Accounting Heritage Group

05/29/2020

PPP Loan Forgiveness Update: The U.S. House approved legislation Thursday making it easier for small businesses and other recipients of Paycheck Protection Program (PPP) funding to qualify for forgiveness of the loans.

The US House passed a bill that would relax some of the requirements that Paycheck Protection Program fund recipients need to fulfill to qualify for forgiveness from their loans.

04/12/2020

The Paycheck Protection Program is the crown jewel of the CARES Act. The CARES Act allocates $349 billion to the PPP loan initiative in an effort to stabilize small businesses during the COVID-19 outbreak. Here are five things that borrowers need to do after receiving their loan.

03/25/2020

In Notice 2020-18 (PDF), the Treasury Department and the Internal Revenue Service (IRS) announced special Federal income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency. Below are answers to frequently asked questions related to the relie...

03/10/2020

Merchants who lose customer data face a long and expensive struggle to earn back customers’ trust. Here's how to improve cybersecurity at your company.

06/21/2019

SBE Council CEO Karen Kerrigan and Fox News contributor John Layfield on the state of the markets.

06/13/2019

Arlington County's home prices are projected to rise 17.2 percent by the end of 2019.

05/05/2019

National Small Business Week!
Tips, Trends and Market Intelligence for Entrepreneurs

Happy Small Business Week 2019! At SBE Council, we celebrate entrepreneurs and small businesses every day, but it is nice to see a week dedicated to celebrating the importance of small businesses to the economy, and the many contributions of entrepreneurs.

03/04/2019

This particular announcement between Amex and Bill.com, appearing in OA online, is simply another approach. This actually follows on the heels

02/13/2019

Just in time for tax season, get an updated summary of Publication 535 and how the qualified business income deduction affects your clients’ taxes for tax year 2018.

12/23/2018

Tax Accounting Humor Friday

12/05/2018

What is Balance Sheet Analysis? Balance sheet analysis can give you insights into your small business’s assets, use of capital, risk of bankruptcy, and ability to grow in the future

You may have your small business’s balance sheet, but do you analyze it regularly? If not, you should. Balance sheet analysis can give you insights into your small business’s assets, use of capital, risk of bankruptcy, and ability to grow in the future. A recent survey found that 21% of business...

10/29/2018

How To Keep Nonprofits Protected, Preserved, And Positioned for Growth

10/03/2018

Suggestions for getting prepared for completing an application for small business loan

Before you fill out your online small business loan application, Here's a checklist of items and qualifications you may need to have ready.

10/02/2018

A sales analysis report can help uncover invaluable information that can help you decide whether to adjust prices, change your product or services, or even create new ones.

06/30/2018

IRS and Treasury preview postcard-size Form 1040

Secretary Mnuchin About the Secretary Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. As Secretary of the Treasury, Mr. Mnuchin is responsible for the executive branch agency whose mission is to maintain a strong economy, foster economic growth, and cre...

04/24/2018

What does accounting automation mean to your accounting business? From one perspective, you might mourn the loss of business related to simple accounting that your clients can now handle on their own thanks to automation. No longer are most business clients in need of basic services such as data ent...

04/03/2018

Centralized toll-free number for the EPSS e-help Desk ~ assistors are ready to respond to questions and issues concerning e-products.

03/14/2018

Deduction changes are coming for meals and entertainment, business automobiles, mortgage interest, alimony and medical expenses.

03/06/2018

Ability to expense significant portion of building projects introduced by the Tax Cuts and Jobs Act should heighten demand for cost segregation professionals. How do you sort out who is qualified?

03/01/2018

The Internal Revenue Service (IRS) has released an updated Withholding Calculator and form W-4 which reflect changes under the new tax law.

02/25/2018

In this 4-part series, help your clients with bank feeds in QuickBooks Online; part 4 focuses on matching transactions.

02/22/2018

The American Institute of CPAs is sending an urgent request to the Internal Revenue Service and the Treasury Department, asking for “immediate guidance” on the definition of the term “qualified business income” for pass-through entities under the new tax law.

01/26/2018

From acquisitions and equipment purchases to stock buybacks, firms are rapidly recalibrating their business plans in the wake of the corporate-tax overhaul. Specialty drugmaker Amicus Therapeutics, for one, has decided to build a new production facility in the U.S. instead of Europe.

01/25/2018

The world's largest coffee chain also said it will give shop employees a grant of at least $500 and store managers $2,000 grants.

01/11/2018

The Internal Revenue Service (IRS) has updated the income-tax withholding tables for 2018 to reflect changes made by the new tax law. The updated tables reflect the new rates for employers to use during the 2018 tax year. Here's what you need to know.

01/09/2018

This infographic dives deep into the company's focus on customers, as well as its massive growth. In addition, it breaks down how Amazon makes money.