Report Shows Small Businesses on Road to Recovery

U.S. small businesses are on the road to recovery from the financial losses experienced during the COVID-19 pandemic, according to a new report by Intuit QuickBooks. The report, Intuit QuickBooks Small Business Recovery, published by Intuit, uncovers the varied impact the pandemic has had on small businesses across different industries and geographies since March 2020, when COVID-19 caused many business owners to temporarily shut their doors.

Small Businesses Are Recovering

The pandemic pushed us forward. Let’s keep evolving

Continue the changes you’ve made into 2021 and beyond.

 

A close friend of mine had a slight stroke, and it changed his life for the better. He immediately made changes to his lifestyle, eating, and exercise habits. Today, he is healthier, happier, and more productive. All of these changes were things he kept making promises to do "someday," but that turned out to be a very risky idea.

Swiss Cyber Security Firm Says It Accessed Servers of a SolarWinds Hacking Group

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No Business is Too Small to be Attacked

No firm or business is too small to be victimized by the growing number of sophisticated cyber criminals. The key is to take the proper steps to avoid situations that can put you out of business.

Many small business owners have fallen into traps simply because they believe they’re too “small” to get the attention of those charged with regulating operations.

Dark Horse Disrupts Traditional CPA Firm Model with New Principal Accelerator Program
Dark Horse CPAs, a top accounting and tax firm serving small businesses and individuals across the nation, has created a first of its kind business model that puts the CPA in the driver seat and the traditional CPA firm on notice.

 

Dark Horse CPAs, a top accounting and tax firm serving small businesses and individuals across the nation, has created a first of its kind business model that puts the CPA in the driver seat and the traditional CPA firm on notice.

Georgia May Start Taxing Digital Products in July

Lawmakers in Georgia are looking to extend the state’s sales and use tax to digital goods and services. If House Bill 594 is enacted as written, audiovisual works, electronic books, video games, and a host of other digital products and services would ...

 

Get Off the Hackers' Hit List: Evolving Competencies for Finance Firms Today

CPA practices, accounting firms and financial services organizations are increasingly wise to the ways of cybercriminals. They're proactively partnering with IT and business leaders to take preventative action, mitigate risk and avoid costly breaches.

Each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. Explore your rights and our obligations to protect them.

This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a legal argument in a court case.

72. How does an Eligible Employer claim the Employee Retention Credit for qualified wages?

Three cybercrime trends to prepare for in 2021

Have you heard about the ‘2021 Black CPA Centennial’ campaign?  

As February marks the beginning of Black History Month, organizations across the accounting profession have marked the occasion by commemorating the 100th anniversary of John Cromwell Jr. becoming the first registered Black CPA with a new yearlong diversity program.

Season of uncertainty: Aiming for April 15

The month ahead will be a critical time for tax preparers as they face issues on many different fronts. Old legislation, new legislation, stimulus payments and Paycheck Protection Program questions will complicate matters for preparers and taxpayers alike, according to observers — to say nothing of the delayed start to tax season.

The filing season itself will be “one for the ages,” said Mark Steber, senior vice president and chief tax officer at Jackson Hewitt.