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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright.

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How Should a Small Business Owner Plan for Rising Taxes?

CPA Practice

As a certified public accountant, I’m flattered that we’re consulted for a growing range of business needs, including rising taxes. But with the increasing complexity of modern business and regulations, and a worsening shortage of CPAs, the truth is that small business accountants rarely help clients optimize their tax strategies.

Tax 104
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Scotiabank, Royal Bank of Canada Shutter Marijuana SMB Accounts

PYMNTS

. “We consider our stringent risk management practices a key strength of our business,” said a spokesperson for Scotiabank on the decision to close marijuana SME bank accounts. Government officials have also been working with Colorado and Washington in the U.S.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

According to reports, 2nd Address said it will use the funds to improve its technology and expand into new cities beyond its existing markets in California, New York City, Chicago and Washington, D.C. million in new funding from DGF Investimentos for its small business financing solution, reports in Contxto said this week.

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PPP Loan Fraud is Out of Control! Case Investigations & EIDL Fraud

LyfeAccounting

Rudolph Brooks Jr, the pastor of Kingdom Tabernacle of Restoration Ministries in Washington DC, was arrested and accused of using PPP money to buy over 39 cars. Washington, DC 20416. Case Investigations & EIDL Fraud appeared first on Small Business Accounting & Finance Blog. Maybe Mark Zuckerberg?

Florida 71
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Tax-Free States? Pay No Income Tax in These 9 Tax-Friendly States!

LyfeAccounting

Washington. Let’s jump to the other side of the country and take a look at number six on our list, Washington, the Evergreen State. Washington is another popular choice for many people leaving the Bay Area and other high-tax states on the West coasts like Oregon. appeared first on Small Business Accounting & Finance Blog.

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SMBs’ Late Payments Pain Spreads Across Borders

PYMNTS

billion in late payments to small businesses is holding back Kenya’s economic growth , according to recent reports in The Washington Post. 17 billion in late payments are owed to South African SMBs, new data from small business accounting firm Xero revealed. For the nation’s estimated 2.5

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