Small-business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex.
Regardless of their voting intentions, they overwhelmingly expect things to improve after Nov. 3.
Despite the many, many downsides of COVID-19, one of the biggest silver linings has been that it forced CPAs and accountants into being true advisors to their clients.
The shutdown in March forced O&G firms to confront the inefficiencies of their financial processes.
Most companies don’t expect to reduce their office space in the coming year.
As many businesses and consumers have been forced to deal with the difficult conditions thrust upon them by the COVID-19 pandemic, so too have fraudsters needed to make adjustments just to continue their life of crime.
If the pandemic has a silver lining, it’s that the global accounting world is becoming smaller and borderless.
As the pandemic has stretched on further into 2020, with more lockdowns and economic disruption predicted heading into the fall and winter, continuing to offer fee waivers has not always proved financially viable.
There are two key areas that CPA firms should closely watch to manage audit fees in 2020.
The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.