Small Business

 Don’t Forget the Tax Breaks for SUVs, Trucks and Vans

November 13, 2013 

Don’t Forget the Tax Breaks for SUVs, Trucks and Vans

New and used vehicles that fall outside the passenger auto definition also qualify for the Section 179 deduction (generally a total of $500,000 for all eligible property placed in service in tax years beginning in 2013). As explained later, however, heavy SUVs are subject to a reduced Section 179 limit of $25,000 per vehicle.

 ID Theft as ‘Certain as Death and Taxes’

November 12, 2013 

ID Theft as ‘Certain as Death and Taxes’

Identity theft is so common now that even the investigators who pursue identity theft cases and the financial counselors who help consumers get back on track have become victims.

 Global Accounting Firm Network Partners With Avalara

November 12, 2013 

Global Accounting Firm Network Partners With Avalara

Avalara and Moore Stephens North America have formed a new strategic partnership, the companies announced on Tuesday. Avalara is a provider of cloud-based automated sales tax compliance systems, and MSNA is one of the largest global accounting and consulting firm networks.

 How CPAs Should Respond to a Malpractice Suit

November 12, 2013 

How CPAs Should Respond to a Malpractice Suit

CPAs have close relationships with their clients (especially in smaller accounting practices) and rightfully so. Who else is better to understand their client’s financial and business affairs than their trusted CPA? And the relationship generally remains close…

Ralph Q. Summerford

NFIB-SMB-Optimisim-Oct

November 12, 2013 

Small Business Optimism Falls in October

Small business optimism dropped from 93.9 to 91.6, largely due to a precipitous decline in hiring plans and expectations for future small-business conditions.

 Shoppers Getting Ready to Start Holiday Shopping Early

November 11, 2013 

Shoppers Getting Ready to Start Holiday Shopping Early

The 2013 holiday shopping season is underway, with ICSC survey results showing some unexpected trends. As in most years, the top shopping day of the year is expected to be Black Friday. However, Cyber Monday will follow close behind across most demographic groups, overtaking Super Saturday as the second busiest holiday shopping day of the…