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IRS Makes Form 1040-X Amended Tax Returns Available for E-filing

(Accounting Today) - The Internal Revenue Service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software, in what the agency called a “major milestone in tax administration.”


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Eight Advisory Opportunities for the next 100 Days 
(MACPA Blog) - CPAs continue to be on the frontlines of this financial recovery and serve as a linchpin to US businesses and our economic recovery.

Gifts to Minors: LLCs Can Protect Them from Creditors and Predators 
(Kiplingers) - You’ve decided to fund a Uniform Gifts to Minor Account, but have you thought about how to make sure that legacy will be secure?

Auditors Show Resilience During Pandemic, CAQ’s Lindsay Says 
(JofA) - The effective response by public company auditors during the coronavirus pandemic has helped maintain the public’s faith in the capital markets

Pepperoni Shortage Strikes Small Pizza Places Across the US 
(Fox News) - Various shortages have struck during the coronavirus pandemic, ranging from toilet paper (which was caused by panic buying during the early days), coins, and even aluminum cans. Now, pepperoni has apparently fallen victim to the pandemic.

Got a PPP Loan? Here's Why You Won't Be Eligible for Full Forgiveness 
(The Motley Fool) - If you received assistance during the COVID-19 pandemic outside of a PPP loan, you may in for an unpleasant surprise.

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About AccountantsWorld

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