Accounting

March 16, 2022 

Although the definition of what constitutes a “reasonable” wage may seem subjective, the IRS scrutinizes the S Corp’s source of income—its gross receipts—and then determines if (and what tasks) the owner/shareholder performed for the S Corp to assist ...

Nellie Akalp

March 16, 2022 

Nonprofit organizations accelerated plans to adopt new technologies, operational models, and budgeting and financial approaches last year because of the pandemic, according to our annual Nonprofit Pulse Survey of leaders and executives conducted ...

March 16, 2022 

Small business growth has boomed during the pandemic, with business applications growing substantially in 2021 as compared to 2020 and 2019. As these new businesses grow and scale – many of which are selling their services or products online ...

March 16, 2022 

When asked what was most likely to deter IPO and SPAC transactions for their organizations in the year ahead, private equity respondents pointed to a global economic downturn (26%) while corporate development professionals said undesirable ...

March 15, 2022 

The Sunshine Protection Act, which was co-sponsored by lawmakers of both parties, would lock in next year’s switch to Daylight Saving Time in March. It follows a 2018 Florida law that would permanently lock in Daylight Saving Time contingent ...

Accounting Technology Lab Podcast March 15, 2022 

Part 2: Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review IRIS Software and AccountantsWorld.

Brian Tankersley, Randy Johnston

March 15, 2022 

The extended deferment period will provide additional flexibility to small business owners impacted by the pandemic, especially those in hard-hit sectors managing disruption with recent variants, as well as recent supply chain and inflation challenges ...

March 15, 2022 

Several of the largest carriers, including United Airlines Holdings Inc. and American Airlines Group Inc., cut their capacity forecasts for the first quarter, while Delta Air Lines Inc. held growth to the low end of a previous range, according to ...

March 15, 2022 

Corporate social responsibility at Paychex is evolving to address issues most important to the company's clients, employees, communities, and investors. The program is centered on four strategic pillars: employees, ethics, communities, and the ...

March 15, 2022 

NRF forecasts that 2022 retail sales will total between $4.86 trillion and $4.95 trillion. The numbers exclude automobile dealers, gasoline stations and restaurants. Non-store and online sales year-over-year, which are included in the total figure ...

Isaac M. O'Bannon

March 15, 2022 

After two years of retooling and resilience, small businesses still face a difficult recovery, with nearly 80% of small businesses reporting continued negative effects and 63% reporting a reduction in revenue compared to 2019.

March 15, 2022 

Nearly three out of four (74%) chief audit executives (CAEs) and senior internal audit leaders report that their organizations have completed or are currently undertaking initiatives to transform and innovate their internal audit function.