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IRS Interest Rates Decrease for the Third Quarter of 2020

(IRS) - The Internal Revenue Service announced that interest rates will decrease for the calendar quarter beginning July 1, 2020. The rates will be: three (3) percent for overpayments [two (2) percent in the case of a corporation]...


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PPP Forgiveness Changes Coming as Senate Passes House Bill 
(JofA) - The Senate passed a House bill that gives small businesses and other entities that received loans from the Paycheck Protection Program 16 additional weeks to spend the funds and qualify for full forgiveness of the loans.

IRS to Expand Virtual Settlement Days 
(Accounting Today) - Settlement Days events are efforts to resolve cases in the Tax Court by providing taxpayers who are not represented by counsel the opportunity to receive free tax advice from Low Income Taxpayer Clinics, volunteer attorneys and other pro bono organizations.

How to Boost Your Internet Speed at Home in 8 Ways, and Make Sure You're not Being Overcharged for Low Speeds 
(Business Insider) - If you find your internet too slow to bear, there's a variety of steps you can take to speed it up.

Effective Leadership in Our New Normal (PDF Page 26) 
(Ohio CPA Voice) - Leadership is key to coming out of the current climate stronger and more prepared than ever.

Mall Owner (Simon) Sues Gap for Rent on Coronavirus-shuttered Stores 
(Fox Business) - The clothing retailer owes three months of rent, totaling $65.9 million.

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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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