Small Business
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
New Guidance on PPP Loans from Treasury and SBA
The U.S. Small Business Administration and Treasury Department have issued new and revised guidance for the Paycheck Protection Program. This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5, 2020, and expands eligibility for businesses with owners who have past felony convictions. To implement the PPPFA, […]
56% of Businesses Surveyed Sought PPP Funds
Some 56 percent of business executives said their companies had sought relief funds through the Paycheck Protection Program (PPP), a $660 billion initiative under the CARES Act designed to protect small businesses and their employees...
World Bank Predicts Worst Recession Since WWII
Global gross domestic product will probably shrink 5.2% in 2020, the Washington-based development organization said in its semi-annual Global Economic Prospects report Monday. Emerging and developing economies will shrink 2.5%...
AICPA Offers Guidance on Business Valuations During Covid-19
The set of questions address provisions professionals should consider when evaluating businesses that received funding or support under one of the CARES Act provisions. Specifically, it offers insight related to tax law changes ...
Small Businesses Urged to Apply for PPP Loans Under PPP Flexibility Act
The PPP Flexibility Act is a critical, positive step for small business and the nation’s economy. AICPA applauds Congress for its strong, bipartisan commitment to small businesses and their great need for flexibility in using PPP funds.
Covid Recession: Business Execs Have Dim Outlook for Next 12 Months
Companies have cut their profit and sales outlooks significantly in response to stay-at-home restrictions and other pandemic-related impacts. Business executives now expect revenue to shrink five percent over the next 12 months, a swing from ...
How Businesses Can Adjust Their Payment Strategies Around Coronavirus
Companies have to find ways to keep people safe while executing paper-based processes that keep their teams office-bound. For example, many companies still have to go into the office to pick up mail, circulate invoices for approval, and ...
Coronavirus Results in Increase in First-Time Online Shoppers
Acquiring new customers is an ongoing goal for merchants. However, Lourenco cautions that unless sellers and fraud-prevention professionals adjust their rules and algorithms, they risk turning away these new shoppers by mistake.