by aldariscpa_admin | Apr 27, 2020 | Accounting News, Small Business
The COVID-19 has impacted the United States economy in extraordinary ways. Since the start of the pandemic, the Department of Labor has recorded at least 26 million Americans filing for unemployment. One of the most common reasons for businesses to let go of employees...
by aldariscpa_admin | Apr 19, 2020 | Accounting News, Tax Deductions, Tax Preparation
The current COVID-19 pandemic has shown the importance of sick leaves for employees and employers alike. It has also started debates on the viability of requiring employers to provide a set number of paid sick leaves annually. In this article, we will focus on the...
by aldariscpa_admin | Apr 7, 2020 | Accounting Industry, Small Business
The current COVID-19 pandemic highlights the vulnerabilities in the United States’ business sector. With the current lockdown in place, it shows how massive our economy can plunge when almost all establishments shut down. This problem shows us that preparation is key,...
by aldariscpa_admin | Apr 6, 2020 | Accounting News
On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act, commonly known as the CARES Act, the largest funding bill in the history of the United States. The CARES Act provides immediate, substantial relief to employees...
by aldariscpa_admin | Mar 25, 2020 | Accounting Industry
Accounting has always been a fluid profession. For this reason, I prefer to call it more of an art than an exact science. Just this Wednesday, the Internal Revenue Service plans to apply new rules on the withholding of individual wages. This announcement is part of a...