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Major Accounting Changes To Look Out For This August 2020

Major Accounting Changes To Look Out For This August 2020

by Christina | Aug 13, 2020 | Accounting News

Accountants follow standards and procedures that various governing bodies keep track of and maintain. These organizations include the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA). Government agencies...
Unemployment And Underemployment During The COVID 19 Pandemic

Unemployment And Underemployment During The COVID 19 Pandemic

by Christina | Jul 29, 2020 | Accounting News, Personal Finances

COVID-19 is one of the most economically and socially damaging disasters in recent decades. It has forced the government to take drastic measures to save as many lives as possible. One of these measures is the partial or complete shutdown of many industries.  CPA...
How Businesses Can Reopen During The Pandemic

How Businesses Can Reopen During The Pandemic

by Christina | Jul 20, 2020 | Accounting News, Small Business

The Covid-19 pandemic may just be one of the worst economic disasters the US has faced in recent decades. It has been seven months after the very first Covid-19 case in the United States. Hence, many are asking, “are we ready to reopen the economy, now?”...
Accounting For Company Vehicles In 2020

Accounting For Company Vehicles In 2020

by Christina | Jul 13, 2020 | Tax Preparation, Accounting News, Tax Deductions

According to the US Bureau of Transportation Statistics, as of 2018, at least 3.1 million automobiles and trucks ply across the country for business purposes. This vast number shows the importance of these vehicles for businesses and the economy. It provides them with...
Accounting For Company Vehicles In 2020

How Your Taxes May Have Changed During The Pandemic

by Christina | Jul 8, 2020 | Accounting News, Small Business, Tax Preparation

Benjamin Franklin once said, “There were only two things certain in life: death and taxes.” This quote has never been more valid than this 2020. This year has been a rough for everyone. From the richest to the poorest, COVID-19 has affected us all in more ways than...
PPP Loan Forgiveness Can Be Done Early, But With A Catch

PPP Loan Forgiveness Can Be Done Early, But With A Catch

by Christina | Jun 28, 2020 | Accounting News, Small Business

As states across the US are starting to reopen, the Payment Protection Program has been a saving grace to thousands of businesses. It has helped prevent a full-scale employment crisis across the country as companies could continue paying employee wages. Top Accounting...
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