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IRS Restores Capital Gains Tax (To Form 1040) And Other Tax Return Changes For 2020
(Forbes) - Ready or not, tax return reporting has changed yet again for the 2020 tax season. In 2018, the IRS condensed Form 1040 significantly, completely revamping the prior traditional version, and introduced additional schedules that funnel information to Form 1040.
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New Threats to CPA Licensing Posed in 2020 Legislative Year
(JofA) - Legislative challenges to professional licensing standards remain a threat to CPAs and other professionals as groups such as the American Legislative Exchange Council and Americans for Prosperity advocate for anti-licensing legislation in individual states.
Gig Work Growing Inside Companies
(Accounting Today) - A growing cohort of the gig workforce is actually working long-term inside traditional companies — and they’re pretty happy about it, according to research from ADP.
New U.S. Jobless Claims Fall 15,000 to 202,000 and Return Close to a 50-year Low
(Market Watch) - The number of Americans who applied for unemployment benefits at the end of January fell close to a postrecession low, signaling the U.S. labor market is still rock solid despite stiffer economic headwinds.
9 Essential Tools to Help You Work Remotely
(Life Savvy) - Having a completely portable office can be a dream—or a nightmare. While you can work from any cafe or hotel lobby you choose, one forgotten item or a dropped internet connection can make your workday a lost cause.
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Parks and Rec Accounting Jokes