Here are some of the latest and hottest news in the accounting industry today. The IRS’s Somber Predictions for the 2022 Tax Filing Season Not long ago, the Internal Revenue Service appeared to be on the mend (IRS). With Democrats in control of Congress and the Presidency, it appeared as though budgeting for the IRS…
Several companies create a Google company listing to increase their exposure on Google, also known as a Business Profile. If you are a business owner, you might not know that creating a Business Profile does not grant you control over it. You will need some management and editing skills if you want your Business Profile…
Accounting is both an art and a science, but it may not be considered an exact science since it is constantly evolving. Because of its importance in the decision-making process of every business, accounting standards are constantly improved and updated. Organizations need to sustain an awareness of these updates, find out what is effective and…
An essential aspect of any organization is perhaps the cash that comes in and the cash that goes out every single day. That is why accounting, though overlooked most of the time, is one of the most important processes when running a business. That makes accountants one of the most indispensable assets of a company….
The buzz about 5G has been slowly building for a few years, and it seems like everyone is raving about its potential. While it is true that its full implementation is moving at a snail’s pace, it is finally here and is spreading quickly across the planet like wildfire. Business experts, as well as techies,…
What have we learned after a year of great difficulties and economic upheaval? We all want to know more about what small businesses have learned from the past and how we will implement those lessons in the future The biggest problem in 2020 was not COVID; it was the chaos that COVID generated. We also…
The way people run their businesses continues to change over the years, and as this happens, so does the need for accounting to evolve. Accountants face a long list of issues, and it is essential to focus on ways to eliminate them. Still, despite the improvements made in the past, the accounting industry faces many…
Running a business can be overwhelming, but that does not mean you should lose sight of your financial results. After all, it is not just passion and ideas that drive your business. Money is the fuel that keeps it going. Believe it or not, one of the things business owners tend to overlook is the…
Businesses are involved in various daily activities, among which is accounting. Simply put, organizations cannot operate successfully without an accounting staff. The question is whether to hire the team in-house or outsource the work. A business needs help from a qualified and experienced auditor or accountant so that all financial undertakings of the company are…
Among the few industries that continued to thrive during the pandemic is Business Outsource Processing. While multinational companies tried to cut down on costs by eliminating unnecessary spending, they continued to invest in outsourcing. This continued growth is a testament to how companies perceive the value provided by the BPO sector. As BPO companies continue…
