Small Business

Online accounting software maker Xero has released a new collection of critical tips and advice from accountants that is designed to help small businesses improve operations in 2014.

Amazon.com will begin collecting sales tax in North Carolina beginning Feb. 1, a company official confirmed Monday.

You probably know that non-exempt employees are covered under FLSA, which imposes requirements for overtime and other aspects of employment. Exempt employees, on the other hand, are not subject to FLSA.

Unless you’ve been living under a rock the last few years, you’re well-aware that the massive health care legislation known informally as “Obamacare” by both its detractors and proponents remains the law of the land.

Starting this year, the credit goes up to 50 percent for for-profit entities, and 35 percent for tax-exempt ones.

One of the more interesting aspects of blogging, as opposed to filing hard news stories each day, is that I have a little more time to watch battle lines being drawn. And if the lines being drawn now are any indication, 2014 should be a fun year to watch as companies and politicians enter the fight cage.

With one-man firms comprising roughly 40% of the accounting services industry, according to IBISWorld, and around one-third of all CPAs admitting to a bit of moonlighting in a 2008 Bay Street Group survey, it’s clear that a large segment of the industry has more than just its clients’ small business needs to deal with.

U.S. Supreme Court Arguments Held Yesterday; Businesses Have Until April 15, 2014, to Reserve the Right for a Refund of FICA Taxes Remitted on Severance Pay in 2010