Stop paying accountants when you can just use QuickBooks. Free Book Preview Tax and Legal Playbook Get game-changing solutions to your small business questions. January 15, 2021 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a […]
Cloud-based farm accounting solution launched by ag tech start-up Traction – Successful Farming
In order to manage financial information and overall farm profitability, farmers have had to choose between non-farm-specific applications or legacy desktop software. This presented two challenges. Not only was it difficult to integrate accounting to field-level analysis, using older software that wasn’t always supported made it tough to maintain. The founders of Traction want to […]
Individual CPAs can apply for .cpa web domain Friday
The .cpa domain application window will open Friday for licensed CPAs to apply for on an individual basis, the AICPA announced. Beginning at 10 a.m. ET Friday, individual CPAs can request their preferred branding using .cpa, which is the restricted internet domain for the accounting profession. Thousands of licensed CPA firms and approved organizations, such […]
Guidance issued for PPP first-draw loan increases, reapplications
The U.S. Small Business Administration (SBA) released procedural guidance Wednesday night that details the requirements for Paycheck Protection Program (PPP) borrowers to reapply for a PPP loan or request an increase to a PPP loan. The procedural notice applies primarily to first-draw PPP loans approved by Aug. 8, 2020, which is when the first iteration […]
Accounting for the gaps in ancient food webs – Science Daily
If you want to understand an ecosystem, look at what the species within it eat. In studying food webs — how animals and plants in a community are connected through their dietary preferences — ecologists can piece together how energy flows through an ecosystem and how stable it is to climate change and other disturbances. […]
S Corp vs. LLC: Which Is Better for Your Business?
When you start a company, there are a number of business structures to choose from. Two popular types of business structures are an S corporation and LLC. If you’re thinking about choosing one of these structures, find out the key differences between S Corp vs. LLC and learn which one is best for you. S […]
Goodwill hunting: rule-setters eye accounting shake-up – Financial Times
For an accounting concept that sounds friendly, goodwill raises hackles between investors and companies. After decades of debate, investment analysts and chief financial officers still do not agree how to treat this bookkeeping legacy from takeover deals. The debate might sound arcane but it matters to financial analysis, and therefore to investors. For some corporates, […]
PPP application dates announced
The application window for Paycheck Protection Program (PPP) forgivable loans will open Friday for lenders with $1 billion or less in assets, the US Small Business Administration and Treasury announced. The opening, which will take place at 9 a.m. ET, applies for both first- and second-draw PPP loans. The program will begin accepting applications for […]
IMA CEO Thomson foresees ‘megatrends’ for accountants this year – Accounting Today
Institute of Management Accountants president and CEO Jeff Thomson is predicting six megatrends in the finance and accounting profession this year. They include: An increasing amount of automation; Remote work becoming the norm for finance teams; Environmental, social and governance reporting growing in importance; Finance professionals being held accountable for enterprise risk management; Diversity, equity […]
ACORD unveils accounting reconciliation platform – Business Insurance
ACORD Solutions Group Inc. has launched its real-time premium accounting reconciliation ADEPT platform, with the first data exchanged by Aon PLC and insurer Zurich North America, ACORD said in a statement Wednesday. The system utilizes blockchain-based technology to verify payment information by structuring, translating and validating data in real time. ACORD, the Association for Cooperative […]