The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service about accounting methods for small-business taxpayers and how to determine whether a taxpayer qualifies as a small business.
Without healthy, profitable growth on the top and bottom lines, any firm will struggle and ultimately die.
The Financial Accounting Standards Board is considering giving privately held companies and not-for-profit organizations an extra two years to implement standards.
Data drives an increasing number of business decisions in the digital age.
No one has better visibility into the finances of a small business than their accountant.
The SEC proposed to free small companies from a Sarbanes-Oxley Act requirement that an auditor sign-off on their internal controls over financial reporting.
There’s a strategy that’s been useful to help many clients achieve their financial objectives, while providing the tangible security required by the lender.
After the previous month’s uptick, the Accountants Confidence Index dropped again.
The tax and accounting software maker reported a 5 percent increase in TurboTax units sold this tax season compared to last year, thanks to a 7 percent increase in TurboTax Online sales.
CPA firms are becoming more niche driven and expanding into greater advisory roles.