Top 11 benefits of cloud-based accounting and real-time data
If you haven’t converted to cloud-based accounting, it’s likely that COVID-19 may prompt you to make the switch. With more and more businesses and industries operating virtually, cloud access and…
Tax planning during historically low interest rates
The unprecedented global pandemic and record unemployment has resulted in a dramatic drop in interest rates. Many people focus on the Fed rate and mortgage rates, and rightfully so, but…
Understanding the electric vehicles tax credit program
As consumers become more conscious in their environmental footprint, and look for ways to save money, more and more electric vehicles can be seen on the roads today stretching from…
IRS issues guidance on payroll tax deferral from presidential executive order
Employers can now defer payroll tax withholding on employee compensation for the last four months of 2020 and then withhold the deferred amounts in the first four months of 2021, confirms…
Latest update to PPP provides guidance on owner-employee compensation, non-payroll costs
On Aug. 24, the Small Business Administration (SBA) and Treasury issued the latest interim final rule update to the Paycheck Protection Program (PPP) that seeks to clarify guidance related to…
CFOs are playing more pivotal roles in modern corporations than ever before, and the impact of the COVID-19 pandemic is shedding light on how CFOs can impact short and long-term financial stability. While…
