Taxes, taxes, taxes. As a business owner or aspiring entrepreneur, you probably dread hearing the word “taxes.” But the truth is, you’re going to hear it a lot when you’re in business. And depending on your type of business structure, you may have single taxation or double taxation. So … what’s the difference between single […]
Director of Accounting – Charlotte Agenda
Since 1983, Hill Partners has been reshaping communities by strategically weaving our centers and mixed-use projects into the fabric of the local market. We carefully craft marketplaces through strategic implementation of all creative, acquisition, developmental, merchandising/leasing, asset/property management, consumer marketing, and financial processes to ensure successful integration into the larger community, leading to long-term success […]
Identity theft a risk to consumers as online purchases increase
Over the last year, the coronavirus pandemic has changed almost every aspect of American life, including shopping habits. In fact, 56% of Americans reported an uptick in their online shopping between mid-March and December of last year, according to a new survey from the AICPA. But Americans may not be doing all they can to […]
Outlook for 2021 taxes is full of uncertainties – Accounting Today
The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration. A new report from Bloomberg Tax & Accounting delves into these issues with a series of articles from Bloomberg’s team of tax experts. Topics include moves […]
Not-for-profit auditors face new challenges amid pandemic
An audit that Ksenia Popke, CPA, J.D., performs for a large sporting event that draws participants from all over the world shows just how different audits will be for not-for-profit financial statements because of the pandemic. The event was canceled in 2020 because of restrictions on large gatherings, and the client had to consider whether […]
SBA announces steps to improve PPP review process
The U.S. Small Business Administration (SBA) said Tuesday that it is taking steps to improve the agency’s first-draw Paycheck Protection Program loan review process so that small businesses seeking a second-draw loan have as much time as possible to access those funds. The SBA’s reviews of initial-draw PPP loans have found anomalies — mostly data […]
You’ve Collected it … Now What? How to Pay Sales Tax for Small Business
You know that little line at the bottom of your receipts and invoices that says Sales Tax? As a business owner, it’s not your responsibility to pay it out of pocket. But it is your responsibility to collect and remit sales tax. If you don’t know how to pay sales tax for small business to […]
Economic confidence fragile for accountants during global pandemic – Accounting Today
Accountants around the world are seeing the prospects for swift economic recovery slipping away amid a resurgence in COVID-19. The latest edition of the quarterly Global Economic Conditions Survey from the Association of Chartered Certified Accountants and the Institute of Management Accountants found that confidence fell in North America in the fourth quarter of 2020, […]
Diverse talent leaving accounting jobs due to ‘lack of inclusion’ – Accounting Today
Diverse talent is leaving accounting positions due to a “lack of inclusion,” especially at the senior level, according to a panel of diversity experts in a recent virtual conference hosted by the Institute of Management Accountants. The session, “Diversity, Equity, and Inclusion in U.S. Finance & Accounting,” acted as a precursor to a report from […]
Erickson: A conservative accounting – The Winchester Star
Everyone keeps telling me I need to move on. But I don’t think I can, nor do I think the conservative movement can. For the past four years, a largely anonymous group on the internet has been seeding a global conspiracy that claimed an international group of child sex traffickers was scheming with the American […]