Latest Articles

March 16, 2022 

Before we even dive into accounting workflow checklists, we can agree that accounting workflows are now standard in public accounting firms. Nearly all of them are running some form of accounting workflow – with up to 94% of accounting managers even ...

Shahram Zarshenas

March 16, 2022 

The Internal Revenue Service is urging people to stay resolute against ongoing scams and schemes by properly securing computers, tablets and phones. Solid cybersecurity protection and scam recognition is vital to reduce the threat of identity theft ...

March 16, 2022 

The American Institute of CPAs is expressing its support for a recent letter sent by Members of the U.S. Senate and the U.S. House to Internal Revenue Service (IRS) Commissioner Charles Rettig requesting clarification on notice suspensions.

March 16, 2022 

Although the definition of what constitutes a “reasonable” wage may seem subjective, the IRS scrutinizes the S Corp’s source of income—its gross receipts—and then determines if (and what tasks) the owner/shareholder performed for the S Corp to assist ...

Nellie Akalp

March 16, 2022 

Nonprofit organizations accelerated plans to adopt new technologies, operational models, and budgeting and financial approaches last year because of the pandemic, according to our annual Nonprofit Pulse Survey of leaders and executives conducted ...

March 16, 2022 

Small business growth has boomed during the pandemic, with business applications growing substantially in 2021 as compared to 2020 and 2019. As these new businesses grow and scale – many of which are selling their services or products online ...

March 16, 2022 

When asked what was most likely to deter IPO and SPAC transactions for their organizations in the year ahead, private equity respondents pointed to a global economic downturn (26%) while corporate development professionals said undesirable ...

March 15, 2022 

The Sunshine Protection Act, which was co-sponsored by lawmakers of both parties, would lock in next year’s switch to Daylight Saving Time in March. It follows a 2018 Florida law that would permanently lock in Daylight Saving Time contingent ...

March 15, 2022 

The extended deferment period will provide additional flexibility to small business owners impacted by the pandemic, especially those in hard-hit sectors managing disruption with recent variants, as well as recent supply chain and inflation challenges ...

March 15, 2022 

About 59% of U.S. workers who say their jobs can mainly be done remotely are working from home all or most of the time. Since 2020, the share who say they have relocated away from the area where they work has increased from 9% to 17%.

March 15, 2022 

Several of the largest carriers, including United Airlines Holdings Inc. and American Airlines Group Inc., cut their capacity forecasts for the first quarter, while Delta Air Lines Inc. held growth to the low end of a previous range, according to ...

March 15, 2022 

Corporate social responsibility at Paychex is evolving to address issues most important to the company's clients, employees, communities, and investors. The program is centered on four strategic pillars: employees, ethics, communities, and the ...