Small Business
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IRS Will Phase in $600 Form 1099-K Reporting Threshold in 2026
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
FASB Issues Standard on Induced Conversions of Convertible Debt Instruments
IRS Announces National Tax Security Awareness Week Starts on Dec. 2
Is Your Tech Stack Helping or Hindering Client Experience?
The tools we use should benefit the firm’s productivity and bottom line. But in our quest for productivity and efficiency, we often inadvertently neglect to weigh our client’s experience of the tools in our tech stack.
Starting a Business? Why You Should Consult a CPA
Bringing big plans to fruition and keeping the company viable as it grows can be a weighty task. About 20 percent of new businesses fail within one year, and only about a third of new businesses are around after 10 years.
Neat Adds Financial Management Capabilities
The Neat Company, a provider of small business bookkeeping automation and document management, has added new capabilities to its financial management platform. Neat now gives small business owners even more options with respect to exporting their ...
QuickBooks Online Recertification Window Open Through June 30, 2022
Summer is a great time to assess your firm’s strengths, client base, and marketing efforts. Whether you have your own firm or are part of a team, keeping your QuickBooks Online Certification current is a component of life-long learning, as well as ...
Retail Sales Remain High Despite Inflation
The data suggest that Americans are still spending on merchandise at a rapid clip — potentially fueled by credit-card borrowing — even as prices rise at the fastest pace in decades. That said, economists expect consumer spending to shift away from ...
Businesses Increase Employee Mental Health Support, But Many Workers Are Still Struggling
Half of workers still report their mental health has deteriorated since the start of the pandemic, with 58 percent citing increased work hours or workload as taking the greatest toll. 84 percent of employees report they can’t stop thinking about work.
Cannabis Business Accounting: Bad Debts
If you are on the accrual method of accounting, and you recognize income as it is incurred and someone doesn’t pay you, you have a bad debt. However in cannabis you are stymied by Section 280E, which only allows cost of goods sold (COGS) to be deducted.
Imports Set New Record at U.S. Ports
Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to the ...