- Suing your client for fees
Factbox: DarkSide hackers in focus after Toshiba attack
A unit of Japan's Toshiba Corp (6502.T) said on Friday it had been hacked in Europe by the DarkSide ransomware group widely believed to have been behind a crippling fuel pipeline attack in the United States this week. read more
WHO ARE DARKSIDE?
Accountants help restaurants apply for new SBA grants
How Working Conditions and Attitudes Have Changed Due to the Pandemic
Women feel the strain – and pay gaps hold: One of the defining characteristics of the COVID-19 pandemic is the way in which it has upended work/life balance.
Report Shows Small Businesses on Road to RecoveryU.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
2021 child tax credit, EITC, and premium tax credit limits updatedThe IRS on Monday issued adjusted amounts for the child tax credit, the earned income tax credit (EITC), and the premium tax credit (PTC) for 2021, to reflect changes enacted in the American Rescue Plan Act of 2021, P.L. 117-2 (Rev. Proc. 2021-23).
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.
Expenses paid with 2020 PPP loans can be deducted on 2021 tax returns
The IRS announced a safe harbor for certain businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct any of the original eligible expenses because they relied on guidance issued before the enactment of the Consolidated Appropriations Act, 2021 (CAA), P.L. 116-260, in December 2020.
3 Tips for a Less Taxing Tax Day This Mental Health Month
Tax Day in 2021 coincides with Mental Health Month — and while that’s almost certainly a coincidence, it’s a coincidence that certainly feels apt. This won’t be lost on already under-the-gun tax professionals, for whom the lead-up to the filing ...
Are You the Right Tax Professional for That New Client?
At the end of the day, building relationships with our clients and helping them succeed is our goal. These are just a few of the ways we like to ensure each client that comes to us is the right fit for their needs and ours.
Cannabis is Going Mainstream — Is Your Accounting Firm Ready?
In December of 2020, the Marijuana Opportunity, Reinvestment, and Expungement Act (MORE Act) passed the House of Representatives — this could lead to massive change for the cannabis industry in upcoming years.
IRS extends penalty relief for pandemic payroll credits
How the 2021 busy season is different
Two firms explain how they are practicing flexibility and understanding this busy season.
Across the country, some accounting firms prepared for the 2021 busy season by staffing up and offering more flexible work options for employees who are dealing with family issues during the pandemic.
But navigating business needs amid employees' personal needs during an ongoing pandemic has proved to be challenging. Liz Mason, CPA, knows that difficult balance well.
What Is Your Long-Term Remote Work Strategy?
We see signs of people returning to the office. You may connect via video conference with a client, peer or solution provider and see their office space behind them rather than a home office. Maybe you’re back in the office yourself. It’s not exactly a “return to normal” but a gradual shift into the new future of work. And no matter where you’re working as you read this, we need a long-term strategy for remote work/work-from-home.
The pandemic accelerated an existing trend
The Workplace of the Future
The last year has come with unprecedented challenges but also brought great opportunities for innovation and growth. For small to mid-sized accounting firms, the workplace of the future will continue to evolve and look different than the past.