Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
April 24, 2020
Transitioning to Work from Home Productively During COVID-19
Perhaps the most significant and lasting change will be how we work, as millions of Americans have transitioned to working from home instead of commuting to the office. While this change brings many perks, including a lot less traffic on the road ...
April 24, 2020
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.
April 23, 2020
Accounting Firm Rea & Associates Acquries Two Firms
Rea & Associates Inc., a regional accounting and business consulting firm, has announced its intention to acquire and merge in the Concord, Ohio-based firm, Jones Battles Group LLC, June 1, 2020. Additionally, Rea plans to merge in the ...
April 23, 2020
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 ...
April 23, 2020
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.
April 23, 2020
IRS, Treasury Issue Guidance for Applying UBTI ‘Silo’ Rules for Tax-Exempt Orgs
Changes under the TCJA require tax-exempt organizations subject to the UBTI tax to compute UBTI, including any NOL deduction, separately for each trade or business (referred to as a “silo”).
April 23, 2020
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.
April 23, 2020
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.
April 22, 2020
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 ...
April 22, 2020
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.
April 22, 2020
Is the IRS Targeting Captive Insurance Arrangements?
In a captive insurance arrangement, a business forms a related insurance company for the purpose of insuring primarily, though not exclusively, risks of that related business. Via captive insurance arrangements, businesses can cost-effectively insure ...
April 22, 2020
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.