With concerns about sales, unemployment, access to credit, and health care reform paramount on the economic scene, accounting and taxes may not be on your radar screen. Still, these factors have a direct impact on your bottom line—the more of your earnings that you keep after tax, the better.
Looking ahead, taxes will continue to be used for social engineering—to encourage job creation, help the unemployed, provide incentives for going green, assist U.S. companies going global, and ensure that most Americans have health coverage. Taxes will also be used to serve its traditional function as a revenue raiser to pay for the war in Afghanistan. Within this context, here are the top 10 trends in accounting and taxes for 2010.
Original Article: Top 10 Trends in Accounting and Taxes in 2010 | Small Business Trends
