Forecasting how much you’re going to spend and receive is a key part of running a business. But, rarely do predictions match actual income and expenses. More than likely, you’ll experience a variance in accounting at some point. Variances are normal in accounting. But, that doesn’t mean you can’t analyze variances and learn from them. […]
Sovereign Gold Bond Dates ★ When the New Issue would come out?
Sovereign Gold Bond is quite a popular investment scheme and rightly so. It’s one of the best ways to invest in gold due to ease of investment, easy management, tax free capital gains and guarantee by government of India. However there has always been confusion about Sovereign Gold Bond Dates – When the New Issue […]
Sovereign Gold Bond Returns ★ How much you can expect?
Sovereign Gold Bond has been quite popular investment from its launch. One question I often get asked about sovereign gold bond returns. As with most investments, the answer depends on when you invested, your holding period among other things. The post covers the topic in details. Sovereign Gold Bond Returns – Issues till Date The […]
Virgin Galactic Sued by Investor Over SPAC’s Accounting Issues – Yahoo Finance
TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went […]
President’s budget contains many tax proposals
President Joe Biden’s administration unveiled its proposed budget for fiscal year 2022 on Friday. Treasury says the $6 trillion proposed budget focuses on infrastructure, clean energy, and research and development, and among its many provisions are a host of proposed tax changes affecting individuals and corporations. One set of tax and revenue proposals, named the […]
Accountants helping small businesses during National Small Business Month – Accounting Today
As the U.S. marks National Small Business Month, accountants are deeply involved in helping their small-business clients cope with the pandemic, particularly in assisting them with a variety of government aid programs. The U.S. Small Business Administration’s Paycheck Protection Program has provided a major opportunity for accountants to help clients apply for PPP loans and […]
Health Insurance Tax Credits for Small Business Owners
Do you have a small business as defined by the Affordable Care Act (ACA)? Do you offer health insurance to your employees? If so, you might be eligible for health insurance tax credits for the coverage you provide your employees. And, you may qualify for write-offs if you’re self-employed. Keep reading to find out if […]
Draft employer’s payroll tax return incorporates ARPA changes
The IRS on Tuesday released a draft revised 2021 version of Form 941, Employer’s Quarterly Federal Tax Return, reflecting further new and updated payroll tax credits. The current official version was released less than three months earlier on March 9, and the impending further changes reflect Congress’s multiple provisions of temporary payroll tax relief to […]
5 trends to watch during the pandemic recovery
The economic recovery from the COVID-19 pandemic will be different from the recoveries that followed past recessions, Marci Rossell told AICPA governing Council members on Wednesday. Economic downturns typically originate in a sector such as housing, finance, or manufacturing and ripple through the economy from there, said Rossell, an economic forecaster and former chief economist […]
Understanding when and why you should outsource your accounting – BizTimes Milwaukee
Do you regularly feel like you are crunched for time? Are you looking for ways to grow your business and increase your bottom line? If so, outsourcing your accounting operations can help you get back to what you do best, working ON your business…not IN your business. There are many other reasons to outsource beyond […]