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Post Office to Stop Delivering Letters on Saturdays —Accounting Today

Six Days of Package Delivery and Five Days of Mail.  Does This Mean Stamp Prices Will Go Down by 16¢?   Michael Cohn at Accounting Today reports that the U.S. Postal Service said Wednesday that it will end Saturday delivery of letters starting in August, but will continue to deliver packages, in an effort to cut costs.  More: The Postal Service expects to generate cost savings of approximately $2 billion an ...

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Big Four Firms Saw Big Revenue Increase in 2012—Accounting Today

Solid revenue growth last year following strong performance in 2010 and 2011 after a severe revenue decline in 2009 Michael Cohn at Accounting Today reports this growth according to a newly published analysis.  The report, from the social networking forum, analyzed the 2012 financial performance of Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers. It found that after a strong 2011, fisc ...

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Few Small Businesses Claim Health Insurance Tax Credit –Accounting Today

Far fewer small employers claimed the health insurance tax credit for small businesses in the health care reform law than were eligible, according to a new government report.  So reports Michael Cohn at Accounting Today: The Small Employer Health Insurance Tax Credit was included in the Patient Protection and Affordable Care Act of 2010 as a way to help small businesses pay for the cost of health insurance. ...

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