AccountantsWorld Daily News

Start your day with a smile
Wombat Eating Corn

Top Story
Partnerships and S Corps Can Deduct State and Local Taxes

(JofA) - The IRS said it would issue proposed regulations allowing S corporations and partnerships to deduct “specified income tax payments” paid to state and local governments above the line and not as passthrough items for partners and shareholders.



Advertisement
Live CPE webinar: Seven Secrets to More Profitable Payroll Processing

Some accountants are making more money per hour of their time with payroll services than their peers are making from tax, accounting, or audit services. What’s their secret? They've mastered tactics for minimizing labor costs, automating processing, and setting clear expectations with clients. Your practice can benefit handsomely from their experience. Join us and learn the seven secrets to more profitable payroll processing. REGISTER



More Headlines
PCAOB Adjusts Plans for Coronavirus 
(Accounting Today) - The board has been making changes to its strategic plans and agenda in response to the pandemic as it sees auditors doing more work remotely.


CPAs Can Have a Tech State of Mind 
(Accounting Web) - With competition in the accounting profession successfully positioning itself for today’s remote or remote-leaning firms, you have to not only catch up, but get ahead of the curve. The good news is that you can turn to technology for that!


Eight Useful Expressions For Clients And Prospects 
(Financial Advisor) - Do you have a five-step investing process? That’s great if prospects are linear thinkers and follow steps. Do your clients believe in long-term thinking or do they have little patience? Do prospects make decisions quickly? Sometimes things don’t go the way we would like them to proceed. Here are a few expressions that might help.


UK Economy Grew by Record 15.5% in 3rd Quarter, but Second Lockdown Could Derail  
(CNBC) - With England now in a month-long partial lockdown until at least December 2 amid a resurgence in coronavirus cases, the recovery is expected to lose steam in the final three months of the year.


Your clients need you to take over accounting

Now more than ever, clients need to focus on running their businesses, not bookkeeping work. Learn how you can cure their pain – and boost your firm’s profits – with full-service client accounting services (CAS). DOWNLOAD NOW




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