Latest Articles

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May 6, 2019 

New China Tariffs Would Hurt Economy, Says Retail Group

A report from Trade Partnership found that increasing tariffs on $200 billion of goods to 25 percent, coupled with tariffs already in place and retaliation, would reduce U.S. employment by over 934,000 jobs, cost the average family of four $767 and ...

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May 1, 2019 

Business Revenue Survey May Signal Coming Recession

Small and micro businesses in the U.S. saw significant signs of declining revenue growth in Q1 2019, continuing a downward trend since 2017, with less than 30% saying they plan to hire any new employees or add any subcontractors this year, according ...

economy graph chart 1_10919395

May 1, 2019 

Small Business Hiring and Wage Growth Remain Consistent in April

In the first four months of 2019 job growth has remained relatively consistent, slowing just 0.03 percent per month to 98.77 in April. Annualized hourly earnings growth in the last quarter was 2.78 percent, higher than April’s rate of 2.50 percent ($0.66)

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May 1, 2019 

The Tax Blotter: May 1, 2019

Under the Tax Cuts and Jobs Act (TCJA), parents can no longer claim dependency exemptions for qualifying children, effective for 2018 through 2025. But you may be able to offset this loss with certain tax credits.

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May 1, 2019 

From Excessive Gratuities to Egregious Typos, Receipt Verification Finds Them All

Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, and make sure the receipt matches the information input by the employee. This may sound daunting, but this process is essential for catching potential mistakes – or worse, fraud within travel and entertainment (T&E) spend. Catch discrepancies...…