Small Firm Lending Accelerated in 2007

The number of outstanding small business loans between $100,000 and $1 million increased by almost 32% between June 2006 and June 2007, according to the Office of Advocacy of the Small Business Administration.

The study, Small Business and Micro Business Lending in the United States for Data Years 2006–2007, found that the total number of small business loans (including those under $100,000) increased by 15% while the total dollar value of loans increased by about 8%.

All of these were higher rates of growth than over the June 2005 to June 2006 period.

Source:Office of Advocacy, SBA,


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.