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Lesson From The Tax Court: Being Too Smart Precludes Innocent Spouse Relief

(TaxProf Blog) - In John E. Rogers and Frances L. Rogers v. Commissioner the court denied spousal relief to Mrs. Rogers because it found her too smart to qualify. It is a useful lesson as many of us prepare our own joint returns for 2019.



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20 IRS Audit Red Flags 
(Kiplinger) - There's no sure way to avoid an IRS audit, but these red flags could increase your chances of drawing unwanted attention from the IRS.

President Trump Signs 5-week PPP Extension 
(JofA) - The five-week extension had been approved last week by both chambers of Congress. The U.S. House of Representatives and the Senate both passed the legislation by unanimous consent.

How to Run Diagnostics on Your iPhone or Android Phone 
(PC Mag) - Whether you're curious about a device you purchased or want to see how well a phone runs before you sell it, here are the best diagnostic tools for iPhone and Android.

The UK's Big 4 Audit Firms Keep Failing. Now They're Being Forced to Change 
(CNN Money) - The UK accounting watchdog has given Deloitte, EY, KPMG and PwC four years to split their audit and consulting businesses in an effort to improve corporate reporting following a string of high-profile accounting scandals.

U.S. Service Sector Rebounds Strongly in June 
(Reuters) - U.S. services industry activity rebounded sharply in June, almost returning to its pre-COVID-19 pandemic levels, but a resurgence in coronavirus cases that has forced some restaurants and bars to close again threatens the emerging recovery.

Offer Client Accounting Services in 90 days

To offer Client Accounting Services (CAS), you don’t need to be a big firm - and you don't need new clients. Learn how to leverage your existing skills and clients to start a profitable CAS practice. Read our post.


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