Accounting
Latest News
Review of CYMA Payroll- The Accounting Technology Lab Podcast – August 2024
Report Shows Hybrid Work is Good for Business
Retail Sales Grew in July
AICPA Asks IRS to Simplify Filing of Revised Form 8308, Exchanges of Partnership Interests
Grant Thornton Expands Fraud and Forensics Practice
Miller rejoins Grant Thornton after serving for more than a year as the deputy executive director for the federal government’s Pandemic Response Accountability Committee (PRAC), where she oversaw $5 trillion in federal appropriations aimed at ...
AICPA Supports Tax Fairness for Small Businesses, Improving Deduction for QBI Under Section 199A
The AICPA has submitted a letter to Senate Finance Committee and the House Ways & Means Committee leadership regarding potential modifications to the qualified business income (QBI) deduction under section 199A within the Small Business Tax Fairness Act.
AICPA Names 2021 George Willie Scholarship and Internship Recipients
The George Willie program provides a scholarship and internship to ten ethnic minority accounting students who intend to pursue a CPA. The AICPA provides a scholarship of up to $10,000 to each student to assist with their final academic year.
Vic.ai Raises $50 Million to Spur AI Adoption for Enterprise Finance and Accounting
Vic.ai was launched in 2017 to build fully autonomous AI systems that make finance and accounting teams more efficient, accurate, and intelligent. The company’s AI platform has now processed more than 535 million invoices with 95 percent accuracy ...
Neat Introduces Free Small Business Accounts Receivable System
NeatInvoices empowers small businesses to issue customized professional invoices and accept secure online payments. Customers can pay an invoice with just a few taps using online banking credentials or a debit/credit card.
Business Travel Falls Again as Covid Persists
Despite an uptick in leisure travel over the summer, the new survey highlights the dim outlook for business travel and events, which account for more than half of hotel revenue and aren’t expected to return to pre-pandemic levels until 2024.
Chicago Sues Grubhub and DoorDash for Deceptive Practices
In addition, the city alleges DoorDash used customer tips intended for delivery drivers to subsidize their pay and imposed a $1.50 “Chicago Fee” on every order within the city limits in response to the November 2020 emergency cap on commissions it was...
How to Help Your Client or Business Through a Sales Tax Audit
Tax laws continue to evolve and add new complexities to business operations. As a result, stakeholders expect their CPAs or internal tax professionals to be prepared for anything. However, as most accountants know, it is impossible to specialize in ...