Small Business May 27, 2026
Why Finance Apps Still Miss SMB Summer Cash Flow Traps
A fintech expert explains why the use of standalone finance apps can still leave small businesses exposed to cash flow risks.
Accounting February 28, 2025
How to Identify Growth Opportunities in Lease Accounting
Lease accountants have the power and intelligence to massively impact their organization’s portfolios. But are they doing it? Are their clients or the businesses they work for utilizing their expertise?
Small Business February 28, 2025
FinCEN Extends BOI Reporting Deadline … Again, Pauses Enforcement
The March 21 BOI reporting deadline is no longer in effect, and no fines, penalties, and enforcement actions will be taken until a forthcoming interim final rule from FinCEN becomes effective and sets a new BOI filing due date.
Taxes February 28, 2025
Farmers and Fishermen Face March 3 IRS Deadline
Most farmers and fishers who chose to forgo making estimated tax payments by January that they must generally file their 2024 federal income tax return and pay all taxes due by March 3, 2025.
Accounting February 27, 2025
CFPB Nominee Promises to Keep Agency Open but Downsize It
Democrats on the Senate Banking Committee pressed McKernan in his confirmation hearing about how he would lead the regulator given that Trump and his billionaire special adviser Elon Musk have called for eliminating it.
Small Business February 27, 2025
National Weather Service, NOAA Layoffs Hit Hundreds of Federal Workers
Hundreds of National Oceanic and Atmospheric Administration and National Weather Service employees were laid off Thursday in the latest round of federal workforce cuts under President Donald Trump’s administration.
Accounting February 27, 2025
GASB Says Fair Value Standard Achieved Objectives
A post-implementation review report released on Feb. 26 concluded the Governmental Accounting Standards Board's fair value measurement standard—Statement No. 72, Fair Value Measurement and Application—has met its objectives.
Auditing February 27, 2025
PCAOB Quizzes Auditors on New Confirmation Standard
This latest knowledge check, or informal quiz, highlights various aspects of the new confirmation standard, which was approved by the PCAOB in September 2023.
Mergers and Acquisitions February 27, 2025
Baker Tilly Set to Buy Hayflich CPAs in West Virginia
The top 10 accounting firm is planning to expand its presence in the Mid-Atlantic region saying Thursday it's intending to acquire Huntington, WV-based Hayflich CPAs.
Auditing February 27, 2025
Being Uncooperative During an Inspection Lands Audit Firm Partner in Hot Water With the PCAOB
Natalie Murphy, a now former audit partner at Heaton & Co., was censured and fined $50,000 by the Public Company Accounting Standards Board for violating U.S. auditing rules and standards, including failing to cooperate with an inspection.
Auditing February 26, 2025
PCAOB Cranked Up Enforcement Activity in 2024
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.
Small Business February 26, 2025
Tariff on Aluminum Expected to Pinch Craft Brewers, Cause Consumer Price Increase
Beyond malt, hops, yeast and water, aluminum is a key ingredient in the manufacturing process, used to make the cans for most of the craft beer sold at retail.
Accounting February 26, 2025
Gusto Releases New Compliance Solution for Small Businesses
The payroll solutions provider has introduced Gusto Compliance, a product designed to help small business owners know what steps they need to take to maintain compliance with common regulatory requirements.