Financial Reporting May 7, 2026
CFOs Keep Moving on Growth, Despite Concerns on Iran and Inflation
Cutting costs remains finance leaders’ top priority, but growth has moved sharply higher on the agenda.
April 28, 2016
Independent Contractor vs. Employee Status
If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...
April 28, 2016
Free CPE Webcast: Do I Have To Pay My Employees For That?
The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).
April 28, 2016
3 Trends That Are Affecting The Accounting Profession
Fiscal management, and through that, accounting, has been at the center of human survival since mankind figured out how to trade and barter. We now have an established way to measure the value of any trade: money. And since, it has been a central ...
April 26, 2016
One Third of Americans Say Healthcare Costs Are Top Economic Issue
The survey asked respondents to rank the following financial burdens from most significant to least significant. The following percentages reflect how frequently the specific answer choice was selected as being the No. 1 issue hindering the economy.
April 25, 2016
Nonprofits Seeing Growth While Private Sector Remains Stagnant
The ninth annual Nonprofit Employment Practices Survey shows that 57 percent of nonprofits anticipate hiring at least one new employee in 2016 (a 7 percent increase over 2015), compared to only 36 percent of for-profit companies who plan to hire, the ...
April 25, 2016
Nearly Half of SMB Owners Say They Can’t Take a Lunch Break
For small business owners, this time crunch is represented in a diminished ability to indulge in what has been a staple of escape from the grind – the daily lunch break.
April 25, 2016
Military Millennials Rely On Online Financial Advice
The study found that 73 percent like to do research on their own before making financial decisions, 58 percent rely on financial advice from professionals, and 56 percent trust digital finance advice.
April 25, 2016
U.S. Workers More Stressed Over Finances; Millennials Most Burdened
A new report from PwC shows that Millennials may be more stressed about their financial situations than any other generation.
April 25, 2016
State Tax Nexus Getting More Complex
The state tax arena is fraught with variation, complexity, confusion and ambiguity, which has major implications for U.S. corporations, according to findings from Bloomberg BNA’s 2016 Survey of State Tax Departments, conducted for the 16th consecutive ...
April 25, 2016
The Top 20 Small Cities to Start a Small Business
Towns in Michigan, Illinois, New York and Missouri top the list of good small cities to start a new business in.
April 25, 2016
How to Increase Profitability through Efficiency
The first thing most people think about when getting through difficult times or attempting to increase the company’s profitability is “how can I sell more or gain new clients?” In a down market increasing revenue faster than costs can be a challenge ...
April 25, 2016
Sageworks Partners with Xero for Financial Analysis and Valuation
Through the new integration, ProfitCents and Sageworks Valuation Solution users can directly access Xero data fields and customize the mapping of data, allowing them to create key performance indicators (KPIs) and ideal groupings for financial ...