Small business

Business clients are likely to require accounting services that are all or mostly digital.

Ernst & Young said Thursday that Headwaters SC, LP and its Family Enterprise Business Services practice are joining EY.

The House Ways and Means Tax Policy Subcommittee held a hearing Thursday to discuss how tax reform will affect small businesses, while a Senate Democrat introduced legislation to give new tax breaks to small businesses.

Private sector employment increased by 158,000 last month, according to payroll giant ADP, in another sign of the job market moving toward what economists consider “full employment.”

Employment growth at small businesses declined for the fourth month in a row in June, according to payroll giant Paychex, but wages continued to rise.

Everywhere these days, news headlines scream that automation stands to eliminate many of the traditional jobs in the U.S.

The Financial Accounting Standards Board has proposed an accounting standards update to reduce the cost and complexity of financial reporting related to the consolidation of variable interest entities, based on recommendations from FASB’s sister organization, the Private Company Council.

Accountants and other financial advisers know better than most how busy small business owners are and how much they value any advice, resources or tools that can help them save time, particularly on administrative tasks.

An official from the American Institute of CPAs testified Wednesday before the Senate’s Small Business and Entrepreneurship Committee in favoring of lowering taxes for small businesses as much as corporations.