Breakaway, a startup company based in Portland, Oregon, is starting to build a network of accountants, bookkeepers and financial advisors who can act as virtual CFOs for small business clients. Original Article Posted at : https://www.accountingtoday.com/news/breakaway-signs-up-accountants-bookkeepers-and-advisors-as-virtual-cfos

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As businesses and employers make the sudden shift to agile working from home, how does this change their approach to maintaining their accounts? Original Article Posted at : https://www.accountingtoday.com/opinion/has-coronavirus-changed-bookkeeping-forever

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 BUSINESSADVERTISER DISCLOSURE From the kind of expenses you can – and can’t – deduct to the right rewards card to use to pay for deductible expenses, here’s everything you should know. by Rebecca Lake March 9, 2020 see original article at Creditcards.com Summary Claiming deductions can save your business money on your tax return, but you…

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Does the Tax Cuts and Jobs Act (TCJA) help you save money on your business deductions?  Many businesses were frustrated by changes in allowed dining and entertainment deductions.  Did you know there are proposed regulations addressing that elimination of deductions for entertainment, amusement or recreation activities related expenditures?  New guidance will be offered to determine whether…

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AcctServices.org reminds you of several common taxpayer errors that can impact your refund, and possibly your taxes, this year and beyond.  A quick check before filing can save you much pain later.  Here’s the list from the IRS of frequently received tax filing mistakes: Missing or Wrong Social Security Numbers, or EIN numbers.  Unless this…

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