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Congress May Raise 1099-K Reporting Threshold in Tax Extenders Package

(Accounting Today) - Advocates are pushing to restore the $20,000 threshold for reporting transactions from payment cards and third-party networks after it was lowered to just $600.


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More Headlines
Damages Limited in IRS’s Willful Violation of Bankruptcy Discharge 
(JofA) - The IRS failed to take proper precautions to abate a couple’s discharged tax debt, a bankruptcy court holds, but it denies attorneys’ fees.

Exploring New Roles and Positions in Your Firm 
(CPA Practice Advisor) - Our focus can’t be solely on education, experience or letters after a name, but on who can do the work that needs to be done.

Corgis, Castles and Handbags: What Happens to Queen’s Wealth After Her Death? 
(CNBC) - There are two main reasons why it’s so difficult to estimate her wealth. Firstly, there are no official breakdowns of her investments and assets. And secondly, some of the things the Queen “owned” actually belong to the ruling monarch

How Finance and IT Can Collaborate for Growth 
(CFO) - How Finance and IT Can Collaborate for Growth Connecting finance and IT teams enables the CFO to provide strategic advice when IT purchases and implements new software.

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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.

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