General News May 26, 2026
Texas Accountant Indicted, Accused of Stealing $3 Million From Two Colorado Companies
Emily Katherine Merrill, 41, faces 10 counts of wire fraud and three counts of money laundering, according to an indictment.
Accounting February 7, 2023
CPA Society News & Updates – Feb 7, 2023
State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories.
Small Business February 6, 2023
Retailer Association Sees Growth in 2023, Says Recession Unlikely
The labor market is cooling as some major companies, particularly in technology, announce layoffs, but small businesses are continuing to hire and the December unemployment rate was at a 50-year low of 3.5%.
Accounting February 6, 2023
GASB Proposes New Guidance for Subscription-Based IT Services
If cleared as final implementation guidance, the question and answer in this supplemental Exposure Draft will be added to previously exposed questions and ...
Small Business February 6, 2023
Recreational Marijuana Sales Start in Missouri
On Friday, [Feb. 5, 2023] the Missouri Department of Health and Senior Services issued licenses to 207 dispensaries across the state to legally sell cannabis to anyone over the age of 21.
Taxes February 6, 2023
IRS Looks to Start Tip Reporting Program for Service Industry
IRS seeks public comment on proposed Service Industry Tip Compliance Agreement (SITCA) program.
Small Business February 6, 2023
Small Business Owners Call on Congress to Fix Federal Program Deficiencies
Most small business owners polled urge lawmakers to modernize and improve the Small Business Administration.
Payroll February 4, 2023
U.S. Adds 517,000 New Jobs in January, Unemployment Rate Lowest Since 1969
Hiring topped all estimates in a Bloomberg survey of economists, which called for a 188,000 gain in payrolls and for the unemployment rate to rise to 3.6%.
Accounting February 3, 2023
Miami Woman Accused of Buying Bentley with PPP Funds
According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, employees ...
Payroll February 3, 2023
Mortgage Rates Drop For Fourth Week in a Row
The average for a 30-year, fixed loan was 6.09%, down from 6.13% last week, Freddie Mac said Thursday.
Accounting February 3, 2023
FASB Votes to Move Ahead with Proposed Crypto Asset Accounting Standard
Companies would be required to measure crypto assets, like Bitcoin and Ethereum, using fair value accounting.
Payroll February 3, 2023
Inflation Rate Drops for 6th Month; Housing Market Still High
There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased.
Payroll February 3, 2023
U.S. Economy Expands at 2.9% Rate in Q4
The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year.