Small business

When I was a junior accountant eons ago, my boss would always give me the cash to reconcile or audit, the minutes to “abstract,” and the internal control questionnaire to go over with the controller or bookkeeper.

With the deadline looming for private companies to comply with the new revenue recognition standard, many companies are still in the assessment stage and have yet to start the actual implementation work.

The Internal Revenue Service’s Chief Counsel has issued a memorandum providing advice on unreported tip income, with the caveat that the advice cannot be used or cited as precedent.

Employment growth at small businesses tempered slightly in April, although wage growth continued to show signs of improvement, according to payroll giant Paychex.

The Roanoke, Va. firm leader wants professionals to "step back from [their] spreadsheets" and take a deeper look at their client's business.

The agency is giving a break to companies in counties where there's no SHOP Marketplace coverage available.

A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the wealthiest.

New reports indicate the effects of the Tax Cuts and Jobs Act on the self-employed are still unclear to many of them.

The software helps taxpayers determine the new Section 199A tax break on qualified business income of partnerships and S corporations under the new tax law.

Is it time to make the switch after the new tax law?

As the country moves toward full employment, employers face the challenge of differentiating their business and job opportunities.

CEOs and CFOs are feeling more upbeat about the prospects for economic growth, according to a survey released by PwC.

It’s been more than a year since Congress created the Qualified Small Employer Health Reimbursement Arrangement, a new health benefits option available to businesses with fewer than 50 employees.

Job growth at small businesses dipped slightly last month, according to payroll giant Paychex, although the pace of wage growth saw some gains.

A new report from Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, discusses how small businesses will face more uncertainty and complexity from the Republican tax law and will ultimately need help from their accountants to figure out the pass-through deduction.

With less than a year before the rev rec changes become permanent, businesses should take immediate action, if they haven’t done so by now.

I hear the comment all the time, “If I do cost segregation, I’ll just give it all back in recapture when I sell.” Allow me to debunk that myth and more.

An unprecedented, industrywide survey of sexual harassment in the professional workplace reveals industries with the highest prevalence of unwanted sexual behavior, the differences between large and small companies, and blind spots that may be preventing corrections. Fortunately, the data also lights a path forward.