by Edwin del Carpio | Aug 13, 2020 | Accounting News
Accountants follow standards and procedures that various governing bodies keep track of and maintain. These organizations include the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA). Government agencies... by Edwin del Carpio | Jul 29, 2020 | Accounting News, Personal Finances
COVID-19 is one of the most economically and socially damaging disasters in recent decades. It has forced the government to take drastic measures to save as many lives as possible. One of these measures is the partial or complete shutdown of many industries. CPA... by Edwin del Carpio | Jul 20, 2020 | Small Business, Accounting News
The Covid-19 pandemic may just be one of the worst economic disasters the US has faced in recent decades. It has been seven months after the very first Covid-19 case in the United States. Hence, many are asking, “are we ready to reopen the economy, now?”... by Edwin del Carpio | Jul 13, 2020 | Accounting News, Tax Deductions, Tax Preparation
According to the US Bureau of Transportation Statistics, as of 2018, at least 3.1 million automobiles and trucks ply across the country for business purposes. This vast number shows the importance of these vehicles for businesses and the economy. It provides them with... by Edwin del Carpio | Jul 8, 2020 | Small Business, Accounting News, Tax Preparation
Benjamin Franklin once said, “There were only two things certain in life: death and taxes.” This quote has never been more valid than this 2020. This year has been a rough for everyone. From the richest to the poorest, COVID-19 has affected us all in more ways than... by Edwin del Carpio | Jun 28, 2020 | Small Business, Accounting News
As states across the US are starting to reopen, the Payment Protection Program has been a saving grace to thousands of businesses. It has helped prevent a full-scale employment crisis across the country as companies could continue paying employee wages. Top Accounting...