The IRS issued proposed regulations (REG-132766-18) on July 30 related to simplified tax accounting rules for small businesses and updating various tax accounting regulations to adopt the simplified rules enacted by the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, under Secs. 448, 263A, 460, and 471. The proposed regulations apply […]
Small business accounting regulations and tax shelter implications – Journal of Accountancy
The IRS issued proposed regulations (REG-132766-18) on July 30 related to simplified tax accounting rules for small businesses and updating various tax accounting regulations to adopt the simplified rules enacted by the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, under Secs. 448, 263A, 460, and 471. The proposed regulations apply […]
Companies use full array of tools to navigate the pandemic
The coronavirus pandemic tested the financial mettle of public companies, forcing even healthy ones to manage cash amid slumping sales, social-distancing expenditures, and disrupted supply chains. Financial officers deployed their full array of tools to navigate the crisis, conserving cash for survival, expanding credit lines as a precaution and, in some cases, building an arsenal […]
Accountants favor Trump in election by large margin – Accounting Today
Accountants favor Donald Trump in the upcoming presidential election by a large margin, arccording to a recent survey — and regardless of who they’re voting for, they expect the state of the country and the economy to improve significantly after Nov. 3. In a survey of over 400 accountants from across the country conducted by […]
‘Big Four’ accounting firm sees upside to climate change – Yahoo Finance Australia
The Czech Republic’s GDP could rise 25 percent by 2100 even under extreme global warming, according to a report from accounting giant Deloitte. More One of the world’s ‘Big Four’ accounting firms released a report this week concluding that extreme, “business-as-usual” climate change will benefit a third of the world’s economies over the course of […]
A data revolution, from hot dogs to fastballs
Baseball has always been a numbers sport, with fans and managers alike tracking strikes, balls, runs, and errors. Only in recent decades, though, has the sport fully embraced the power of technology and statistical analysis, from the ballpark experience to scouting and training. Chris James, CPA, the director of accounting for the San Diego Padres, […]
Take a Deep Dive into Today’s Top Accounting Programs for $40
Get familiar with QuickBooks, Xero, Sage 50cloud, and Wave. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! September 25, 2020 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 small […]
Take a Deep Dive into Today’s Top Accounting Programs for $40 – Entrepreneur
Get familiar with QuickBooks, Xero, Sage 50cloud, and Wave. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! September 25, 2020 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 small […]
COVID-19 is driving a borderless accounting profession – Accounting Today
A new era of work was ushered in by the COVID-19 pandemic. Many organizations quickly adapted to the remote workplace, relying heavily on the cloud, Zoom and other technologies to conduct business (not as usual). Several months into this gigantic work from home experiment, accounting professionals around the globe are settling into this new definition […]
What Is a Check Register, and How Can It Help You Organize Business Transactions?
As a small business owner, you know how important it is to keep track of your company’s finances. But, sometimes your business bank statement is not up-to-date with the most current information. For an up-to-date picture of your transactions, you can use a check register. So, what is a check register? What is a check […]