Author Archive

Contract Accounting Becoming Hot Option

/ December 8th, 2010 / No Comments »

Everyone knows the accounting industry for the stigma of being outdated and having a reluctance to change. This is why accountants take the brunt of jokes like “Why did the accountant cross the road?  Because that’s what he did last

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Impossible Tax Planning

/ November 11th, 2010 / No Comments »

Here is another great post from CafeTax by Joe Arsenault.  It is about how there are so many difficulties in planning your 2010 and 2011 taxes with no definitive changes or pronouncements of the extension or retirement of the Bush

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Small businesses showed slight gains in October

/ November 8th, 2010 / No Comments »

Small businesses increased their payrolls by 0.2% last month, an annualized growth rate for small-business employment of 2.7%, according to Intuit’s latest Small Business Employment Index. Meanwhile, average total pay increased by 0.3% to about $2,600 per month, and hours

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New Sec. 179 Rules Have Pleasant Surprise

/ October 26th, 2010 / No Comments »

Found this post on Cafe Tax today about Section 179 depreciation.  This is great news for small businesses as it encourages them purchase capital assets by allowing them to fully or nearly expense the entire purchase price in the current year.

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Small Businesses Still Not Getting Loans

/ October 20th, 2010 / No Comments »

A new study by the Federal Reserve Bank of New York found that many small businesses are still being denied access to credit by lenders.  The poll of small businesses in the region found that 59 percent of the respondents

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Small Business Owners See Cash Flow Improve

/ September 29th, 2010 / No Comments »

A three-month slide in small business confidence ended in September, driven in part by fewer small business owners reporting cash flow issues than they did in August, according to a new survey. The Discover Small Business Watch monthly index of

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