Accounting & Business Finance

Discover the latest in accounting and business finance, including software reviews, tips, news and how-to advice. You’ll find popular reviews of financial software products such as Quickbooks, Quicken, Turbo Tax, Microsoft Money and more. Interested in financing options for a variety of business needs? You’ll discover FAQs on financial terms, and tips on the latest financial trends. Follow finance news? Discover accounting articles on a variety of business topics affecting your livelihood. Join the accounting community at Bright Hub and let us know what you’d like to see here! We look forward to building this channel with you!

Can Blockchain Transform the Food Industry?

Blockchain is taking the world by storm, though the talk mostly focuses on a small subsection of its use cases. More than bitcoin and healthcare records, blockchain technology has the potential to disrupt less expected arenas like food supply chains.

What Bankruptcy Means for Residents of Detroit

Bankruptcy would seem to solve many problems for Detroit, but it leaves many of its citizens in the lurch. Most hard hit would be retirees expecting to receive pensions from the city who would only receive 16 cents on the dollar. Learn more about what bankruptcy means for Detroit.

IRS to Delay the Start of Tax Season for Up to Two Weeks: What Affects Will This Have on the Economy?

The IRS has announced that due to the government shutdown, the beginning of tax season will be delayed by as much as two weeks. This will affect both tax payers expecting an early tax return as well as tax preparers who will have a shorter window to work.

The Proposed 401k Retirement Savings Cap: Who Does This Affect?

The government has proposed a cap of 401k accounts of $3 million. They state that this tax money could help them better run their government programs and this is more than enough for someone to live off of in retirement. However, this cap could have many negative outcomes.

Affordable Health Care & Section 179: Take Advantage of These 2 Tax Credits Available to Small Businesses

Are you a small business owner or entrepreneur? Are you taking advantage of Section 179 deductions or plan to avail yourself of tax credits offered under the Affordable Health Care Act? Learn more.

The Jumpstart Our Businesses Act sounds great in theory. However, many accountants are concerned about the looser regulations in the bill. This may result in less scrutiny of financial practices, which could cost investors.

The Affordable Care Act & Employers: What Preparations Should Small, Mid-Size & Large Businesses Take?

The Obama Administration recently delayed the enforcement of the Patient Protection and Affordable Care Act until Jan 2015. Many employers are still struggling to understand the implications of this complex health insurance reform law. What will it mean for your business?

What Will the 0.9% Addition Medicare Payroll Tax Mean for Businesses?

Beginning in January, employers are going to have to start taking out more in taxes from their employee’s paychecks. The new Medicare payroll tax goes into effect at the beginning of the year as part of President Obama’s sweeping healthcare changes. What does this mean for businesses and employees?

Make Tax Time Easier by Planning Throughout the Year

As this year ends, why not make a New Year’s business resolution and focus a marked effort to organize your company’s financials? If you plan all year long, when tax time comes, the meeting with your tax professional will be much easier and less stressful.

Guide to Performing a Liquidity Analysis

People go into business because they have an interest in producing a specific product or service. The last thing they want to do is wade their way through all kinds of financial ratios. The liquidity analysis is an important ratio for an owner to know about, and this guide will take you through it.