October 1, 2014
ADP Jobs Report Shows 217,000 New Jobs in September
The total number of jobs in the U.S. private sector increased by 213,000 from August to September, according to the latest ADP National Employment Report.
October 1, 2014
The Three Rs of Travel & Entertainment Deductions: Records, Records and More Records
[This is the last in a series of articles on maximizingdeductions for travel and entertainment (T&E) expenses.] In the not-so-distant past, the IRS often suspected that deductions for travel and entertainment (T&E) were being inflated or, even worse, being claimed when no legitimate expenses existed. Eventually, it carved out a strict set of recordkeeping requirements for...…
September 30, 2014
Businesses See More Revenue & Profit if Using a Public Accountant, Says Survey
SMBs who use an accounting professional with online accounting software experienced a 16 percent increase in revenue over businesses that do not.
September 30, 2014
Corporate Boards of Directors are Focusing More on Risk Oversight
Corporate boards are giving more attention to their risk oversight responsibilities, but as the risk landscape becomes increasingly complex, directors say they are less comfortable with their understanding of their company’s risk appetite, according to PwC’s 2014 Annual Corporate Directors Survey. The evolution of strategy oversight also continues, the report shows, as directors assess whether...…
September 30, 2014
Solutions14 Conference to Focus on Empowering Professional Accountants
Conference to focus on helping next generation of accounting professionals achieve a competitive edge that will help them differentiate their firm and adapt new clients to an ever changing marketplace.
September 30, 2014
What’s Buzzing in Your Office? Survey Shows Most Used and Abused Terms
Topping the list: "Dynamic," "deep dive" and "leverage" were the most overused and annoying business buzzwords cited by those polled.
September 30, 2014
2014 Review of Nonprofit Accounting Systems
Like all businesses, nonprofits need to track expenses, monitor income, create budgets, and produce financial statements. Also unlike their for-profit counterparts, nonprofits also need to track programs, membership dues, association fees, donations and grant funds.
September 30, 2014
Small Business Jobs Index Shows Mixed Results
For the second consecutive month, the Paychex | IHS Small Business Jobs Index is showing a mixed story for small businesses employment growth.
September 29, 2014
Accountants in India Now Eligible to Take U.S. CPA Exam
The American Institute of CPAs (AICPA), the National Association of State Boards of Accountancy (NASBA) and Prometric today announced that testing for the Uniform CPA Examination in the Middle East will be open to all qualified citizens and permanent resi
September 24, 2014
Sales Forecast for Retailers Looks Bright this Holiday Season
Will it be a boom or a bust for retailers this holiday season? A new survey shows that steadily improving economic fundamentals should moderately boost holiday sales in the stores and online this year. “Income, wage and job growth are positive indicators heading into the holiday season,” said Daniel Bachman, Deloitte’s senior U.S. economist, referencing...…
September 23, 2014
How Per Diem Rates Can Simplify Travel Expense Reporting
The IRS has just announced new federal per diem travel rates for Fiscal Year 2015 (FY 2015), which spans October 1, 2014 through September 30, 2015. Unlike many other previous years, when per diem rates were typically bumped up just a dollar or two or not
September 21, 2014
3 Must-Know Tips for Deducting Business Entertainment
There’s nothing new about taxpayers mixing business with pleasure. For instance, a business executive might paint the town red after he or she signs a six-figure contract with a client or customer. Is the cost of entertaining the client or customer ...