Accounting

Small Business Coronavirus 2

December 16, 2020 

Small Business Optimism Persists, Despite the Pandemic

Businesses and consumers alike are finding ways to adapt and stay resilient during these unprecedented times. Though recovery may take time, a new report confirms the strength of entrepreneurialism and grit of small business owners, who remain ...

PPP Paycheck Protection Program

December 15, 2020 

Beware: Synthetic Identity Fraud in PPP Loans

Most banks and lenders are well aware of how synthetic identities can be used to fraudulently open a bank account and secure a credit card or other type of loan. According to McKinsey, synthetic identity theft is the fastest growing type of financial ...

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December 15, 2020 

Don’t Let Covid Fatigue Put Your Clients’ Businesses at Risk

The bottom line is that we can’t let our guard down because the current working conditions are likely to continue for some time and may actually be permanent. And, these financial services firms provide valuable counsel that extends well beyond filing ...

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December 15, 2020 

Survey: 49% Of Minority SMBs Can’t Pay December Rent

The ability of small businesses to pay their full rent in December continues to decline, as more COVID-related shutdowns occur. Overall, 35% of small business owners reported that they couldn't make rent this month...

 Get Ready for The Next Round of PPP

December 14, 2020 

Get Ready for The Next Round of PPP

During the initial rollout of PPP, CPA firms were forced to set up manual processes to serve clients and often operated with limited guidance. To provide better support, the AICPA, CPA.com and fintech leader Biz2Credit in September launched a ...

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December 14, 2020 

Three Ways to Prepare for 2020 Year-End Financial Reporting

2020 has been a year like no other, and the experience is sure to shape how companies conduct business for many years to come. Year-end financial reporting processes will follow suit. Organizations face a great deal of uncertainty as they ...

txcpa

December 14, 2020 

Texas Society of CPAs Celebrates December Month of Service

TXCPA has partnered with several community organizations across Texas to offer a variety of virtual presentations on financial literacy topics throughout the month of December. Several of TXCPA’s 20 local chapters have also partnered with ...