Small business

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.

Be aware of cybersecurity best practices, both in internal operations and interactions with other companies.

Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.

A client of mine recently asked me what I thought was the best organizational structure for a small business, especially related to the tax issues.

The coronavirus and uncertainty over the election are slowing down employment gains.

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a few days.

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

The U.S. Small Business Administration and the Treasury Department are making it easier for companies to get their Paycheck Protection Program loans of $50,000 or less forgiven.

Providing your clients with tangible actions they can take to improve cash flow may be one of the most important and impactful pieces of advice you can give.

About three years ago I was helping a client sell his business in what was a pretty typical negotiation for me. However, the client exhibited apprehension almost every step of the way.

The unemployment rate declined to 7.9 percent in September, the U.S. Bureau of Labor Statistics reported Friday.

Small-business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex.

Practitioners share strategies and warnings for companies weathering the coronavirus pandemic.

The Financial Accounting Standards Board is offering a practical expedient to the current revenue recognition rules for franchise businesses.

Delivering advisory services to help small businesses through the pandemic is a win for everyone.

Xero has revamped its “Starter” plans in the United States, prompted by the need to better support small and mid-sized businesses while they deal with the impact of the COVID-19 pandemic.

With the forgiveness process now open, accountants, tax professionals and auditors are working around the clock to submit forgiveness applications on behalf of their clients. There are several steps you can take to increase the likelihood of loan forgiveness.

Requiring so little from applicants and giving so little guidance to them is virtually begging for fraudulent loan applications to be submitted or for good faith errors to be made.