Companies like Ebay, Paypal, Venmo, CashApp, and many others are still sending IRS form 1099-K for transactions over $600 even though the IRS issued guidance in December that the new IRS 1099-K rules were postponed for one year.

I’m hearing many reports that these companies and payment settlemen...

The Balance Sheet is arguably the most important financial statement that you need to know about. It’s my personal favorite, if there is such a thing.

While your bookkeeper or accountant is trained to read the financial statements, many small business owners are not, and that’s why I’m writing t...

Today, I wanted to talk about the outlook of the accounting profession. According to the Wall Street Journal, 300,000 U.S. accountants and auditors have left their jobs in the past two years, that’s a 17% decline.

Are the accounting & tax professions dying like some say? Is it too difficult to ...