Small business

The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability.

For firms interested in implementing a health reimbursement arrangement, several steps must be completed to do so correctly and compliantly.

The Internal Revenue Service has issued a revenue procedure permanently establishing a process for quickly resolving IRS audits after pilot-testing it in recent years.

CorpNet CEO Nellie Akalp discusses how accountants can advise their business clients on the proper entity to use for legal and tax purposes.

Accountants around the world are increasingly coping with a talent shortage.

Nearly two-thirds of small businesses are affected by late payments on open invoices, according to a new survey, with almost a quarter of them unable to hire new employees.

Stakeholders in mature architecture and engineering firms nearing retirement are bombarded with ideas from many advisors for the “best” exit option.

Private sector employment grew by nearly 300,000 last month, according to payroll giant ADP, in another strong sign for the economy.

Payroll giant found a jobs increase for the third month in a row in a further sign of improving optimism.