by Martin Pascual | May 4, 2020 | Accounting News, Small Business
The coronavirus pandemic has placed millions of businesses and employees in peril. To augment this problem, the government has placed various policies to help enterprises to stay afloat. Some of these policies, however, bring about some questions and issues regarding...
by Martin Pascual | Apr 27, 2020 | Accounting News, Small Business
The COVID-19 has impacted the United States economy in extraordinary ways. Since the start of the pandemic, the Department of Labor has recorded at least 26 million Americans filing for unemployment. One of the most common reasons for businesses to let go of employees...
by Martin Pascual | Apr 19, 2020 | Accounting News, Tax Deductions, Tax Preparation
The current COVID-19 pandemic has shown the importance of sick leaves for employees and employers alike. It has also started debates on the viability of requiring employers to provide a set number of paid sick leaves annually. In this article, we will focus on the...
by edwin | Apr 6, 2020 | Accounting News
On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act, commonly known as the CARES Act, the largest funding bill in the history of the United States. The CARES Act provides immediate, substantial relief to employees...
by edwin | Dec 19, 2019 | Accounting News
Rental real estate businesses may as well start singing holiday carols as Christmas has come early for their industry. IRS’s recent proclamation (Rev. Proc. 2019-38) has loosened tax regulations on rental real estate businesses with regards to Qualified Business...
by edwin | Dec 19, 2019 | Accounting Industry, Accounting News
Accounting standards are the DNA of every financial statement of every business in the US. Hence, just like DNA, a single change can affect the growth of the whole entity. For leasing standards, unfortunately, these changes are coming to light slower than expected....
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