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5 Questions for Businesses Changing Entity Type

(Accounting Web) - During your next financial planning meeting with business-owning clients, Nellie Akalp suggests ensuring their business entity type choice is still the right one. After all, companies are like anything else, and their needs change as they do. Here are five reasons switching might be the right decision.


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Covid-19 Relief Bill Passes With Tax-Free Status For Student Loan Forgiveness 
(Forbes) - The legislation excludes from income the full or partial discharge of student loan debt, making it tax-free.

What to Look for in a Laptop 
(How-to-Geek) - Laptops offer the functionality of full-sized computers in a compact, portable package. But they aren’t one-size-fits-all. Buying a new laptop that’s great for streaming may not fill your needs at work...

IRS Reports Tax Refunds Down 32 Percent from Same Time Last Year 
(The Hill) - The drop in tax refunds could be due to filing season starting two weeks later than normal as almost 18 percent fewer people have filed their returns so far compared to last year, data from the IRS show.

Returns Filed Catch up by Five Points 
(Progressive Accountant) - There were 53,922,000 efiles through March 5, down 16.8 percent 67,998,000 for the prior year’s period. The prior weekly report had the category 22.6 percent behind last year.

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