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NBA Owner Misses Shot at Deferred Comp Deduction

(Accounting Web) - Foul on the play! The Tax Court sided with the IRS here based on tax code and regulations.



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Lesson From The Tax Court: 50 Ways To Lose Your Interest Abatement Request 
(TaxProf Blog) - Obtaining an abatement of interest reminds me of Paul Simon’s song 50 Ways to Leave Your Lover. Sure, the “50 ways” in the song title is misleading. By my count, Simon gives us only four...My lesson title is also hyperbolic, but serves the same purpose. When a taxpayer wants the IRS to abate interest charges, there are lots of ways to lose.


How Accounting Firms Deal with Hybrid Working 
(JofA) - Switching from remote to hybrid working brings with it challenges accounting firms have not had to deal with before. Here is how five firms are tackling these challenges.


Here’s What Happens When a Driverless Cruise Vehicle Gets Pulled Over by the Police 
(The Verge) - In a video originally posted to Instagram last weekend, the user captures the awkward — and somewhat comical — interaction between the San Francisco Police Department and the autonomous vehicle after it’s pulled over for not having its lights on.


IRS to Digitize Archived Tax Filings in Tech Pilot Program 
(CPA Practice Advidsor) - The new pilot program will benefit the IRS through more efficient access to digitized records and related metadata and improve security and data privacy.


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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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