AccountantsWorld Daily News

Start your day with a smile
A Few Good Expenses

Top Story
Lesson From The Tax Court: Take The Administrative Appeal

(TaxProf Blog) - Taxpayers famously focus on trying to get their “day in court” against the evil IRS. The Independent Office of Appeals (Appeals) is no court. It is not surprising, then, that taxpayers’ myopia often leads them down the dangerously wrong path of ignoring their opportunity to go to Appeals. Today’s lesson teaches us one reason that is a mistake.


Advertisement
Payroll Relief Promises: More profit, less work. Absolutely!

No matter what payroll solution you are currently using, you will generate more profit with Payroll Relief from AccountantsWorld while reducing your firm's workload. LEARN MORE

More Headlines
Most Tax Audits of Big Partnerships Proved Fruitless 
(Accounting Today) - Over three-quarters of the audits conducted by the Internal Revenue Service under its centralized partnership audit regime resulted in no change in taxes, according to a new report.

The States With The Highest Job Quit Rates 
(Financial Advisor) - The Great Resignation was a real phenomenon in 2021, but it didn’t impact every part of the country equally. People are leaving their jobs at a higher rate in some states than others, according to 2022’s States With The Highest Resignation Rates, a study and ranking by WalletHub.

Oscar Nominees Pay Tax On $140,000 ‘Gifts’—IRS Form 1099 Says No Gift 
(Forbes) - Nominees get $140k of pricey items for free. Everyone wants celebs to show off their gear., but it’s worth thinking about the recipient’s side of the equation. Some celebs turn down gifts, but why would anyone say no to free stuff? Taxes and those annoying IRS Form 1099.

IRS Has $1.5 Billion in Refunds for People Who Have not Filed a 2018 federal income tax return; April Deadline Approaches 
(IRS) - Unclaimed income tax refunds totaling almost $1.5 billion may be waiting for an estimated 1.5 million taxpayers who did not file a 2018 Form 1040 federal income tax return, but people must act before the April tax deadline, according to the Internal Revenue Service.

AccountantsWorld Is Now Part of the IRIS Family

AccountantsWorld has been acquired by IRIS Software Group. IRIS and AccountantsWorld share a deep commitment to professional accountants, and we're excited to be a part of a highly successful UK company that continues to expand dramatically in the North American market. 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.

Schedule a Demo:

Payroll Relief
Accounting Power
or call 888-999-1366