Last week our bookkeeping and payroll team enjoyed a challenging but fun evening at the Escape Rooms in Salisbury. It was the fourth year the team have chosen to go there to experience the well planned challenge of using clues to solve the mystery. The team was evenly split this year with three very experienced […]
Offering Employee Equity
You’re the founder of a startup and cash flow is tight. Yet you need to attract talent into the fold and find a way to retain good employees during the bumps along the way. What’s an entrepreneur to do? One option is to offer employee equity in the company. Equity is non-cash compensation that represents […]
Georgia becomes second state to delay presidential primary due to coronavirus pandemic
People vote in the Michigan primary election at Chrysler Elementary School in Detroit, Michigan, on March 10, 2020. Jeff Kowalsky | AFP | Getty Images Georgia will delay its presidential primary scheduled for next week over concerns surrounding the coronavirus pandemic, a spokeswoman for the Georgia Democratic Committee confirmed to CNBC. Georgia Gov. Brian Kemp […]
Ford COO Farley to receive $2.5 million in shares if not selected as next CEO
Jim Farley, Ford Motor Company Executive Vice President and President of Global Markets, reveals the 2020 Ford Mustang Shelby GT 500 at the 2019 North American International Auto Show during Media preview days on January 14, 2019 in Detroit, Michigan. Bill Pugliano | Getty Images Ford Motor Chief Operating Officer Jim Farley is set to […]
Creating a Monthly Bookkeeping Checklist
Small business owners who recently opened their doors may feel inexperienced with the operational tasks involving bookkeeping. Quickly, they understand that running a company involves more than selling products or services, growing your client base, and increasing revenue. For those inexperienced with accounting duties, we are here to help. Below, we discuss the basics of […]
What the Coronavirus Stimulus Package means for you
It’s hard to escape the news of the Coronavirus, as it continues to have a huge impact on people across the world. Closer to home, the Morrison Government has announced a stimulus package in response to the anticipated economic downturn. This package includes a number of economic stimulus measures for the 2019/20 and 2020/21 income […]
Final regs. raise offer-in-compromise user fee
News Procedure & Administration By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} On Thursday, the IRS raised its user fee for offers in compromise (OIC) from $186 to $205, but also expanded its definition of low-income taxpayers who are exempt from the fee (T.D. 9894). The increased fee is lower […]
Supreme Court closes to the public until further notice amid coronavirus outbreak
A man walks up the steps of the U.S. Supreme Court on January 31, 2017 in Washington, DC. Mark Wilson | Getty Images News | Getty Images The Supreme Court will be closed to the public until further notice amid the coronavirus pandemic, a spokesperson said Thursday. The building will remain open for “official business,” […]
Apple is working on a new iPhone app with workout videos, code-named ‘Seymour’
A barre class at a Hyatt Exhale spa. Courtesy of Hyatt. Apple is working on a new app for the iPhone codenamed “Seymour” that will guide users through workout routines on their Apple Watches and iPhones, according to a person familiar with the plans. This person declined to be identified because they were not authorized […]
What you may not know about VAT
There are lots of things to remember about VAT when you are VAT registered. This is an article I wrote about VAT a couple of years ago but the points I made are still relevant . So, here are twelve things about VAT which you may not know. 1. VAT records must be kept for […]