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Early on in my career I met with a widow to review her finances and plan her cash flow after her husband’s death. One of her two daughters was also at every meeting. I knew the husband very well, but had never met his wife or children, and was aware of her being very risk […]
PayPie, which is developing a blockchain-based accounting platform complete with cryptocurrency tokens, has launched in beta with a QuickBooks Online integration. The platform’s initial credit assessment and financial analytics insights are live now and available to small and medium-sized enterprises (SMEs) using QBO as their primary accounting solution in the United States, Canada, United Kingdom, […]
Chalk up a win for capex. After months of heated debate over whether companies would hand the biggest tax break in three decades back to shareholders or reinvest it in their businesses, there’s finally some hard data. Among the 130 companies in the SP 500 that have reported results in this earnings season, capital spending […]
Tax season is over. I’m sure the last thing you want to do is revisit the last couple months, but now is exactly when you want to have a debrief. The experience is still fresh in your mind. By documenting and addressing the friction points and bottlenecks ASAP, you will make the process less stressful […]
It’s almost a chicken and egg thing: technology and innovation. Few businesses can think of one without the other, and the line between the two is often nonexistent. That’s certainly the way I see the world, as I look at how our firm can use emerging tech to create digital solutions to enduring (and new) […]
The Internal Revenue Service released guidance Friday to provide relief for some small employers that want to claim the Small Business Health Care Tax Credit for 2017 and later years. The Small Business Health Care Tax Credit is supposed to help small employers that offer health insurance to employees under the Affordable Care Act. The […]
The Internal Revenue Service and the Treasury Department are asking the public to recommend items that should be included on their 2018-19 Priority Guidance Plan, with the expectation that the new tax law will be at the top of the list. In Notice 2018-43, which the Treasury and the IRS issued Friday, they pointed out […]
A congressional chaplain who was forced to resign last week by House Speaker Paul Ryan, R-Wis., reportedly ran into trouble with Republican lawmakers in part because of a prayer he gave last fall while Congress was deliberating over the tax reform law. House Chaplain Patrick Conroy’s dismissal has led to controversy in recent days after […]
PPG, a Pittsburgh-based paint manufacturer, said Friday it plans to book between $80 million and $85 million in restructuring costs and lay off approximately 1,100 employees, a week after the company revealed it’s probing an accounting problem that had been uncovered through an internal reporting system. “As PPG’s earnings release was being finalized, the company […]
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