Mergers and Acquisitions May 13, 2026
Cohen & Co. Acquires Gordon Advisors in Michigan
The Cleveland, OH-based top 50 firm is acquiring Gordon Advisors, an accounting and business consulting firm located in Southeast Michigan, effective June 1.
April 24, 2020
CARES Act Allows Employers to Defer Employer Portion of Social Security Payroll Taxes
Under the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law on March 27, 2020, businesses may delay paying the employer portion of the Social Security payroll taxes on wages paid for the period from ...
April 24, 2020
Survey Shows Impact of COVID-19 on the Accounting Profession
Firms that already had at least one cloud system in place prior to the COVID-19 pandemic fared far better than firms that did not have any cloud systems in place.
April 24, 2020
PPP Refilled with $320 Billion as New $484 Billion Coronavirus Relief Bill Signed into Law
The final bill includes $320 billion to make new loans under the Paycheck Protection Program, which provides forgivable loans to small business that keep employees on the payroll for eight weeks. The measure includes $60 billion in EIDL.
April 23, 2020
AICPA Releases Recommendations for Administrative, Filing and Payment Relief for State and Local Taxes During Coronavirus Pandemic
As the country works to navigate changes in federal and state tax filing and payment deadlines as a result of the global coronavirus pandemic, the American Institute of CPAs (AICPA) is providing recommendations for administrative, filing and payment ...
April 23, 2020
3 Ways the COVID-19 Crisis has Affected Corporate Travel and Entertainment Expense Claims
Business travel and entertainment have come to a standstill. Many companies have switched almost entirely to working from home to enforce social distancing or comply with mandatory shelter-in-place mandates.
April 23, 2020
AICPA Wants Accounting Firms Recognized in Coronavirus PPP Application Process
The AICPA, after discussions with its coalition partners, and key banking leaders and stakeholders, is working to drive a common understanding and approach around the firm – lender relationship related to the implementation of the PPP.
April 23, 2020
Invoiced Releases New AI-Based Cash Application Engine for Mid-Sized Businesses
The new cash application engine includes many new features that enable accounting, finance and operations teams to automatically identify, import and match unapplied payments with invoices, balances and customers.
April 22, 2020
Employees Earning Under $75,000 More Likely to Get Laid Off During COVID-19
Covid-19 hit the labor market like a sledgehammer in March and April, driving mass layoffs in the U.S. to their highest point since World War II. 22 million Americans have lost their jobs during the outbreak, and 14% of the country’s workforce isn’t ...
April 22, 2020
Survey: 58% of Small Businesses Opposed to Reopening on May 1
In addition, 68% of survey respondents reported applying for a Paycheck Protection Program loan before funding for the $350 billion program to help small businesses weather the COVID-19 crisis ran dry last week.
April 22, 2020
Bookkeeper360 Offers Specialized Bootcamp for Small Businesses Affected by COVID-19 Shut Down
In an effort to help small businesses get back on track post-COVID-19, Bookkeeper360 has teamed up with Grade My Business to provide a free Business Bootcamp.
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April 22, 2020
BDO Alliance Turns to Analytic.li to Provide Workforce Analytics
Indiana-based analytic.li is now providing strategic workforce analytics cloud-based solutions to clients and independent members of the BDO Alliance USA, as part of its Vendor Marketing Program.
April 22, 2020
Emergency Preparedness: Understanding Your Company’s Cash Position
If you’re new to the term “cash position,” here’s an overview: cash position refers to an organization’s funds after accounting for liabilities and expenses. Essentially, it’s money that can be invested toward additional business opportunities or used to subsidize unexpected losses. And during a crisis—like the one going on today—knowing your cash position is essential...…