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• House Passes Small Business Financing Act

  October 30, 2009

  The House overwhelmingly approved legislation to reform small business lending and spur job creation.

• Obama Moves to Expand Small-Business Lending

  October 21, 2009

  President Barack Obama has announced a set of initiatives aimed at kick-starting the market for small-business loans.

• Crowe Horwath Offers Stimulus Spending Tracker

  October 15, 2009

  Accounting firm Crowe Horwath has created a Web-based system to help state and local agencies that receive federal funding from the economic stimulus package comply with the complex reporting requirements.

• Legislation Would Extend Temporary SBA Programs

  September 23, 2009

  Rep. Nydia Velázquez, D-N.Y., chair of the House Committee on Small Business, has proposed legislation to extend several expiring Small Business Administration lending programs.

• House Passes Bill on TARP Spending and Small Business

  September 16, 2009

  The House has passed a bill to examine the impact of the bank bailout on lending to small businesses.

• Improving Access to Government Data on the Web

  September 15, 2009

  On September 4, the President took another important step toward a more open and transparent government by announcing a new policy to voluntarily disclose White House visitor access records.

• SBA Offers Online Federal Contract Course

  September 2, 2009

  The U.S. Small Business Administration has introduced an online training course to help more small businesses get federal contracts.

• Small Businesses Worry about Energy Tax Breaks

  August 26, 2009

  A House subcommittee heard from a panel of small business owners concerned about the disappearance of popular tax deductions at a hearing in Tulsa, Okla., during the congressional recess.

• Deadline Nears for Small Biz Stimulus Tax Breaks

  August 19, 2009

  The IRS said that time is running out for many small businesses that wish to take advantage of the tax breaks in the stimulus bill.

• More Stimulus Contracts to Go to Small Businesses

  August 19, 2009

  The Small Business Administration and the Commerce Department plan to offer more federal contracts to small businesses, but a small business advocacy group is skeptical.

• House Gauges Small Businesses’ Access to Capital

  August 7, 2009

  The House Small Business Committee heard testimony from small business owners about their ability to obtain SBA-backed financing.

• SBA Needs to Improve Disaster Loan Program

  July 29, 2009

  The U.S. Small Business Administration needs to take additional steps to reform its disaster loan program and improve the application process, recommends a new report.

• Velázquez Asks for Small Business Changes in Health Bill

  July 28, 2009

  House Committee on Small Business chairwoman Nydia Velázquez, D-N.Y., has written to the chairmen of two other House committees asking for changes in health care reform legislation to reduce the burden on small businesses.

• Stimulus Tax Breaks Helped Some Small Businesses

  July 16, 2009

  Small-business owners and industry representatives told a House committee that the tax breaks in the stimulus package passed by Congress in February have helped some companies.

• Senate Reauthorizes Small Business Tech Financing

  July 15, 2009

  The Senate has voted unanimously to reauthorize the Small Business Innovation Research and Small Business Technology Transfer programs for eight more years and make several changes in the programs that provide monetary awards to small businesses.

• Small Businesses Want R&D Tax Credit Extended

  July 9, 2009

  Entrepreneurs urged lawmakers to extend the research and development tax credit at a House subcommittee hearing Thursday.

• Grassley Introduces Small Business Tax Relief Act

  July 2, 2009

  Sen. Charles Grassley, R-Iowa, has introduced a bill to lower the tax burden on small businesses.

• Law Proposed to Ease Home Office Tax Deduction

  June 25, 2009

  Proposed legislation would make it easier for small businesses to qualify for the home office tax deduction.

• SBA Introduces New Small Business Loans

  June 17, 2009

  The Small Business Administration has begun offering interest-free loans of up to $35,000 to small businesses through SBA-approved lenders.

• Bill Introduced to Restrict Small Business Contracting

  May 26, 2009

  Rep. Hank Johnson, D-Ga., has introduced a bill that would ensure that small business government contracts go only to small businesses instead of the subsidiaries of large companies.

• IRS Marks Small Business Week with Tax Breaks

  May 20, 2009

  The Internal Revenue Service commemorated Small Business Week this week by calling attention to some recently enacted tax breaks for small businesses.

• Cash Reporting in Developing Countries Questioned

  May 12, 2009

  The International Public Sector Accounting Standards Board wants to know more about how government accountants in developing countries are using cash-basis reporting.

• Guidance Issued for Government Acquisitions of Businesses

  May 8, 2009

  The International Public Sector Accounting Standards Board has proposed new guidance to deal with the wave of government takeovers of private businesses.

• They need help!

  April 19, 2009

  It's safe to say there hasn't been a time in recent history when small-business owners needed guidance from their accountants as much as they do now. It's becoming clear that for all their knowledge and energy, most entrepreneurs can't go it alone in these difficult times

• PCAOB Plans Small Business Audit Forums

  April 7, 2009

  The Public Company Accounting Oversight Board has scheduled a series of forums around the country on auditing in the small business environment.

• Protecting businesses from fraud

  April 5, 2009

  As the economy continues its downturn and the financial pressure on business increases, the risk of fraud becomes higher than ever.

• Congress to IRS: Go Easy on Small Biz

  April 2, 2009

  Lawmakers at a congressional hearing Wednesday pressed Internal Revenue Service Commissioner Douglas Shulman to ease up on audits of small businesses.

• GAO: SBA Program Fraught with Poor Controls, Abuse

  March 26, 2009

  A searing report from the Government Accountability Office has charged the Small Business Administration with poor controls and oversight that resulted in a number of companies receiving undeserved funds from a program designed to boost

• Small Businesses in Crisis Turn to Accountants

  March 19, 2009

  The economic crisis is prompting more and more small-business owners to turn to their accountants for advice, according to a new survey.

• Small business to face closer audit scrutiny

  March 15, 2009

  The nation's small businesses are squarely in Washington's crosshairs - targeted for more rigorous, more painful scrutiny by both federal tax enforcement officials and the nation's auditing standard-setters.

• Treasury Tries to Jumpstart Small-Business Lending

  March 16, 2009

  President Barack Obama and Treasury Secretary Timothy Geithner unveiled a new effort aimed at unlocking the tight credit market for small businesses.

• Intuit Says Small Biz Must Innovate

  March 16, 2009

  Intuit said that small businesses will need to innovate in order to succeed over the next decade, in a new report that is the first in a new series of research studies on the future of small business.

• Private Sector Loses 697,000 Jobs

  March 4, 2009

  Private sector employment decreased by nearly 700,000 in February, according to the latest report from payroll giant ADP.

• These Ladies Are Savvy

  February 27, 2009

  Although admittedly many people look upon January 1st as the trigger-point for resolutions, an organization known as Savvy Ladies figures that April 15th is really the better date.

• Schenck Forms Financial Crisis Team

  February 20, 2009

  Regional accounting firm Schenck Business Solutions has created a Financial Crisis Response Team to help companies challenged by the recession.

• Small Business Owners Can Get Free Tax Prep

  February 12, 2009

  Online bookkeeping service IAC-EZ is offering one month's free use of its online software and free tax filing for a few lucky small business entrepreneurs.

• Geithner Outlines Financial Stability Plan

  February 10, 2009

  Treasury Secretary Timothy Geithner spelled out plans for how the government will spend trillions of dollars to deal with unfreezing credit and taking troubled assets off the books of financial institutions.

• Online Bookkeeping Service Gets $2 Million in Funding

  February 10, 2009

  Outright.com, an online bookkeeping service aimed at self-employed small businesses, has snagged $2 million in seed funding.

• DeLeon & Stang Acquires Falk

  February 5, 2009

  Accounting firm DeLeon & Stang has acquired Daniel G. Falk & Associates, expanding its service offerings.

• Payroll Report Shows 522,000 Jobs Lost in January

  February 4, 2009

  Private sector employers slashed 522,000 jobs last month, according to the latest report by payroll giant ADP.

• Firm Offers Turnaround Services to Small Businesses

  February 4, 2009

  Accounting firm Barfield Murphy Shank & Smith has formed a group to help restructure struggling small companies.

• Small Business Owners Adjust to Economy

  February 4, 2009

  A survey of small business owners showed signs that some are less worried about the economy than they were three months ago.

• Wiss Forms Economic Recovery Team

  February 2, 2009

  Accounting firm Wiss & Co. has created an economic advisory group to help business owners and executives deal with the recession.

• Help Small Businesses Create a Contingency Plan

  February 1, 2009

  Action is the best answer for small businesses caught in the current economy.

• PCAOB Offers Guidance on Auditing Small Companies

  January 29, 2009

  The Public Company Accounting Oversight Board has published guidance to help auditors apply Auditing Standard No. 5 to audits of internal controls at smaller public companies.

• Open a new business? Now? Starting a business in a recession offers opportunities

  January 26, 2009

  Often, the monotony of punching a clock as someone else's employee leads to daydreams of starting a business and being your own boss. In rough economic times, those daydreams may never pass beyond imagination.

• Firm Organizes Task Force for Troubled Economy

  January 23, 2009

  Accounting firm Wipfli has created a task force to help companies cope with the financial crisis.

• Geithner Quizzed on TARP and Taxes

  January 22, 2009

  Treasury Secretary-designate Timothy Geithner apologized for his tax mistakes and promised reforms of both tax policy and the controversial Troubled Assets Relief Program during a confirmation hearing.

• "New" Alternatives to Layoffs

  January 13, 2009

  Strategies that don't impact the quality of the client's services and/or products, nor cause a staff reduction.

• Kansas Enhances Small Business Site

  January 8, 2009

  The Kansas Small Business Development Center has launched an enhanced Web site.

• Small Business Lender in LA Receives $16 Million

  January 8, 2009

  Southern California lender Valley Economic Development Center said it has received a $16 million infusion after it almost ran out of money to lend to small businesses.

• SBA Expands Inner City Business Program

  January 8, 2009

  The U.S. Small Business Administration plans to expand its Emerging 200 initiative, which supports inner-city small businesses, to five more cities in the spring.

• Private Sector Cut 693,000 Jobs in December

  January 8, 2009

  Payroll-processing giant ADP reported that private sector employment fell by 693,000 in December.

• Sustaining Innovation Remains Key

  January 1, 2009

  Companies are adept at generating innovative ideas but less effective at turning those ideas into reality, according to a recent survey by Towers Perrin, a global professional services firm that helps organizations improve performance.

• 'Virtual Assistants'

  January 1, 2009

  As the recession cuts into the number of assistants, virtual assistants (VAs) may be one answer.

• Outside the Box: Gift-Giving Tip for Clients

  January 1, 2009

  Accounting firms have long made use of mailed, timely reminders, such as organizers mailed before tax season.

• Web Tools

  January 1, 2009

  RetailMeNot offers a scissors-free bargain bin of online and print coupons, as well as coupon codes, weighted toward general consumer retail but also searchable by business terms dear to firms.

• Imparting Small-Business Services Enhancements

  January 1, 2009

  The right advisor can mean the world to a small-business owner. Here's how firms are expanding varied services to these prized clients.

• Beyond Bean Counting to Proactivity

  January 1, 2009

  To Selwyn Gerber, managing partner of Los Angeles-based Gerber & Co., the focus of his firm is on helping make a business more profitable, by tightening controls, and improving information flow.

• Financial Crisis Proactivity

  December 23, 2008

  I have also come across a number of firms that have put together financial crisis teams to consult with clients.

• Citrin Cooperman Builds Small Business Services

  December 23, 2008

  Accounting firm Citrin Cooperman has added a "Growth & Protection Team" to provide business consulting services to small and midsized businesses.

• Obama Picks VC to Lead SBA

  December 22, 2008

  President-elect Barack Obama has named venture capitalist Karen Mills to lead the Small Business Administration, drawing fire from one small business group.

• NFIB Lobbies for Payroll Hike "Holiday"

  December 16, 2008

  The National Federation of Independent Business, a small business advocacy group based here, is calling on Congress to pass a six-month payroll tax holiday as part of any economic stimulus package that would be considered in the upcoming weeks.

• World Accounting Leaders Address Credit Crisis

  December 11, 2008

  To mark World Accountancy Week, the International Federation of Accountants has released the results a survey that sought the views of leaders of accounting institutes worldwide on the current credit crisis and other top issues for the profession.

• Tweedie Says FASB Will Always Play a Role

  December 11, 2008

  International Accounting Standards Board Chairman Sir David Tweedie said that the U.S. Financial Accounting Standards Board would still continue to play an important role in the standard-setting process, even after the transition to International Financial Reporting Standards in the U.S.

• Obama Drops Windfall Profits Tax

  December 4, 2008

  President-elect Barack Obama has quietly dropped his original proposal for a windfall profits tax on oil companies, according to a spokesperson.

• 250,000 Private Sector Jobs Lost in November

  December 4, 2008

  Employment in the private sector fell by 250,000 in November, according to the latest monthly report by payroll processor ADP.

• Man Indicted for Ramming IRS Building

  December 2, 2008

  A federal grand jury has indicted a man after he crashed a motor vehicle twice into the side of a building that contains the offices of both the Internal Revenue Service and the Small Business Administration.

• For Whom Are These Tough Times?

  December 1, 2008

  Businesses are, and will be, making many more very difficult decisions as a result of this extended, and continued financial and economic crisis.

• Helping Clients Through The Crisis

  December 1, 2008

  The AICPA Private Companies Practice Section (PCPS) has created a letter that practitioners can send to clients with advice on surviving the credit crisis.

• Need to Stay Focused

  December 1, 2008

  Staying focused amid chaos can help business leaders not only survive but thrive.

• Recession-Proof Valuation Engagements

  December 1, 2008

  Tough economic times, a new president, and a focus on fair value accounting will increase the demand.

• Group Charges Obama Is Backtracking from Tax Promises

  November 26, 2008

  A small business advocacy group is accusing President-elect Barack Obama of backing away from his campaign promises before he even takes office.

• Reno Firm Aims to Help Small Businesses in Crisis

  November 21, 2008

  Rand & Associates has launched a program aimed at helping small businesses weather the financial crisis.

• MYOB Upgrades Premier Accounting

  November 21, 2008

  MYOB has released the 2009 version of its MYOB Premier Accounting software, with extra payroll, security, search, print and spell check features for small businesses.

• Bruce Jenner Runs with the Accountants

  November 20, 2008

  What better way to kick-start a customer conference in a lagging economy than to present an Olympic gold medalist as your keynote speaker?

• Bailout Funds Not Coming to Small Businesses

  November 20, 2008

  The House Small Business Committee convened a hearing on the financial rescue program and found that $1.6 trillion in bailout funds have provided little assistance to small businesses so far.

• Free Webcast: Servicing the Small Business Taxpayer

  November 19, 2008

  The past year has seen an unprecedented amount of new tax legislation and regulations affecting business taxpayers.

• Free Webcast: Servicing the Small Business Taxpayer

  November 17, 2008

  The past year has seen an unprecedented amount of new tax legislation and regulations affecting business taxpayers.

• FEI Lobbies Congress for SMB Relief

  November 14, 2008

  Financial Executives International has written to House and Senate Leaders urging lawmakers to consider relief for small and closely held business in the event of any future stimulus packages.

Related Articles

• House Passes Small Business Financing Act

• Obama Moves to Expand Small-Business Lending

• Crowe Horwath Offers Stimulus Spending Tracker

• Legislation Would Extend Temporary SBA Programs

• House Passes Bill on TARP Spending and Small Business

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