Small business

Small business owners who got Paycheck Protection Program loans could qualify for big write-offs from their rescue money, amounting to what Treasury Secretary Steven Mnuchin has called a tax-break “double dip.”

The change would make it easier for private companies and nonprofit organizations to evaluate a goodwill triggering event.

Annual meeting minutes are an important business compliance requirement, helping to keep a company in good standing with the state and maintain its protective corporate veil.

Lawmakers are seeking to address some of the PPP’s more obvious failings in the latest coronavirus bill.

The practice is helping clients deal with streamlining operations, reducing unnecessary expenditures and improving their profitability and cash flow.

The provider of payroll, benefits and HR technology for small businesses is making a push to sign up more accounting firms as partners.

The American Institute of CPAs has joined with over 560 business and trade organizations in urging Congress to pass legislation.

There are signs of a slowdown in the economy as businesses continue to struggle with rising COVID-19 infections across the country.

The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.

The enforcement push comes after years of persistently low examination rates.