Small Business

April 20, 2020 

With more than 30 million small businesses serving as the backbone of the American economy, it’s critical for owners to make financial viability a top priority so they can get back to business as usual. Everyone has been affected by the coronavirus ...

April 19, 2020 

The MACPA has joined forces with the Maryland Chamber of Commerce, the Maryland Bankers Association, and a number of other business-centric organizations to urge congressional leaders to provide additional funding to the Small Business Administration’s...

April 17, 2020 

The FFCRA covers the costs of this paid leave by providing small businesses with refundable tax credits. Certain self-employed individuals in similar circumstances are entitled to similar credits.

April 17, 2020 

During the first 10 days of the federal government’s small-business rescue program, the spigot was wide open in Nebraska. Firms there got enough money to cover about three-fourths of the state’s eligible payrolls. It was a different picture in New York.

April 16, 2020 

Sage Software has launched an online resource hub and assessment tool for businesses and accountants find relief assistance available to them based on their industry type and how they have been impacted by the Covid-19 crisis and state stay-at-home ...

April 16, 2020 

With reports that the PPP’s initial $349 billion pool of funds will be fully subscribed as early as today, the need for quick and decisive action by Congress is clear. Small businesses are the nation’s economic engine and supporting and stabilizing ...

April 16, 2020  Sponsored

Cash flow has always been a common pain point for small business owners and is top of mind now more than ever. For the first time, QuickBooks Cash Flow provides a platform where business owners and accountants can see and manage their clients’ entire ...

April 16, 2020 

As for our profession, you have no doubt read, heard and seen how disruption was coming. Your reactions may have ranged from a mild shrug to rabid agreement. But opinions varied on when disruption would arrive and truly ...

Garrett Wagner

April 16, 2020 

The U.S. Census Bureau said that overall retail sales during March were down 8.7 percent seasonally adjusted from February and down 6.2 percent unadjusted year-over-year. The monthly drop is the largest ever recorded.

April 15, 2020 

At last, The Treasury issued guidance related to self-employed individuals and how the Paycheck Protection Program (“PPP”) applies to them. If you remember, the initial CARES Act language included 1099s as part of payroll costs for small businesses ...

Marty McCutchen

April 15, 2020 

There’s a lot to learn, and not a lot of time to learn it. The business landscape is changing overnight: Another unknown may be how to handle sales tax on takeout or delivery services.

April 13, 2020 

Avalara launches the Sales Tax Risk Assessment at a time when businesses, primarily online sellers, are facing added sales tax complexity. The South Dakota v. Wayfair, Inc. ruling in June 2018 stated that given the power and prevalence of the ...