Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
April 13, 2021
Businesses Expect Pre-Pandemic Revenue by End of 2021
U.S. businesses are becoming increasingly confident they will return to pre-pandemic revenue levels by the end of 2021, according to the 2021 Return to Growth Outlook report from cloud business management technology maker Sage.
April 13, 2021
Small Business Jobs See Significant Gains
"Increased hiring and wage growth in the leisure and hospitality industry, which was particularly impacted over the past year, are promising signs.”
April 9, 2021
Virtually Fraud-Proof: Why Now is the Time to Grow Your Virtual Card Program
One of the business stories coming out of the last year is the dramatic growth of electronic supplier payments. In Q4, Nacha, National Automated Clearinghouse, reported a 15 percent year-over-year increase in B2B ACH payments.
April 8, 2021
Paying People Properly
The failure to correctly pay employees as required by the Fair Labor Standards Act (FLSA), as well as similar state wage and hour laws, causes the most frequently filed style of lawsuits by employees against their employers.
April 2, 2021
Diversity, Equity, and Inclusion for the Modern Firm
The benefits of a diverse and inclusive workplace are numerous. Young people want to work for companies with strong values that reflect a DEI-focused approach to hiring and culture. Diverse workforces are also statistically proven to generate more ...
April 1, 2021
IRS Has Sent Stimulus Payments to More than 130 Million Americans
This brings the total disbursed so far to more than 130 million payments worth approximately $335 billion.
April 1, 2021
Client Experience for Today – Collaboration Is the New “Must Have”
From the April 2021 Issue. When did collaboration become a “must have?” While many milestone releases of products could be shown as the starting line, working simultaneously together on the same file is an attitude. It is different this decade than it was at any time before. While I still despise getting large documents via...…
April 1, 2021
Accounting Amid COVID: When Will CPAs Get Some Relief?
This year, while a marked improvement from its predecessor, has faced a few similar challenges – primarily, that tax practitioners have again been left scratching their heads. This time, the confusion is around why the IRS gave only one extra month for the tax season, compared to three last year. The injury has been worsened...…
March 31, 2021
Some May Receive Extra IRS Tax Refund for Unemployment
Because a change in the taxability of unemployment benefits was made into law after some people filed their taxes, the IRS will automatically calculate the amount those taxpayers should be refunded, starting in May.
March 31, 2021
Some Will Receive Second IRS Tax Refund in May
The IRS will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan.
March 31, 2021
New York State Legalizes Recreational Marijuana
Adults over 21 will also be allowed to grow marijuana at home. It will be a while before legal sales begin or plants are allowed to grow as the newly-created Office of Cannabis Management is formed and finalizes rules and regulations.
March 31, 2021
IRS Says Taxpayers Should Not File Amended Tax Returns Due to Stimulus Law
The IRS is strongly urging taxpayers to not file amended returns related to the new provisions in ARPA or take other unnecessary steps at this time.