(Forbes) - One of the most exciting features of the Paycheck Protection Program was that it appeared that borrowers were going to be getting deductions for expenses funded with loans that did not have to be paid back. And there was an explicit statement that the discharge of indebtedness would not be taxable income.
We have all experienced an unprecedented crisis. But what if you could help your firm actually emerge stronger in the long run? The truth is, not only can you bounce back, but you can thrive for years to come - if you take this as a wake-up call to reinvent your practice. Download our free guide
The next great opportunity for accounting firms: offering Client Accounting Services (CAS). When you master the basics, CAS can grow your accounting profits by 50% or more. Learn the 5 keys to building a profitable CAS practice in our free CAS guide.
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.