AccountantsWorld Daily News
| | | IRS Issues New Guidance on Form 1099-K (Accounting Today) - The Internal Revenue Service updated its frequently asked questions Wednesday about Form 1099-K, the information return used for reporting transactions involving payment cards and third-party networks, |
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| | Reassessing the Erroneous Refund Penalty The IRS Flexes an Obscure Authority
(The CPA Journal) - When Congress originally enacted IRC section 6676 in 2007, the statute stated that the penalty applied unless the taxpayer showed that the claim for refund or credit had âreasonable basis.â This had a logic to it, as both substantial understatement penalties and tax preparer penalties require that the taxpayerâs position either be supported
| What to Look For in a VPN Service Provider
(How-to-Geek) - Whether youâre a technological pro or a novice, choosing a VPN provider is a daunting task. There are so many options out there that claim to offer the best, most secure experience, but each company throws around different buzzwords and confusing lingo.
| California Bill Could Ban the Sale of Skittles, Hot Tamales, and More
(Yahoo) - A proposed California bill could ban the sale of Skittles, Hot Tamales candy, Dubble Bubble Twist Gum, and other food items containing chemicals that the legislationâs supporters say are toxic and dangerous.
| Fed Raises Key Rate by Quarter-point Despite Bank Turmoil
(AP) â The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.
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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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