Accounting at Capsule

5 Useful Resources for Small Business Relief during COVID-19

It’s no news that small businesses have been harder than others as a result of the COVID-19 safety measures. While many have unfortunately gone bankrupt or closed indefinitely, we don’t want to see hard working business owners have to make these tough decisions alone! There are many beneficial government programs in place to help small …

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Unemployment benefits for workers to be reduced to 40 % of income in July

As June approaches, almost 18 million Americans are receiving unemployment benefits at an enhanced rate due to COVID-19. The $2.2 trillion in relief from the CARES Act has been helping individuals survive the loss of income at an extra $600 a week, but UI benefits state-by-state differ in total amounts paid.  Gary Burtless, an economist …

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How companies like WeWork Affect Global Tax and Transfer Pricing

An article posted by Accounting Today has illustrated how large companies like WeWork are working to undermine some of the tax breaks countries abroad offer office operators. The article discusses how WeWork technically qualifies for tax breaks intended for much smaller businesses because of special wording and parameters of operation, In reality, WeWork is gunning …

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