Fleet-management software is helping construction firms save on fuel, according to this article. For instance, company vehicles without a fleet-management solution generally idle for about 96 minutes a day, according to data. "For construction companies, fleet management technology can provide a number of benefits from cost savings to increased efficiencies between the vehicles and the back office," the article states.
On Friday, the AICPA raised concerns with the Internal Revenue Service about the ongoing delay in the agency's ability to accept many tax forms and the problems that the compressed tax season is causing taxpayers and practitioners. The letter asked the IRS to clarify when it will be able to accept those delayed forms and requested that the IRS consider granting penalty relief for taxpayers affected by this tax season's delays.
Minneapolis' Butter Bakery Cafe is finding its banks, Wells Fargo and Franklin Bank, still hesitant to lend. The small business turned to nonprofit lender Metropolitan Consortium of Community Developers for a loan to expand. The consortium is supported by Franklin, Wells Fargo and other banks that think companies helped by the group could one day become a commercial account.
A January survey of U.S. consumer confidence revealed no improvement from December, despite the absence of imminent "fiscal cliff" worries. "People have tended to be cautious about the economy for a long time. We haven't seen much change in that sentiment for a while," said Matt Towson, a spokesman for the Discover U.S. Spending Monitor survey.
Accountants serving in Congress announced Friday that they have organized the Congressional Caucus on CPAs and Accountants for the 113th Congress. The group formed in 2011 with 10 members, and has increased its membership to 12 with the addition of new representatives from Florida and South Carolina.