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Small Business

Xero Introduces AI-Native Operating System for Accountants and Small Businesses

Technology April 22, 2026 

Xero Introduces AI-Native Operating System for Accountants and Small Businesses

Global small business platform Xero has unveiled Xero OS, an AI-native operating system that the company says is designed to power the next era of autonomous finance.

Jason Bramwell

Featured Articles

April 21, 2026  

The Worst Thing Small Businesses Can Do with Their Tariff Refund

April 20, 2026  

Trump Administration Opens Process of Refunding $166 Billion in Tariffs

April 20, 2026  

Existing Home Sales Fell 3.6 Percent in March

April 16, 2026  

Feds Move to Block Controversial Illinois Credit Card Swipe Fee Ban

April 16, 2026  

Vendors, Gig Workers, and Therapists Push Back on Philadelphia’s ‘Very Unfriendly’ Business Tax
U.S. Consumer Confidence Pulled Back in December

Small Business December 30, 2024 

U.S. Consumer Confidence Pulled Back in December

December’s fall in confidence was led by consumers over 35 years old; consumers under 35 became more confident.

Isaac M. O'Bannon

walmart1

Small Business December 30, 2024 

CFPB Sues Walmart and Branch for Illegally Opening Deposit Accounts for More than a Million Spark Delivery Drivers

Drivers had to follow a complex process to access their funds, and when they finally did, they faced further delays or fees if they needed to transfer the money they earned into an account of their choice.

Former President Jimmy Carter Dies at Age 100

Small Business December 30, 2024 

Former President Jimmy Carter Dies at Age 100

The singular achievement of his years in power was his role in negotiating a milestone peace agreement between Egypt and Israel, longtime rivals in the Middle East.

Beneficial Ownership Information Reporting Enforcement on Hold Yet Again After Appeals Court Reinstates Injunction

Accounting December 27, 2024 

Beneficial Ownership Information Reporting Enforcement on Hold Yet Again After Appeals Court Reinstates Injunction

The roller coaster continues, as the 5th U.S. Circuit Court's decision on Dec. 26 suspends the deadline once again for most reporting companies to file BOI reports with the Financial Crimes Enforcement Network.

Jason Bramwell

named-hurricane-fran1

Small Business December 27, 2024 

The Top Tax & Accounting News Stories of 2024

2024 saw major news events and ongoing trends that are significantly shaping the profession, including how professionals practice, how firms operate, and your business and individual clients.

Isaac M. O'Bannon

Home_for_Sale_IOBannon_20220520_173007

Small Business December 26, 2024 

November Home Sales Rose 4.8% in Strongest Showing Since 2021

Existing-home sales grew in November, according to the National Association of Realtors. Sales advanced in three major U.S. regions and remained steady in the West. Year-over-year, sales climbed in all four regions.

Isaac M. O'Bannon

BOI Reporting Injunction Lifted; FinCEN Extends Deadline to Jan. 13

Accounting December 24, 2024 

BOI Reporting Injunction Lifted; FinCEN Extends Deadline to Jan. 13

FinCEN has extended the Jan. 1, 2025, deadline for most reporting companies to file beneficial ownership information reports with the Treasury Department until Jan. 13, 2025, after a federal court of appeals lifted an injunction on Dec. 23 that had halted the new law.

Jason Bramwell

IRS Asks for Feedback on Draft Instructions for R&D Tax Credit Form 6765

Taxes December 23, 2024 

IRS Asks for Feedback on Draft Instructions for R&D Tax Credit Form 6765

The IRS on Dec. 20 released the draft Instructions for Form 6765, Credit for Increasing Research Activities, and is seeking feedback on proposed changes to the form, which is used by taxpayers to claim the research and development tax credit.

Jason Bramwell

IRS Raises Standard Mileage Rate to 70 Cents Per Mile in 2025

Taxes December 19, 2024 

IRS Raises Standard Mileage Rate to 70 Cents Per Mile in 2025

The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.

Why Few Tipped Restaurant Workers Will Likely Benefit From Trump’s Promise of No Tax on Tips

Taxes December 18, 2024 

Why Few Tipped Restaurant Workers Will Likely Benefit From Trump’s Promise of No Tax on Tips

While many workers hoped for tax-free tips, experts warn the proposal could disproportionately benefit higher earners and exacerbate inequalities in the service industry.

Understanding Trump’s Push to Lock in the TCJA

Taxes December 16, 2024 

Understanding Trump’s Push to Lock in the TCJA

Whether the provisions in the Tax Cuts and Jobs Act are extended, modified, or left to expire, the decisions made in the coming years will shape the tax landscape for a generation.

stress_pixabay_hurry_TeroVesalainen_2119711_960_720

Small Business December 13, 2024 

5 Ways to Help Clients Prepare for Busy Season

Timely and effective communication is key to helping create a path to busy season success for both you and the client. Here are five ways to help your clients prepare.

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