The Small Business Administration (SBA) issued two rules to help companies in the information technology (IT) and testing laboratory industries qualify for contracting opportunities and federal assistance ( www.sba.gov/news/04-03.pdf ). The SBA expects the changes, which affect limitations on revenue and number of employees, to benefit more than 1,700 small IT businesses and 120 testing laboratories that previously were ineligible for SBA help.
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IRS sets start date for tax seasonThe IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.
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Why CPAs can’t wait on automation toolsWhat do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.