Accounting

Xero

May 21, 2020 

Xero Launches Suite of New Cash Flow Management Tools

With the COVID-19 pandemic impacting small businesses around the world, Xero has accelerated the rollout of the expanded reporting pilots and introduced new features so businesses and their advisors can quickly see crucial financial metrics and manage ...

PPP Paycheck Protection Program

May 21, 2020 

PPP Loan Forgiveness: Popular but Complicated

While the intent of the PPP was to create simplicity and security in uncertain times, an unintended effect of the statute and forgiveness application has been to complicate borrowers’ processes and create further questions.

Tracey Golden AICPA

May 20, 2020 

Tracey Golden Elected as Chair of AICPA

As of June 1, Golden will also serve as chair of the Association of International Certified Professional Accountants, the unified voice of the AICPA and the Chartered Institute of Management Accountants (CIMA).

bicycles Pixabay Yorgunum -737190_1280

May 19, 2020 

Bicycle Sales See Surge Amid Coronavirus

Bike shops across the nation are seeing a spike in demand. With gyms closed, some consumers switched to bikes for exercise and stress relief. Parents were hoping their kids — staying home from school — would burn up their pent-up energy. As America slowly

electronic-payments- Pixabay MBatty -2570939_1280

May 19, 2020 

IRS Sending Out New Coronavirus Stimulus Debit Cards

IRS will begin sending out four million stimulus payments on prepaid debit cards this week instead of mailing paper checks. With these so-called “Economic Impact Payments” (EIP) cards, clients can make purchases, get ...

 What’s the Best Entity Type for a Family Business?

May 15, 2020 

What’s the Best Entity Type for a Family Business?

Most of your clients probably started their family business solo and with little thought to what happens to the business when the owner gets married and has a family. Smaller owner-operator businesses are usually structured as sole proprietorships with...

Nellie Akalp