The Latest

Every business owner knows the drill: We made a profit this year so we need to spend our cash to save on taxes. I want to challenge you to think differently this year to “save cash,” not “save taxes.”

Millions of small business owners are unprepared for retirement, with a third of the women and a quarter of the men in a new survey having no estimate of how much they will need when they retire.

Hiring was up slightly, by 0.04 percent, but paycheck size declined slightly by 0.2 percent, from January to February, according to payroll provider SurePayroll.

In a rare sign of bipartisanship, Congressional Republicans and Democrats are moving forward with a group of jobs bills with bipartisan support, aimed at improving capital formation for small businesses and spurring the growth of startups.

The New York City Department of Consumer Affairs conducted a two-week-long enforcement sweep of tax preparers across the city and issued violations to one out of every three preparers it inspected, mainly for violating laws governing refund anticipation loans and disclosure of their true qualifications and fees.

The Internal Revenue Service disallowed nearly $1.6 billion in erroneous First-Time Homebuyer Tax Credits, but could have flagged even more, according to a new government report.

Sousley Named a Partner at Seim Johnson

XBRL-based collaborative data product provider Calcbench has won the $20,000 grand prize for the XBRL Challenge, a contest for developers to build the most inventive and useful application leveraging XBRL-formatted data from the Securities and Exchange Commission’s EDGAR database.

Bill G. Elms, former managing partner at Elms, Fairs & Company, which merged with Texas accounting firm Weaver in 2010, was recently honored by the Texas State Board of Public Accountancy for maintaining his Texas CPA license for 50 years.

Cloud-based accounts payable and receivable system Bill.com has added to its offerings with the release of CashView, a cash flow management system designed to provide organizations with strategic insight and control over their finances.