AccountantsWorld Daily News
Advertisement | | Is your priority to maintain or do better? | | Itâs a different ballgame now than it was before the crisis. While the new reality might pose challenges for many firms, it also provides opportunities for proactive firms like yours. AccountantsWorldâs 2020 Promise is here to guide you through those changes. LEARN MORE
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| | Tax Court Waives Early Withdrawal Penalty in Convoluted New Case
(Accounting Web) - Generally, taxpayers are cautioned against making early withdrawals from their retirement accounts, due to the hefty penalties associated with doing so. However, one individual whose case went before Tax Court did just this and argued she shouldn't be charged a fee, with mixed results.
| With Stimulus Talks Stalled, Small Businesses Put Hope in Long-Term Loan Programs
(Inc.) - Businesses in industries decimated by the pandemic say the Paycheck Protection Program helped, but it's not nearly enough.
| IRS to Send Letter to 9 Million Non-Filers Who Didn't Get Coronavirus Stimulus
(CPA Practice Advisor) - The letters are being sent to people who havenât filed a return for either 2018 or 2019. Based on an internal analysis, these are people who donât typically have a tax return filing requirement because they appear to have very low incomes, based on ...
| FTC Probes Intuit Over Suspicions It Diverted TurboTax Users From Free Filing
(Forbes) - The Federal Trade Commission is investigating Intuit over allegations it deliberately diverted eligible TurboTax users away from free filing options through deceptive marketing.
| Report Alleges More Than $1 Billion In Bad PPP Loans As Feds Make Another Arrest
(Forbes) - According to the Department of Justice, based on representations, each lender funded the three businesses with approximately $3 million in PPP loans. As a result, the complaint alleges that Choi received a total of nearly $9 million.
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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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