Latest Articles

July 14, 2019 

Imports at the nation’s major retail container ports will remain at high levels this summer but are expected to grow only modestly compared with last year’s rush to bring merchandise into the country ahead of scheduled tariff increases, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett...…

July 14, 2019 

Criminals are leveraging the massive data breaches that have rocked major companies by using the exposed customer information to target consumers directly, according to First Orion, an Arkansas call-management company.

July 14, 2019 

The New Jersey legislature has passed a “student borrower bill of rights” that regulates companies that service student loans, part of a national trend as America deals with its $1.6 trillion student debt crisis. The bill forces companies like Navient, FedLoan and other student-loan servicers to register with the Department of Banking and Insurance and...…

July 14, 2019 

Facebook has agreed to pay a record $5 billion in a settlement with the Federal Trade Commission after a yearlong investigation into the company’s privacy practices, according to multiple reports Friday. Citing unnamed sources, The Wall Street Journal, The Washington Post and The New York Times reported that the FTC this week voted to approve...…

July 12, 2019 

Starting in 2018, the Tax Cuts and Jobs Act (TCJA) put taxpayers on a strict tax diet for state and local taxes (SALT). Essentially, it limits the total deduction to $10,000 a year under a provision scheduled to last through 2025.

Ken Berry, JD

July 12, 2019 

While the sole proprietor or small business owner may not realize their impact on the U.S. economy, small businesses account for 55 percent of all jobs in the U.S.  Since 1982, the number of small businesses has risen 49%, with no signs of slowing down.  While some of these small businesses will never grow past...…

Mary Girsch-Bock

July 12, 2019 

Accounting Suite www.accountingsuite.com From the July 2019 reviews of small business accounting systems. AccountingSuite is a good fit for sole proprietors, freelancers, and small businesses that are looking for scalability and anytime/anywhere access. An all-inclusive application, AccountingSuite includes complete GL functionality as well as Time and Project Tracking, Customers/Vendors, Inventory, Purchasing, Sales, and Cloud Banking...…

Mary Girsch-Bock

July 12, 2019 

FreshBooks Cloud Accounting www.freshbooks.com From the July 2019 reviews of small business accounting systems. FreshBooks is best suited for sole proprietors, consultants, and other micro-businesses that are looking for mobile capability and an easy way to track business expenses. As one of the mobile pioneers, FreshBooks was started in 2003 as a way for those...…

Mary Girsch-Bock

July 12, 2019 

Xero www.Xero.com From the July 2019 reviews of small business accounting systems. Xero is best suited for very small businesses, sole proprietors, and freelancers that need to better manage their income and expenses. Completely online, Xero offers a long list of product features including Payments, Asset Management, Bank Reconciliation, Expense Management, Invoicing, Quotes, Inventory, Project...…

Mary Girsch-Bock

July 12, 2019 

Denali Business Accounting Software Cougar Mountain Software www.cougarmtn.com From the July 2019 reviews of small business accounting systems. Denali Business Accounting, from Cougar Mountain Software, is a good fit for small to mid-sized businesses looking for a scalable accounting application. Denali can be installed on-premise or users can access the application on the cloud. Denali...…

Mary Girsch-Bock

July 12, 2019 

Sage Business Cloud Accounting Sage Software www.sage.com/en-us From the July 2019 reviews of small business accounting systems. Formerly known as Sage One, Sage Business Cloud is a good fit for micro-businesses and sole proprietors that desire an easily accessible accounting application. Sage Business Cloud can be accessed from a computer, tablet, or smart phone, with...…

Mary Girsch-Bock

July 12, 2019 

Accounting Power CAS AccountantsWorld www.accountantsworld.com From the July 2019 reviews of small business accounting systems. Accounting Power CAS, from AccountantsWorld, offers a unique accounting and practice management solution ideal for accounting firms that wish to provide bookkeeping services to their clients. Accounting Power CAS provides complete accounting functionality along with write-up capability. Completely cloud based,...…

Mary Girsch-Bock