June 10, 2014
Small Business Optimism Improves to Highest Level Since 2007
Small businesses are feeling slightly more confident in the economy, but one of the nation's largest organizations representing them says that there is "no sign of a surge."
June 9, 2014
Joining the Accounting Profession
I'm a constant believer in fate. Things happen for a reason; there is a path we move along in life that is waiting for us to discover. I'm also a believer in taking control of your life and helping yourself move along that path, looking out for yourself, and making sure obstacles don't deter you…
June 6, 2014
Sage Introduces New Exchange Payment Management System
Sage North America has introduced its new Sage Exchange Payment Management System, which is designed to help small and midsized businesses (SMBs) by consolidating all of their payment activity onto one platform. SMBs can also use Sage Exchange to easily monitor and manage the payments from all their sales environments: on the web, over the…
June 5, 2014
Prominent Long Island Accounting Firms to Merge
Two prominent accounting firms on New York's Long Island will join together beginning June 2, 2014. Combined, the two have more than fifty years of experience and the newly formed firm of CondeBoyce, LLP will unite the small business startup expertise of Mario Conde, CPA, formerly partner in the accounting firm of Ambrico Conde CPA,…
June 5, 2014
Summertime Tax Tip #10: Taking Business Clients to the Country Club? That’s Entertainment!
It all has to do with the current tax rules for business entertainment. To be deductible as entertainment that is “associated with” your business, the activity must take place immediately before or after a substantial business discussion. Usually, this means the discussion has to be on the same day as the entertainment, but it could…
June 5, 2014
Executive Pay Survey May Hint at Improved Economic Recovery
Increases in the total compensation that financial executives receive, including salaries, incentives and benefits, may foretell a turning point in the country’s economic recovery, according to the results of a new survey by Grant Thornton LLP and the Financial Executives Research Foundation (FERF).
June 5, 2014
CCH Launches ‘Quick Answers’ Research Content Library
CCH has launched a new online research tool called “Quick Answers.” The system features more than 2,000 answers to questions most often researched in IntelliConnect, CCH's research platform for tax and accounting professionals. In addition, the company is previewing CCH IntelliConnect Direct, a new universal platform research tool that provides clear and intuitive access to…
June 5, 2014
Jesse Jackson Jr. Pays $550K Fine, Prison Sentence Reduced
Imprisoned former Rep. Jesse Jackson Jr.'s projected release date is now Sept. 20, 2015, more than three months earlier than listed previously, federal officials confirmed Monday.
June 5, 2014
How Safe is Your Business? Survey Shows Only Half of Employees Feel Prepared
Only half of employees believe their workplaces are prepared for a severe emergency, according to the third annual workplace safety survey by Staples, Inc.. Nearly two-thirds of those polled said recent natural disasters have not led to their employers reassessing company safety plans. The survey, in honor of National Safety Month, also reveals that in…
June 5, 2014
Unemployment Claims Up Slightly, 4-Week Average Lowest Since 2007
The U.S. Department of Labor announced today that the initial claims for unemployment insurance benefits increased by 8,000 last week compared to the previous week. However, the "4-week moving average" saw a decrease of 2,250, bringing that measure to the lowest level it has been since June 2, 2007.
June 4, 2014
Survey: Men More Confident than Women on Retirement
American men, particularly those aged 51 or older and with an income over $75,000, are more confident about retirement according to a recent survey conducted by financial services group OneAmerica. Contributing to their confidence is a realistic knowledge of how much retirement income they will need.
June 4, 2014
New Cloud System Fully Automates Expense Management
Tallie, which makes online expense management systems, has released what it says is the first complete cloud-based expense management solution, providing the quickest path from receipt to balance sheet. Tallie was honored this week with a Tax and Accounting Innovation Award.