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Do Your Clients Need a Mid-Year Tax Checkup?

(CPA Practice Advisor) - CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...


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Lesson From The Tax Court: Restitution Overpayment Does Not Reduce Penalties On Deficiencies 
(TaxProf Blog) - Still, I think the following lesson may be useful for readers unfamiliar with the area. The key takeaway is to see how and why IRS assessments of criminal restitution orders are different from tax assessments, even though the payment of criminal restitution is treated as a payment of a tax obligation. Confused? Details below the fold.

Sounds Good, Looks Good: The Most Stylish Speakers 
(PC Mag) - We've Seen We've tested scores of wireless and PC speakers. These are the ones that will please both your ears and your eyes.

SBA May be Dropping PPP Loan Necessity Questionnaire Requirement 
(JofA) - Indications are that businesses with Paycheck Protection Program loans of $2 million or more will not have to submit a Loan Necessity Questionnaire when applying for forgiveness of their loans.

Fed Official Says Another Boom-and-bust Housing Market is not Sustainable 
(MarkletWatch) - Eric Rosengren, the president of the Boston Fed, expressed concern over the housing market in an interview with the Financial Times, and it comes as data shows house prices soaring. The median price for an existing home sale skyrocketed 24% in May. Other house price measures also are surging.

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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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