Remove CPA Remove international accounting standards Remove payroll tax Remove Tax
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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

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Startup Accounting Guide: Everything You Need to Know in 2022

Accounting Seed

A separate bank account, separate credit card, and separate financial flows will simplify business expense tracking and taxes without worrying whether that minor repair bill was for work or the office. If your business succeeds, eventually you’ll find you have many accounts to manage. In some cases, an accountant is mandatory.