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IRS Adds More Guidance on Child Tax Credit, Says Prior Pub is Obsolete

(Accounting Today) - The service updated its FAQ on the Child Tax Credit on Tuesday with new information on eligibility and how to calculate the amount of the credits and payments.


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The 6 Most Important Questions to Ask When Building a CAS Practice 
(CPA Practice Advisor) - Although client accounting services (CAS) has existed for years, it is now one of the fastest-growing and most profitable practice areas within the accounting profession. CAS practitioners reported a median growth rate of 20% in 2021 and outpaced other ..

Operational Resilience Requires Forethought, Commitment 
(Ohio CPA) - The pandemic has made companies more aware than ever of the value of resiliency, and many are now rethinking the way they prepare for the future.

Inflation Continues to Rise: How to Navigate the Uncertainty 
(Kiplinger) - Inflation is at a 40-year high. For those nearing or in retirement, it could pack a painful punch, but there are things you can do now to address inflation and make sure you don’t run out of money in your golden years.

A Review of Upcoming Audit Changes for SAS 134-140 
(Accounting Web) - In light of challenges arising from the coronavirus pandemic, the implementation of SAS 134-140 was effectively delayed by one year. As auditors prepare to implement SAS 134-140, here is a summary of the most significant changes to the auditor’s report and the audit process.

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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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