by aldariscpa_admin | Dec 13, 2020 | Auditing
Today we are going to be discussing what the chances are of getting audited by the IRS. The probability of you getting audited, it’s really dictated by three factors. The first factor is your income level. The second factor, it’s going to be the types of...
by aldariscpa_admin | Nov 24, 2020 | Small Business
The economic impacts of the COVID-19 pandemic have been particularly felt by small businesses. The government responded by allowing business owners to apply for small business loans through the Paycheck Protection Program. The deadline to apply for a PPP loan was...
by aldariscpa_admin | Oct 28, 2020 | Small Business
There’s no doubt about the fact that the impact of the COVID – 19 outbreak is getting worse for all of us. The outbreak not only affected our physical and mental health but also did considerable damage to our economy. Worldwide, the common masses are suffering...
by aldariscpa_admin | Aug 13, 2020 | Accounting News
Accountants follow standards and procedures that various governing bodies keep track of and maintain. These organizations include the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA). Government agencies...
by aldariscpa_admin | Aug 3, 2020 | Small Business
Small businesses are one of the main driving forces of the U.S. economy. According to the Small Businesses Administration, these businesses contribute as much as 44 percent of the U.S. economic activity. They also create the majority of new jobs across the...
by aldariscpa_admin | Jul 29, 2020 | Accounting News, Personal Finances
COVID-19 is one of the most economically and socially damaging disasters in recent decades. It has forced the government to take drastic measures to save as many lives as possible. One of these measures is the partial or complete shutdown of many industries. CPA...
by aldariscpa_admin | Jul 20, 2020 | Accounting News, Small Business
The Covid-19 pandemic may just be one of the worst economic disasters the US has faced in recent decades. It has been seven months after the very first Covid-19 case in the United States. Hence, many are asking, “are we ready to reopen the economy, now?”...
by aldariscpa_admin | Jul 13, 2020 | Accounting News, Tax Deductions, Tax Preparation
According to the US Bureau of Transportation Statistics, as of 2018, at least 3.1 million automobiles and trucks ply across the country for business purposes. This vast number shows the importance of these vehicles for businesses and the economy. It provides them with...
by aldariscpa_admin | Jul 8, 2020 | Accounting News, Small Business, Tax Preparation
Benjamin Franklin once said, “There were only two things certain in life: death and taxes.” This quote has never been more valid than this 2020. This year has been a rough for everyone. From the richest to the poorest, COVID-19 has affected us all in more ways than...
by aldariscpa_admin | Jun 28, 2020 | Accounting News, Small Business
As states across the US are starting to reopen, the Payment Protection Program has been a saving grace to thousands of businesses. It has helped prevent a full-scale employment crisis across the country as companies could continue paying employee wages. Top Accounting...
