IRS Doubles Down on Nondeductibility of PPP-funded Expenses

(JofA) - The IRS issued guidance for taxpayers who pay otherwise deductible expenses with PPP loan funds, stating that even if the payment and PPP loan forgiveness happen in different tax years, the expenses are not deductible

The next great opportunity for accounting firms: offering Client Accounting Services (CAS). When you master the basics, CAS can grow your accounting profits by 50% or more. Learn the 5 keys to building a profitable CAS practice in our free CAS guide. DOWNLOAD NOW

The terrifying security threat that actually has happened while costing U.S. businesses and organizations hundreds of millions of dollars each day is plain ole’, run-of-the-mill phishing. In this session we’ll explain what phishing is, why it’s the most effective (and proliferated) of many techniques collectively classified as Social Engineering and how it is used by attackers to obtain either full or partial credentials (e.g. username & password). REGISTER

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.