Accounting
Five tips to improve small business cash flow
With spring in the air, it’s time for small business owners to review their balance sheets and find opportunities to improve the life blood of their business: cash flow. “Successful entrepreneurs know that while their business may be profitable, cash is still king when it comes to growing their enterprise,” said John Roberts, Vice President […]
IRS Admits Targeting Conservative Groups Before 2012 Election
In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.
April home foreclosures down 20% to lowest level since 2007
Fewer U.S. homes entered the foreclosure process or were repossessed last month, an indication the nation's foreclosure woes are waning. Nationally, home repossessions fell 20 percent in April from the previous month.
SEC charges Pennsylvania city with securities fraud
Federal regulators have accused fiscally beleaguered Harrisburg, Pa., of issuing misleading financial statements in what marks the second time just this year that a municipality or state has been charged with securities fraud.
New ‘Flex Reporting’ offers deeper financial insight for accounting & business management
Intacct has announced the availability of its new Intacct Flex Reporting, a set of capabilities that gives strategic finance teams the business insight to help guide their organizations to continued success.
Feds investigating former Dallas Cowboy for role in Ponzi scheme
Former Dallas Cowboy involved in $25 million Ponzi scheme
Auditor: Philadelphia charter school had longtime money woes
A Philadelphia School District auditor testified Monday about long-standing financial issues at a Kensington charter school during a district hearing to determine whether the school should remain open.
Online sales tax law passes Senate, but faces tests in Congress and Supreme Court
Small Businesses Celebrate Senate Passage of Marketplace Fairness Act