Small business

What are some things your clients need to be aware of when considering transferring a business entity’s charter to a different state?

Some recent virtual retreats for sole practitioners and for two- and three-partner firms yielded insights into how to improve practice management.

Employment increased by 943,000 last month, beating expectations, including 8,400 jobs in accounting and bookkeeping, while the unemployment rate fell from 5.9 to 5.4%.

Job growth at small businesses spiked in July across various industries and parts of the country, according to payroll giant Paychex, with hourly earnings also improving.

The U.S. Small Business Administration will be unveiling an online portal where Paycheck Protection Program borrowers can directly apply for forgiveness on loans of $150,000 or less without going through their bank.

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms and other valuables.

While CPAs have provided crucial financial counsel to clients navigating economic uncertainty, it does not mean they themselves are out of the woods.

The recent change in presidency is set to bring about substantial changes in the way high-net worth individuals are taxed in relation to capital gains.

ADP saw further signs of economic recovery from the COVID-19 pandemic.

Small and midsized businesses have experienced a remarkable turnaround this year as the economic recovery accelerated despite the pandemic, with both revenue and headcount on the rise at many companies.