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IRS Mailing Millions of Letters About Child Tax Credits

(Accounting Today) - The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July.


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No Charitable Deduction Without a Proper Appraisal 
(Accounting Web) - In a new Tax Court casecharitable deductions were denied because an appraiser didn’t meet the requisite standards.Normally, tax payers are required to obtain an independent appraisal for large charitable contributions of property, unless you have reasonable cause such as reliance on the advice of a qualified professional.

What Is Amazon Sidewalk, and Should You Disable It? 
(How-to-Geek) - On June 8, 2021, most Amazon smart home devices—as well as certain other connected gadgets—will become part of a nationwide network called Sidewalk. Here’s what you need to know, and how to opt out if you choose to.

U.S. Seizes $2.3 Million in Bitcoin Paid to Colonial Pipeline Hackers 
(Reuters) - An affidavit filed on Monday said the FBI was in possession of a private key to unlock a bitcoin wallet that had received most of the funds. It was unclear how the FBI gained access to the key.

Podcast: Bending Curves and Building Careers 
(MACPA Blog) - What are curve-benders? How do you define “strategic relationships?” What is non-linear growth? What is the future of work? And how the heck does all this fit together?

Free resources to make 2021 better for you and your firm

If you can spare just a bit of time during the tax season, wouldn't it be great to use it to plant the seeds for making your entire 2021 a little better? LEARN MORE


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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