The U.S. Small Business Administration (SBA) and Treasury issued an 18-page document Tuesday detailing how Paycheck Protection Program (PPP) borrowers should calculate revenue reduction and maximum loan amounts for second-draw PPP loans. The guidance also lists the documents borrowers must provide to support each set of calculations. The release came after SBA and Treasury issued […]
MSU launching online master’s programs in accounting, taxation in 2021 – Mississippi State Newsroom
Mississippi State’s Richard C. Adkerson School of Accountancy will begin offering two new online master’s programs in 2021. (Photo by Megan Bean) Contact: James Carskadon STARKVILLE, Miss.—Mississippi State University will launch new online master’s programs in accountancy and taxation in 2021. The MSU College of Business’ Richard C. Adkerson School of Accountancy is set to […]
What’re the Differences Between Form 1099-MISC vs. 1099-NEC?
Before 2020, business owners used one universal form—Form 1099-MISC—to report nonemployee compensation and other types of payments (e.g., rent). But after a 38-year absence, Form 1099-NEC made a return in 2020. So, how do these forms differ? Read on to learn all about Form 1099-MISC vs. 1099-NEC and which form you need to use. Form […]
Coastline College Blog: Teacher Feature – Kevin Erdkamp, Department Chair Of Accounting – Patch.com
From stocking potato chips to Department Chair of Accounting, Professor Erdkamp has learned and grown throughout his life. In turn, there is much to learn from one of Coastline’s most accomplished teachers. Like all writers before and after me can most likely admit: numbers aren’t my forte. Fortunately for me (and all the other numerally-challenged […]
The First Steps of Your Accounting To Open Your Company – Entrepreneur
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. The best way to project your business is by measuring all the progress. If you don’t, it is difficult to evaluate and outline future projects. To do this, you must analyze the progress of day-to-day operations through […]
ESG accounting needs to cut through the greenwash – Financial Times
The writer is professor of business and public policy at Oxford’s Blavatnik School of Government For investors seeking more focus on environmental, social, and governance issues, 2020 might have felt like a good year as numerous CEOs embraced ‘ESG-speak’. But much of this, I suspect, was to dress up the disappointment of Covid-19-induced losses. And […]
Cloud Accounting Software: Questions to Consider
As a small business owner, you need to record your financial transactions. But, accounting is not easy, and all signs point to accounting software. Why use accounting software? Cloud-based accounting software could be a low-cost, time-saving option for tracking your business’s finances. The cloud Do you think understanding the “cloud” is over your head? [pun […]
The 6 Best Accounting Firms of 2021 – Investopedia
Bottom Line As this list shows, the offerings and pricing of accounting firms for small businesses vary widely. The key is understanding your accounting needs and the value of having someone from outside your business fulfilling those functions. Even the most expensive firm on this list is probably less costly than hiring someone to perform […]
Tax filing season to start Feb. 12, IRS announces
The IRS on Friday announced that it will start accepting and processing 2020 tax returns on Friday, Feb. 12. This is later than in most previous years, when tax season has started in January. The IRS says the delay is due to the extra time it needs for programming and testing its systems following the […]
Wiregrass accounting earns national note | Local News – Valdosta Daily Times
VALDOSTA — Wiregrass President Dr. Tina K. Anderson has announced the college’s accounting certificate program has been ranked fifth in the nation by Best Value Schools.org website. Best Value Schools helps students to choose the best accounting certificate programs in the state and nation, Wiregrass Georgia Technical College officials said in a statement. The distinction […]