Industry News: Report Shows Small Businesses on Road to Recovery

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

Industry News: The pandemic pushed us forward. Let’s keep evolving

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.

Industry News: No Business is Too Small to be Attacked

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.

Industry News: Dark Horse Disrupts Traditional CPA Firm Model with New Principal Accelerator Program

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.

Industry News: Georgia May Start Taxing Digital Products in July

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 ...

 

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

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.

Industry News: Cybersecurity requirements provide new opportunity for CPAs

Cybersecurity requirements provide new opportunity for CPAs

CPAs have a new opportunity to act as third-party assessors of the cybersecurity maturity of U.S. defense contractors as they work to comply with new regulations that have been created to combat cyberthreats.

Industry News: "Hack everybody you can": What to know about the massive Microsoft Exchange breach

 

"Hack everybody you can": What to know about the massive Microsoft Exchange breach

Cybersecurity responders are working around the clock to shore up networks hit by last week's hack of Microsoft's Exchange email service — an attack that has impacted hundreds of thousands of organizations worldwide.

Industry News: Business Tax Effects of New Covid Stimulus Law, American Rescue Plan Act

  Business Tax Effects of New Covid Stimulus Law, American Rescue Plan Act

In addition to the $1,400 stimulus payments to many Americans, the American Rescue Plan Act provides many other relief measures, and also some new business tax measures, that should be noted.

  The American Rescue Plan Act of 2021 (ARPA), enacted by President Joe Biden on Thursday, is an approximately $1.9 trillion COVID-19 relief, funding and tax bill that has received a lot of attention for the inclusion of $1,400 direct payments to individuals.

What else does it do?

Industry News: AICPA Leader Tells Congress of Urgent Need for a 60-day Delay in PPP Application Deadline

AICPA Leader Tells Congress of Urgent Need for a 60-day Delay in PPP Application Deadline

Simpson also called upon Congress to extend the PPP application deadline by at least 60 days after March 31, 2021, citing urgent challenges facing small business and their CPA advisors, ...

Industry News: Why Your Firm Needs a Realistic Succession Plan

Why Your Firm Needs a Realistic Succession Plan



If 2020 taught us anything, it’s that you never know what can happen in life, and the same is true when it comes to your practice. Have you prepared your firm for the future by cultivating a realistic succession plan?

If 2020 taught us anything, it’s that you never know what can happen in life, and the same is true when it comes to your practice. Have you prepared your firm for the future by cultivating a realistic succession plan?

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