Accounting October 24, 2022
7 Ways to Help Clients Prep for a Recession
One way to ease uncertainty is to do prep work to try and determine how a recession will impact a business's operations.
Accounting October 24, 2022
4 Strategies to Manage AP in a Time of High Inflation
As inflation reaches generational highs, many organizations are looking to build more resilient businesses that can withstand rising prices and the higher cost of capital.
Small Business October 20, 2022
Small Business Owners Expect a Recession, But Few Are Ready for One
70% say they anticipate a recession within the next six months, but only 37% are prepared for it, survey finds.
Accounting October 20, 2022
AICPA & CIMA Offer Resources for Audits of Pandemic Relief Funding
The audits provide reasonable assurance to the federal government and the public that the organization complied with federal requirements subject to the audit.
Taxes October 19, 2022
IRS Announces Inflation Adjustments, Tax Brackets for 2023
The tax year 2023 adjustments released by the IRS generally apply to tax returns filed in 2024.
October 18, 2022
PALs May Not Be Your Friend – Rental Property Tax Tips
If you own investment real estate that you rent out to tenants—for example, an apartment building—it can be a steady source of annual income.
October 18, 2022
Working Out a 1031 Exchange of Real Estate
You can still avoid current capital gains tax when you exchange one real estate property for another, or as a result of an exchange involving multiple parties, as long as certain requirements are met.
Taxes October 18, 2022
Why Are Only Some Tax Breaks Adjusted for Inflation?
More often than not, inflation accommodations are the first to go during negotiations in Congress.
Firm Management October 17, 2022
Southwest Airlines Rolls Out Small Business Program
Southwest Airlines is trying to lure small and medium businesses into its travel system as the airline industry faces another rough patch.
Firm Management October 14, 2022
Companies Likely to Slow Down Hiring Over the Next 12 Months, Experts Say
Joblessness is expected to rise to 4.4% in a year from its current 3.7% level, economists noted.
Small Business October 13, 2022
Small Business Owners Have Positive Outlook for Revenue in 2023
Despite the challenges that all small business owners face in today’s economic climate, it’s clear that the majority of owners are optimistic about what the future holds.
Firm Management October 12, 2022
BDO USA Admits 69 New Partners and Principals
The class for fiscal year 2023 includes 49 new partners and 20 new principals.