AccountantsWorld Daily News

Start your day with a smile
Antelope Canyon - Fly Through in HD

Top Story
AICPA Issues Guidance on Accounting for Forgivable PPP Loans

(JofA) - An entity accounting for the PPP loan under Topic 470 would initially record the cash inflow from the PPP loan as a financial liability and would accrue interest in accordance with the interest method under ASC Subtopic 835-30...


Advertisement
Payroll made faster, easier, and hassle-free

70% of Payroll Relief users have cut their processing time by 25% or more. Get a live demo to see how much you can benefit.

More Headlines
How to Help Clients Conduct Layoffs and Furloughs While Mitigating Their Risk 
(Accounting Web) - At this unprecedented time, your clients want to keep jobs. While that may not be entirely possible, you can still help them make the right decisions.

A Long Recovery Starts Kiplinger’s Latest Forecast on Jobs 
(Kiplinger) - Recovery has started in the labor market... However, the aggregate numbers don't tell the whole story. While more jobs were added than were lost, 4.9 million workers still lost their jobs in May.

Banks Take Hard Line Against Accountants Seeking Fees for PPP Referrals 
(American Banker) - Should banks be on the hook for fees to accountants, lawyers and consultants who helped small-business owners prepare applications for loans from the government’s Paycheck Protection Program?

Tax Relief New Rules for Qualified Retirement Plans (PDF Page 12)  
(California CPA) - The Coronavirus Aid, Relief and Economic Security (CARES) Act, enacted March 27 contains many provisions. Our federal tax expert walks you through selected highlights.

$130 Billion in Small-Business Aid Still Hasn’t Been Used 
(NY Times) - Owners are becoming reluctant to borrow from the federal Paycheck Protection Program. Some are even returning money.

Your clients need you to take over accounting

Now more than ever, clients need to focus on running their businesses, not bookkeeping work. Learn how you can cure their pain – and boost your firm’s profits – with full-service client accounting services (CAS). Download now.

Offer Client Accounting Services in 90 days

To offer Client Accounting Services (CAS), you don’t need to be a big firm - and you don't need new clients. Learn how to leverage your existing skills and clients to start a profitable CAS practice. Read our post.

About AccountantsWorld

At AccountantsWorld, we value the crucial role that YOU play in core business services - accounting and payroll - just as much as you do.

That's why, since 2003, we've used the unprecedented power of the cloud to put you back in full control of your accounting and payroll services so you can best serve your clients, while raising your own firm's value and relevance. And we never sell our products or services directly to your clients.

Schedule a Demo:

Payroll Relief
Accounting Power
or call 888-999-1366