Small business

As small businesses in different parts of the country reopen in the midst of the novel coronavirus pandemic, they are beginning to increase the number of hours worked by their employees, according to payroll giant Paychex, although spikes in the virus are threatening to set back those gains.

The pandemic has created many great opportunities for finance pros to help their clients.

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act.

The institute released guidance on how to account for forgivable loans under the Small Business Administration’s Paycheck Protection Program.

The bill, which passed the House last week on a 417-1 vote, now heads to President Donald Trump’s desk for his signature.

The payroll provider has been partnering with accountants to help them secure loans for their small businesses.

Employment growth at small businesses improved slightly in May, up 0.25 percent, as stay-at-home orders eased in most states, but that was only after reaching historic lows in April, according to payroll giant Paychex.

The House voted Thursday to give small businesses financially strapped by the COVID-19 crisis more flexibility to spend forgivable loans for payrolls and expenses from the government’s popular Paycheck Protection Program.

The SBA’s form clarifies some issues, but still leaves questions to be answered.

Your clients' businesses evolve over time — and the business environment in which they operate changes as well, especially at a time like this.

Business operations need cash influxes now more than ever.

Many will reconfigure what they do to the new reality and will make some investments in updating and formalizing some of their Band-Aid processes.

The U.S. Small Business Administration, in conjunction with the Treasury Department, released a loan forgiveness application for the SBA’s troubled Paycheck Protection Program, along with detailed instructions for the application.

The Small Business Administration’s troubled Paycheck Protection Program appears to be providing more businesses with long-awaited loans, despite the rocky rollout and ever-changing guidance, according to a new survey.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

In this environment where information is fluid and everything is changing on a daily basis, accountants must stay out in front of clients’ needs.

There are no fixed rules and you can grow your firm in many ways.

Ten pandemic-related technology developments from the past month, and how they’ll impact your clients and your firm.