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To launch SME Accounting Service Deloitte Invests £2.5m

Propel offers clients a full bookkeeping and accounting service on a monthly subscription. The company’s data is then fed into a bespoke dashboard to give a real-time view of their financial performance. Deloitte says the dashboard allows companies to monitor key metrics such as business growth, gross profit and sales by day. It also analyses […]

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Three Sentenced In Tax Fraud Scheme

ALBANY – Three people were sentenced for conspiring to defraud the United States and filing fraudulent tax returns. Complete Financial Accounting Services owner and operator Carmen Gentile, 54, of Amsterdam was sentenced to five years of probation, a $10,000 fine, and an order to pay restitution to the United States. Angela Witzke, 40, of Amsterdam […]

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Accounting Is Not The Same As Keeping Books

Cash flow and accountability are what makes or breaks many small businesses. Accurate recordings of transactions, along with proper assessment and processing, give small-business owners a firm base on which to make decisions and create opportunities for growth. Understanding and recording the sales, expenses and other basic business financials should be easy enough for small-business […]

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Nonfarm Payroll Jobs Increase By 15,200

California’s unemployment rate decreased to 5.2 percent in May, and nonfarm payroll jobs increased by 15,200 during the month for a total gain of 2,220,600 jobs since the recovery began in February 2010, according to data released today by the California Employment Development Department (EDD) from two separate surveys. The U.S. unemployment rate was 4.7 […]

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Hillary Admits To Faulty Bookkeeping At Foundation

Hillary Clinton admitted that there were a few instances of improper disclosures of donations to the Clinton Foundation while she was secretary of state. In an interview with CNN’s Anderson Cooper on Wednesday, Clinton said, “We had absolutely overwhelming disclosure. Were there one or two instances that slipped through the cracks? Yes. But was the […]

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Alibaba Facing SEC Investigation Over Accounting Practices

Alibaba Group Holding Ltd. fell the most in four months after the e-commerce giant said it’s being investigated by the U.S. Securities and Exchange Commission over its accounting practices and whether they violate federal laws. The regulator is looking at data reported from the company’s Singles’ Day promotion, Alibaba’s biggest shopping day, and how Alibaba […]

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How to Choose Between Free and Paid Small Business Accounting Software

As your company matures, it’s important to determine whether or not you need a software upgrade to streamline business processes. This is particularly true in saturated industries. If dozens of reliable partners are available to meet your needs, how do you determine who to choose, how much to spend, and whether or not your choice […]

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Top Reasons to Hire a Payroll Outsourcing Company

There are many companies worldwide who don’t want to invest their time and energy in payroll management. For them payroll outsourcing seems to be the perfect solution. Let’s have a quick look at the top reasons why businesses turn to payroll-services providers. To save cost Although large enterprises can afford to maintain big payroll departments, […]

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Defendant’s Tax Returns Presented As Evidence In Columbus Tax Fraud Trial

The Georgia Department of Revenue testified Tuesday morning against a Columbus couple on trial for allegedly falsifying documents in more than 2,000 tax returns to the tune of $2 million. The Department of Revenue presented the 2012 taxes of one of the defendants and pointed out the fact that there was a substantial amount of […]

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Top Accounting Software 2016 Group Test

Accounting software used to be one of the most annoying product categories on the planet. Not only was the software hard to use, forcing many small business owners to hire book-keepers and accountants in order to make sure everything balanced at the end of the month and spend hours typing invoices, the costs were high […]

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