Obtaining certifications can open a lot of doors for professionals. But, what about a certification for your business? What kind of benefits come from obtaining a small business certification? What kind of certifications are even out there? The Small Business Administration (SBA) offers a number of certifications businesses can pursue. If you’re interested in learning […]
23 most common Investments and how they are Taxed in 2020?
Taxation plays a very important role in the returns generated by your investment and so you should know how the investment is taxed before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments: 1. Saving Bank Account: Interest earned in Saving bank account up to Rs […]
Muncie City finances: $3 million in negative balances start off 2020 accounting concerns – The Star Press
CLOSE EDITORS NOTE: This article is the first in a series of five stories this week on Muncie city finances and accounting practices. After exploring the topic with city administration, The Star Press is breaking its stories down in an easier-to-understand way with multiple articles this week. This story has been updated with more recent figures from […]
Confronting tariffs: Trade war tips for CPAs
As the disruptive and uncertain trade environment continues its dominance on the corporate boardroom agenda, CPAs at multinational companies are increasingly tasked with assessing its impact on their organizations and developing strategies for mitigating its potential negative effects. Although there are plans for the United States and China to sign the first phase of a […]
Small Business Tax Preparation Checklist
There are two types of people come tax time. You’ve got the ones who are excited and file their taxes on the first day they can. And, you’ve got the ones who moan and groan and file at the last minute. Which one are you? Maybe you’re the second one—the person whose least favorite thing […]
GASB selects Mauldin & Jenkins’s Black as next chair
Joel Black, CPA, partner-in-charge of the audit practice at the accounting firm Mauldin & Jenkins LLC in Atlanta, will succeed David Vaudt as the chair of GASB. Black’s seven-year, nonrenewable appointment will take effect on July 1, and he will join GASB in a few months to help facilitate a smooth leadership transition. He oversees […]
Business Idea of the Day: Accountant
Opinions expressed by Entrepreneur contributors are their own. Startup Costs: $2,000 – $10,000Home Based: Can be operated from home.Part Time: Can be operated part-time.Franchises Available? No Online Operation? No THE BRIEF If you have an affinity for numbers and want to help other businesses big and small keep their financial records in order as they […]
Looking to Change Your Accounting Method? Cue Form 3115
As a business owner, you’re responsible for keeping your business’s books in shipshape. To do that, you need to choose an accounting method and stick with it. But as your small business grows, you might need to rethink your accounting method. If you’re looking to shake up your accounting method as your business expands, learn […]
Accounting for cloud computing: What you need to know
Many companies and accounting firms have been focusing on new standards on revenue recognition and accounting for leases, hedging, and credit losses. But another new FASB standard — on cloud computing costs associated with a service arrangement — became effective for public business entities in fiscal years beginning on or after Dec. 15, 2019, and […]
Be an accounting hero in 2020 with this QuickBooks training – New York Post
If Microsoft Word set the gold standard for word processing programs, QuickBooks® has the accounting game on lock. Used by individuals, small businesses, and international conglomerates alike, this software allows anyone to keep tabs on their finances and stay on top of their taxes. Now, if you’re entering 2020 still clueless about how to navigate […]