Accounting
Latest News
Businesses Boarding Up as Floridians Go Inland to Avoid Hurricane Milton
AICPA Comments on Dual Consolidated Losses, Disregarded Payments
Convenience Stores Face Many Challenges on Regulated Business Licenses
Finance Sector Hit Hardest By Job Scammers, Report Finds
PPP Refilled with $320 Billion as New $484 Billion Coronavirus Relief Bill Signed into Law
The final bill includes $320 billion to make new loans under the Paycheck Protection Program, which provides forgivable loans to small business that keep employees on the payroll for eight weeks. The measure includes $60 billion in EIDL.
AICPA Releases Recommendations for Administrative, Filing and Payment Relief for State and Local Taxes During Coronavirus Pandemic
As the country works to navigate changes in federal and state tax filing and payment deadlines as a result of the global coronavirus pandemic, the American Institute of CPAs (AICPA) is providing recommendations for administrative, filing and payment ...
3 Ways the COVID-19 Crisis has Affected Corporate Travel and Entertainment Expense Claims
Business travel and entertainment have come to a standstill. Many companies have switched almost entirely to working from home to enforce social distancing or comply with mandatory shelter-in-place mandates.
AICPA Wants Accounting Firms Recognized in Coronavirus PPP Application Process
The AICPA, after discussions with its coalition partners, and key banking leaders and stakeholders, is working to drive a common understanding and approach around the firm – lender relationship related to the implementation of the PPP.
Invoiced Releases New AI-Based Cash Application Engine for Mid-Sized Businesses
The new cash application engine includes many new features that enable accounting, finance and operations teams to automatically identify, import and match unapplied payments with invoices, balances and customers.
Employees Earning Under $75,000 More Likely to Get Laid Off During COVID-19
Covid-19 hit the labor market like a sledgehammer in March and April, driving mass layoffs in the U.S. to their highest point since World War II. 22 million Americans have lost their jobs during the outbreak, and 14% of the country’s workforce isn’t ...
Survey: 58% of Small Businesses Opposed to Reopening on May 1
In addition, 68% of survey respondents reported applying for a Paycheck Protection Program loan before funding for the $350 billion program to help small businesses weather the COVID-19 crisis ran dry last week.
Bookkeeper360 Offers Specialized Bootcamp for Small Businesses Affected by COVID-19 Shut Down
In an effort to help small businesses get back on track post-COVID-19, Bookkeeper360 has teamed up with Grade My Business to provide a free Business Bootcamp.