The Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provide relief options for businesses and workers. A number of these measures provide help for self-employed individuals without employees, too. Learn what kind of COVID-19 help you may be eligible to receive if you’re self-employed. Coronavirus help for […]
GASB issues guidance on accounting for P3s and APAs – Journal of Accountancy
GASB issued a standard Monday that is designed to improve state and local governments’ accounting for public-private and public-public partnership arrangements (known as P3s) and availability payment arrangements (known as APAs). The guidance is included in GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements. The standard provides guidance for P3 arrangements, […]
Sovereign Gold Bond – April 2020 – Review & How to Buy?
Sovereign Gold Bonds Series I (FY 2020-21) is available for subscription from April 20, 2020. The price per bond is Rs 4,639 (4,589 if bought through digital mode). You can invest if you anyway wanted to invest in Gold for 6-8 years. Related posts Sovereign Gold Bond – February 2020 – Review & How to […]
Sovereign Gold Bond – April 2020 – Review & How to Buy?
Sovereign Gold Bonds Series I (FY 2020-21) is available for subscription from April 20, 2020. The price per bond is Rs 4,639 (4,589 if bought through digital mode). You can invest if you anyway wanted to invest in Gold for 6-8 years. Related posts Sovereign Gold Bond – February 2020 – Review & How to […]
QuickBooks is still the gold standard for small business accounting. Learn how it’s done now. – The Next Web
TLDR: The QuickBooks 2020 Essentials Bundle: Beginner to Bookkeeper training offers full accounting training for novice and expert QuickBooks users alike. Basic accounting seldom turns out to be quite so basic. If you’re handling the books for a tiny operation, then maybe all you need is a pen and a few simple balance sheets. But […]
IRS posts FAQs on paid sick and family leave
The IRS on Friday posted 67 FAQs on the employer tax credits for paid sick and family leave enacted in the Families First Coronavirus Response Act, P.L. 116-127. Businesses with fewer than 500 employees (referred to as “eligible employers”) will obtain funds to provide employees with paid sick leave and family and medical leave for […]
How to take retroactive 100% bonus depreciation on QIP
The IRS issued procedures Friday for how taxpayers can take advantage of the recently enacted technical correction to the rules for qualified improvement property (QIP) (Rev. Proc. 2020-25). Qualified improvement property was unintentionally classified, under the law known as the Tax Cuts and Jobs Act, P.L. 115-97, as nonresidential real property, which does not qualify […]
How the COVID-19 crisis is leading to lasting change
Everywhere you turn, you hear the very real and also very bad news coming from the COVID-19 pandemic. The crisis has delivered painful and sobering impacts, starting with the loss of tens of thousands of lives in the United States and the grief associated with those deaths. People have also feared for their own safety […]
This $30 QuickBooks Course Can Help You Avoid Costly Accounting Mistakes
Learn QuickBooks today and save your company from costly accounting mistakes in the future. April 17, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our […]
Luckin Coffee’s Accounting Scandal Thwarts Backer’s $2.5 Billion Fund – The Wall Street Journal
The accounting mess at China’s Luckin Coffee Inc. has forced one of its top backers to put off its fundraising plans. Centurium Capital, a three-year-old Chinese private-equity firm that has a sizable investment in Luckin, has put on hold plans to raise a second fund with a target size of $2.5 billion, according to people […]