeks For Not Paying Taxes

May 30th 2012 - 11:47AM

IMF chief Christine Lagarde wants the people of Greece to pay their taxes.

THE HUFFINGTON POST

Illinois Legislators Vote To Double Cigarette Tax

May 30th 2012 - 09:33AM

The Illinois Senate voted 31-27 Tuesday in favor of raising the state tax on cigarettes by $1, from 98 cents to $1.98 per pack.

accounting News From the Web

  • 05/31/12 Finance Minister to meet with book industry members Source: Radio Jamaica Finance Minister Dr. Peter Phillips has agreed to hold talks with another group which is taking issue with aspects of the tax measures which he announced a week ago.
  • 05/31/12 Cabo Announces Record 3rd Quarter Results Source: Russel Metals Inc NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 31, 2012) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE) reports its fiscal year 2012 third quarter results for the quarter ended March 31.
  • 05/31/12 Government announces another U-turn as charity tax... Source: The Independent - London - UK The cap - limiting relief at £50,000 or 25% of income - was proposed in Mr Osborne's March 21 Budget but sparked massive protest from charities, who warned they could lose a significant proportion of their income.
  • 05/31/12 New blow for Birmingham City as parent company... Source: Birmingham Mail - Birmingham - West Midlands - UK BLUES' financial problems continued when the club's parent company failed to release details of another set of results.
  • 05/31/12 Mac-Gray Corporation Declares Regular Quarterly... Source: PR Newswire WALTHAM, Mass. , May 31, 2012 /PRNewswire/ -- The Board of Directors of Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-family housing, has declared a quarterly dividend of $0.0605 per share on the Company's Common Stock payable on July 2, 2012 , to stockholders of record at the close of business on June 15, 2012 .

Background on accounting

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers.

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