Accounting

May 12, 2020 

54% of small business owners polled said their communities were already starting to work together on reopening the local economy and planning the recovery.

May 12, 2020 

Poor financial management is a leading reason why businesses fail. The Checklist covers key financial management and strategic management tasks, helping businesses to proactively identify and consider essential and timely information.

May 12, 2020 

Effective communication is one of most important success factors in a time of crisis. Yes, communication in our current environment is challenging, given the fact that almost everyone is now working from home and it’s no longer possible for people to ...

May 12, 2020 

Policymakers need to remain focused on the PPP’s original purpose -- to ensure businesses have the financial resources necessary to keep employees paid while government-mandated stay-at-home orders remain in place.

May 12, 2020 

Survey participants cited a need for lawmakers to pivot to a business-focused strategy to begin the recovery process. Respondents said 39 percent of their business clients will recover to pre-crisis levels in six to 12 months once the stay-at-home restric

May 12, 2020 

Survey respondents agreed cyberattacks are becoming more targeted (77%), severe (64%) and sophisticated (63%). Yet, they don’t have the resources and strategy in place to protect themselves.

May 11, 2020 

Accounting firms are donating supplies, funds and services during COVID-19, according to a recent survey conducted by the Massachusetts Society of CPAs (MSCPA). Fifty-one of the MSCPA’s member firms and companies responded to the survey, which was ...

May 11, 2020 

As a required necessity in capital markets, the traditional process of information retrieval, identity verification, and document checks known as “Know Your Customer” (KYC), has been painful for all parties involved.

May 11, 2020 

Expert offers tips for anyone who's worried about what to do next (or not to do, as the case may be) in the volatile coronavirus market: First, make sure both you and your financial advisor are fully engaged.

May 11, 2020 

The tools economists use to measure economic activity to predict economic growth or recession across the U.S. are evolving – especially with the rise of online sales. And now, as the pandemic is shifting consumer habits and straining industries ...

May 11, 2020 

When the Tax Cut and Jobs Act (TCJA) was signed into law by President Trump in December 2017, its steep reduction of the U.S. corporate tax rate from 35% to 21% addressed what was widely considered the principal factor in companies' shifting ...

May 11, 2020 

Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family size.