Have you heard the IRS’s latest announcement regarding the tax filing extension? Like last year, the IRS has extended the federal tax deadline to give taxpayers additional time to file and pay income taxes. But that’s not all—many states and localities are also updating their state and local income tax deadlines to match the IRS […]
Shuttered Venue Operators Grant program to open April 8
The SBA will host a free national informational webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET on Tuesday, March 30. Venue operators interested in participating can register here. The SBA also recommended that potential SVOG applicants register at SAM.gov for the federal government’s System for Award Management […]
Avii’s Message to Accounting: ‘Think Now, Instead of React Later’ As Tax Deadline Moves to May 17, 2021 – Yahoo Finance
–The best time to observe, discuss and start plans for improvements of accounting workflows and software is during, not after, each major accounting cycle– As the IRS deadline for 2020 tax filing moves to May 17, 2021, accounting firms are having mixed reactions, according to AviiTM (www.avii.com), a leading practice management platform for tax, audit, […]
LinkedIn tips for accountants and finance professionals
Networking has been unusually difficult over the past year, and most professionals have leaned on virtual platforms to form and maintain professional relationships. Many of the best practices for navigating LinkedIn have remained unchanged by the pandemic, but experts contend that accountants should approach the platform in a more mindful and deliberate way because of […]
New markets emerge for carbon accounting businesses as cities like LA push proposals – TechCrunch
Earlier this month, Los Angeles became the latest city to task its various departments with prepping a feasibility study for deploying new software and monitoring technologies to better account for its carbon footprint. LA’s city council initiative, led by council member Paul Koretz, follows a push from the state legislature to mandate that all businesses […]
New PPP guidance implements changes from American Rescue Plan Act
New Paycheck Protection Program (PPP) guidance from the U.S. Small Business Administration (SBA) incorporates changes to the program made by the American Rescue Plan Act, P.L. 117-2, and establishes that entities that receive a Shuttered Venue Operators Grant (SVOG) cannot subsequently receive a PPP loan. The American Rescue Plan Act revised the section of the […]
Sales Tax vs. Use Tax: How They Compare and Contrast
As a business owner and consumer, you’re likely familiar with sales tax. After all, the majority of states have some type of sales tax. But, you may be less familiar with use tax and how it works compared to sales tax. Want to find out the difference between sales tax vs. use tax? Keep reading. […]
Global Cloud Accounting Software Market Size Is Expected To Be Worth Around USD 5653.5 Mn By 2028 | CAGR Of 7.8% – Rome News-Tribune
Pune, India, March 18, 2021 (Wiredrelease) Prudour Pvt. Ltd: Market.us proclaims the addition of a new report titled, Cloud Accounting Software Market Industry Key Player, Trend and Segmented Data, Demand and Forecast by 2031, which lends a complete an in-depth analysis of the latest trends, rendering specific details on market size, technical and business developments persuading the business statistics […]
IRS postpones April 15 deadline
The IRS announced on Wednesday that it is postponing the deadline for all individual tax returns. Returns otherwise due April 15 will not have to be filed until May 17 this year. The IRS says it will issue formal guidance in the near future. The postponement applies only to individual taxpayers, who can postpone their […]
Deloitte Releases 12th Annual Life Sciences Industry Accounting Guide – Pharmaceutical Executive
Report provides comprehensive look at financial and accounting issues faced by life sciences industry. On Mar. 16 Deloitte released its 12th annual Life Sciences Industry Accounting Guide. The report provides a comprehensive look at some of the complex issues that finance and accounting professionals in the life sciences industry face including R&D costs, acquisitions and […]