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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
Retailers Saw Increased 2021 Sales, But Also $761 Billion in Sales Returns
Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 percent of total U.S. retail
Massachusetts Collects More Taxes on Marijuana than Alcohol
The commonwealth collected $74.2 million in marijuana excise tax through December 2021, WCVB reported. In comparison, alcohol collected $51.3 million.
How Accounting Firms Can Add Value to Clients through Pricing Services
One way to add value to your accounting firm’s services is to help clients with their pricing. Let’s take a closer look at how your firm can help with price changes and why it’s important.
States Want Online Marketplaces to Police for Stolen Goods
To help prevent someone from selling stolen goods on a marketplace, California and several other states want marketplaces to obtain and share the names and contact information of high-volume marketplace sellers.
Hotel Industry Forecasts Improving Market for Lodging
The hotel industry will continue moving toward recovery in 2022, but the path will be uneven and potentially volatile, and full recovery is still several years away, according to a report by the American Hotel & Lodging Association.
New NetSuite Cash 360 Provides Realtime Cashflow Management
Cash 360 also simplifies cash management by providing a configurable dashboard that can include links to key cash management activities – displaying reminders of tasks that need to be taken care of, current cash balance, accounts payable and accounts ...
Tennessee Starts Accepting Sales Tax Exemption Certificates from Other States
The policy change results from the repeal of Tennessee’s Sales and Use Tax Rule 96, which required Tennessee suppliers to collect Tennessee sales tax on products sold to out-of-state dealers unless such dealers provided a Tennessee resale ...
2021 Holiday Retail Sales Grew 14.1 Percent
Despite supply chain challenges, retailers kept their shelves stocked and consumers were able to fill their carts both in-store and online. Holiday spending during 2021 reflected continued consumer demand that is driving the economy and should continue...