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State auditor reviews workers' comp system

A new state audit has made recommendations to improve accountability and efficiency in the workers' compensation system.

State Auditor Suzanne Bump said yesterday that her office's review found that the Department of Industrial Accidents, which oversees the system, does not ensure that assessments paid out by insurance companies are accurate.

Bump said the audit has already led to a number of improvements at the department, including the hiring two internal auditors to review insurance assessments. The audit examined fee collections, claims payments, and internal procedures from July 1, 2010 to Sept. 30, 2012.

All private employers in Massachusetts are required to carry workers' compensation insurance and pay claims by individuals through a commercial insurance policy, self-insurance, or membership in a self-insurance group.

Consumers save $25.9M in sales taxes

Consumers saved an estimated $25.9 million in foregone sales tax during last weekend's sales tax holiday, according to the state Department of Revenue, which will issue a report on the impacts as part of a December certification process. The foregone sales tax revenue was greater last weekend than the $24.6 million in 2013 or any year prior, according to data provided by spokeswoman Maryann Merrigan. Some form of tax free holiday has occurred every year since 2004, except 2009.

DOR is also planning a tax amnesty program in December. The program was ordered in the annual budget, and proponents say they hope it will bring an influx of revenues without the need to raises taxes. Eligible individual or business taxpayers will receive a notice in the mail and will have a window from Sept. 1 through Oct. 31 to pay back taxes with interest, while avoiding penalties.

Porter Airlines to increase service
between Boston and Toronto

Porter Airlines will increase service between Logan International Airport and Canada's Billy Bishop Toronto City Airport on Sept. 20. The Toronto carrier will add a sixth roundtrip flight on Sundays between the two cities and a fourth Toronto-to-Boston flight on Saturdays, for four full round-trips on that day. The low-cost carrier started flying out of Logan in 2009.

•  Rodman & Rodman, P.C., an independent accounting and tax firm located in Newton, has promoted Leah Shanahan, left, to manager. A certified public accountant, Shanahan previously held the position of supervisor for seven years. In her new role as manager of the business services team, she will provide audit and tax services to a diverse client base and help lead the firm's software advisory and support team.

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