2020 and 2021 were some of the most challenging years for the Internal Revenue Services (IRS). The pandemic caused many delays and resulted in a backlog of tax returns. Millions of taxpayers experienced a plethora of uncertainties, especially those who were getting refunds. During the first
Lockstep Launching A Smart Inbox for Accounting Teams
Lockstep is a startup company that's created a new product to connect accounting teams globally. The company (based in Seattle) has applications that automate accounts receivable and accounts payable workflows. The company improves cash flow and effectiveness to enable them to work better together.
Elon Musk Getting Cold Feet in Twitter Deal
After announcing plans to purchase Twitter, things may not be going as planned for the famous cryptocurrency master, Elon Musk. Elon Musk announced a 9.2% stake in the Twitter company on March 14. On April 5, the CEO of Twitter, Parag Agrawal, announced that Musk would join the company's
Still A Seller’s Market, Seattle Realty Rising
The housing market in Seattle continues to grow with demand for apartments and homes increasing despite inflation and rising house prices. Prices have jumped nearly 20% since last year with some homes staying in the market for only six days. Record-breaking sales for last year were experienced in
Rapid Inflation In The United States Due To A Poor Economy
Rapid inflation is a persistent and worrying trend in many countries. In the States, however, it is an altogether different ball game. Here, the economic stagnation of the past five years has led to the country’s lowest growth rate in decades and a massive drop in purchasing power. This has led to a
5 Unique Challenges of E-Commerce Accounting
E-commerce accounting presents specific challenges over the traditional method of accounting. While traditional accounting has always relied on what is in print on paper, e-commerce accounting isn't the same. Everything is electronic, and for most ecom businesses, transactions can happen from myriad
Effective Ways Of Dealing With Customer Churn
When running a business, an essential element for maximizing profits is your company's ability to attract new customers (while maintaining the old ones). However, all companies experience some level of customer churn, which lowers their revenue and profit margins. Customer churn is the number of
No, it wasn’t a joke. Elon Musk is set to buy Twitter
Elon Musk became Twitter's biggest shareholder on March 14 after purchasing 9.1% of the company's value for $2.64 billion. Musk initiated an unrequested and non-binding bid to buy Twitter for $43 billion, or $54 per share, and turn it private on April 4. Twitter's capital encountered its most