Payrolls fell sharply in December, as the U.S. Bureau of Labor Statistics reported Friday that employment declined by 140,000 jobs amid the continuing economic fallout from the novel coronavirus pandemic. Nevertheless, the accounting and bookkeeping sector added 2,300 jobs last month. The unemployment rate remained at 6.7 percent despite the job cuts, which were the […]
Eager to Learn How to Do Your Own Accounting? Start Here
If you run your own business, you need to have an accurate way to account for your company’s transactions and keep your books up-to-date. One option you have is doing accounting yourself. You may be a little apprehensive about doing your own accounting. After all, it is a big (and important) task. But by following […]
AICPA promotes Sue Coffey to CEO of public accounting – Accounting Today
The Association of International Certified Professional Accountants has promoted longtime AICPA executive Sue Coffey to the new position of CEO of public accounting. Coffey has been a top leader at the AICPA for many years who has taken on more of a global role after the American Institute of CPAs teamed on a joint venture […]
Looking to Expand? Here’s How to Open an Online Store for Your Brick-and-mortar
It’s no secret that there’s been an increasing shift towards digital buying, which COVID-19 helped further speed up. So if you want to digitize your brick-and-mortar, learn how to open an online store. Taking it to the Web: Should you do it? Why do consumers like to shop online? Convenience. If you dabble in the […]
Pennylane raises $18.4 million for its accounting service – TechCrunch
French startup Pennylane has raised $18.4 million (€15 million) for its accounting service that combines automated processes with human accountants. Existing investors Global Founders Capital and Partech are investing once again. Pennylane is both a software-as-a-service company that helps you deal with your financial data and an accounting firm. By working with accountants directly, it […]
Final regs. address certain Sec. 163(j) rules
Final regulations posted by the IRS on Monday (T.D. 9943) provide additional guidance regarding the limitation on the business interest expense deduction under Sec. 163(j) to reflect amendments made by the law known as the Tax Cuts and Jobs Act, P.L. 115-97, and the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. Specifically, […]
Adams Brown recognized by Forbes as a Best Tax and Accounting Firm – Great Bend Tribune
Adams Brown, Strategic Allies and CPAs, one of the top 200 largest CPA firms in the nation, is recognized by Forbes magazine as one of America’s Best Tax and Accounting Firms. This is the second consecutive year of recognition and the second year Forbes has produced this study. Of the nearly 300 firms identified, Adams […]
Guidance permits change in vehicle use valuation during pandemic
In response to the COVID-19 pandemic, the IRS is allowing employers to switch from the vehicle lease valuation method to the cents-per-mile method (57.5 cents for 2020, 56 cents for 2021) for determining the value of an employee’s personal use of a vehicle during the pandemic (Notice 2021-7). Because many businesses have either closed or […]
Biodesix Announces Hiring of Ryan Siurek as Chief Accounting Officer – Manchestertimes
BOULDER, Colo.–(BUSINESS WIRE)–Jan 5, 2021– Biodesix, Inc. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today announced that Ryan Siurek has joined the company as Chief Accounting Officer reporting to Ms. Robin Harper Cowie, Chief Financial Officer. “I am very pleased to welcome Ryan as our new Chief Accounting […]
Biodesix Announces Hiring of Ryan Siurek as Chief Accounting Officer – Manchestertimes
BOULDER, Colo.–(BUSINESS WIRE)–Jan 5, 2021– Biodesix, Inc. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today announced that Ryan Siurek has joined the company as Chief Accounting Officer reporting to Ms. Robin Harper Cowie, Chief Financial Officer. “I am very pleased to welcome Ryan as our new Chief Accounting […]