IRS Lacks Authority to Regulate Paid Tax Preparers
During 2009, the IRS Commissioner Doug Shulman conducted a 6-month background study on Tax Preparer Standards. Input was obtained from…
Legal News
Inside Trades Cause Two Hong Kong Firms to Pay $11 Million
According to The Securities and Exchange Commission, the two Hong Kong-based firms which managed accounts that were frozen in a…
Nevada Drops Appeal to Defend Same-Sex Marriage Ban
Nevada withdrew efforts to fight for it's gay-marriage ban in court. Utah is being supported by 11 states to reverse…
Legislation Unveiled that Would Make Medical Marijuana Legal in Florida
On Monday, legislators in Florida introduced two identical bills that would legalize medical marijuana treatment. The move is an effort…
Apple Loses Bid to Block Antitrust Monitor
The 2nd U.S. Circuit Court of Appeals has denied Apple's latest bid to block the e-books antitrust monitor, but clarified…
Watchdog Group Wants $13 Billion JPMorgan Chase & Co. Settlement Reviewed
A Wall Street watchdog group founded by an Atlanta hedge fund manager said, JPMorgan Chase & Co. (JPM)'s $13 billion…
7th Circuit Upholds Life Sentence of Former Gallatin County Sheriff
The 7th U.S. Circuit Court of Appeals has unanimously upheld the consecutive life sentences of former Gallatin County Sheriff, Raymond…
Obama Signs Farm Bill into Law
The United States Senate passed and President Obama signed into law H.R. 2642 (Federal Agriculture Reform and Risk Management Act…
AOL CEO Apologizes for Comments Specifying Women who Gave Birth to ‘Distressed Babies’
After commenting at a Town Hall meeting on how Obama Care and Distressed babies were the reason for a controversial…
Federal Benefits to be Extended to Same-Sex Married Couples
On Saturday, U.S. Attorney General Eric Holder said in a speech that the federal government will begin treating same-sex married…
The Sony Corp. Split
The Sony Corporation is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is…
California Gun Law Leaves Room for New Rules
California has effectively banned semiautomatic handguns, tightening restrictions that are making gun enthusiasts feel that it's an indirect and unconstitutional…