December 22, 2024
Trump Demands Lower Fees for Use of Panama Canal or Its Return to U.S. Control
President-elect Donald Trump said Saturday that the Panama Canal is charging “exorbitant prices and rates of passage” on U.S. naval and merchant ships.
Accounting December 21, 2024
Congress Avoids Government Shutdown: Bill Includes Farm Aid, Disaster Funds
The Senate cleared a stopgap funding extension early Saturday shortly after a midnight deadline, staving off a partial government shutdown and ending days of gridlock over a package whose contents seemed to change by the hour.
Financial Reporting December 19, 2024
AICPA Releases Statement Expressing Optimism of Possible Delay for BOI Reporting
Following the release of language in the proposed continuing resolution relating to the beneficial ownership information reporting requirement, the American Institute of CPAs (AICPA) released the following statement.
Payroll December 12, 2024
Consumer Housing Sentiment Up Significantly Year over Year
This month, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise.
Small Business December 12, 2024
Every Season is Tax Season for Small Businesses. Better Financial Tools Can Reduce the Burden
According to SCORE, 82% of small businesses fail due to issues managing cash flow. If money has not been set aside for taxes, an unexpected rise in expenses can cause their business to fail. As a result, personal savings can be wiped out, and those with small business loans can go into debt.
Small Business December 12, 2024
GlobalPost Improves Customer Satisfaction with Enhanced Cross-Border Compliance from Avalara
GlobalPost provides carrier and logistics solutions to 50,000 merchants who sell internationally, helping customers save money on platforms like ShipStation, Stamps.com, and ShippingEasy.
Small Business October 6, 2024
Xero to Acquire Syft Analytics to Enhance Reporting and Insights Capability
Xero plans to embed Syftʼs functionality within Xero over time, providing customers with more powerful analytics and reporting, and benchmarking capabilities.
Firm Management March 26, 2024
Should You Rehire a Boomerang Employee?
Some employees realize they left a good thing and may want to return to the job they left.
Payroll November 30, 2023
Average U.S. Home Prices Hit Record High
New listings have been ticking up recently, and mortgage rates have declined after peaking early this month, signs that some conditions are improving for homebuyers.
Small Business November 28, 2023
No Matter the Business, Certain Principles Apply
If you hone in on one or more of these three key principles, a business can make a course correction, improve its operations and start making the numbers look better.
Taxes November 28, 2023
Survey Shows Proposed 1099-K Rules Would Hurt Sellers
As a result of these proposed changes, 83% of marketplaces anticipate sellers to leave their platforms, and a majority (55%) of marketplace sellers and gig workers are reconsidering online selling and on-demand work.
Accounting November 27, 2023
Xero Partners with Avalara to Add Automated Sales Tax Calculations
The solution brings advanced sales tax workflows and management directly into the Xero platform, allowing advisors and business owners to automate sales tax calculations, reporting and filing.