34% of U.S. Small Businesses Have Been Hit by ... - CPA Practice …

Oct 4, 2015 · The American Sustainable Business Council says 57 percent of small businesses have no disaster recovery plan. As September is Disaster Preparedness Month, now is as good a time as any to start ...

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34% Of U.S. Small Businesses Have Been Hit By ... - CPA Practice …

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How Has The Pandemic Affected America's Small Businesses?

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May 5, 2021 · 99.9% of all businesses in the U.S. qualify as small businesses, collectively employing 47.3% of the nation’s private workforce. They've been one of the hardest-hit sectors …

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Small Businesses Are Worried – Your Firm Can Help - CPA.com

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Sep 17, 2024 · According to the National Federation of Independent Businesses (NFIB), 25% of small businesses say that inflation is the single most important problem they face in operating …

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A Cyber-attack Could Spell Disaster For Your CPA Firm

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As such, they’re primary targets for cybercrimes. Any size firm can fall victim. In fact, while more than half (55%) of all small businesses surveyed have already been the victim of a cyber …

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FAQs about 34% of U.S. Small Businesses Have Been Hit by ... - CPA Practice … Coupon?

How many small businesses are in the US?

In fact, 99.9% of all businesses in the U.S. qualify as small businesses, collectively employing almost half (47.3%) of the nation’s private workforce. Unfortunately, they’ve also been one of the hardest-hit sectors of the economy amid the pandemic. ...

Why is the IRS struggling to hire a CPA?

If you're a CPA, a shrinking pool of candidates could lead to heavier workloads and more aggressive recruiting. But for taxpayers, the talent crunch could mean reduced capacity at the IRS leading to longer processing times for tax-related matters. Here are some reasons why the accounting industry, and even the IRS, is struggling to hire. ...

Are IRS service issues a top concern for small and large firms?

IRS service issues are a top concern for firms small and large, according to results of the 2022 AICPA Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey. But those service issues are not the only concern. ...

Why is it so hard to find a reliable CPA?

For some, it’s been harder to find a reliable CPA in their area. Most glaring, the IRS has spent the past few years digging out of backlogs partly due to staffing-related problems. Though the tax agency announced plans to bring on 30,000 employees by 2026, it has struggled to meet those goals. Be a smarter, better informed investor. ...

Should CPAs work across state lines?

There are strong opinions on both sides of the debate. At the AICPA, Coffey emphasizes the importance of the rule for maintaining high standards and ensuring the ability of CPAs to work across state lines. ...

Is CPA Licensure a 'competency-based' hurdle?

The organizations are offering a “competency-based” hurdle for CPA licensure that signals abject surrender. This is the story, 50 years in the making, of (mostly) good intentions gone bad, unintended (but not unforeseen) consequences, and how rank-and-file CPAs (eventually) overcame the power plays of multinational firms. ...