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The CPA Players Present: The Empire Strikes Back

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CPAs continue to lead with trust, competence, and integrity

(JofA) - The pandemic proved how dedicated the profession is and put on full display clients' trust in our expertise and ability to provide calming, timely advice and service. CPAs pivoted quickly and helped clients, organizations, policymakers, and communities during a time that was incredibly challenging both professionally and personally. 



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Consumer Confidence Dips on Delta Spread 
(CFO) - U.S. consumer confidence dipped to a seven-month low in September as optimism over the economy cooled with the continued COVID-19 surge.


Why It Pays to File Business Tax Returns Correctly 
(AccountingWeb) - It's not tax season quite yet, but you may already be fielding questions from small business owners regarding income and sales tax nexus -- and whether they really need to file tax returns this year.


Wage and Hour Audits May Be Coming 
(CPA Practice Advisor) - In the past, the Department of Labor Wage and Hour Division (WHD) would commonly randomly select employers for compliance audits with the provisions of the Fair Labor Standards Act (FLSA). Random audits have all but ended for a variety of reasons.


Sales and use taxes: Loss contingencies 
(The Tax Adviser) - FASB Accounting Standards Codification (ASC) Topic 450, Contingencies, requires companies to assess the degree of probability of an unfavorable outcome before reporting a loss contingency. 


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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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