AccountantsWorld Daily News

Start your day with a smile
Dagwood the Ping Pong Playing Cat

Top Story
There’s A New Tax Form - With Some Changes - For Freelancers & Gig Workers

(Forbes) - Last year, the Internal Revenue Service introduced a draft version of a form that we haven’t seen since 1982: Form 1099-NEC, Nonemployee Compensation.



Advertisement
Is your priority to maintain or do better?

It’s a different ballgame now than it was before the crisis. While the new reality might pose challenges for many firms, it also provides opportunities for proactive firms like yours. AccountantsWorld’s 2020 Promise is here to guide you through those changes. LEARN MORE

More Headlines
The Statement of Cash Flows Turns 30 Common Reporting Deficiencies and Recent Changes 
(The CPA Journal) - This past year marked the 30th anniversary of the statement of cash flows as a required financial statement. FASB’s efforts in developing the then-new standard were heavily influenced by the objectives and concepts set forth in Statement of Financial Accounting Concepts (SFAC) 1.

The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke 
(Forbes) - It took decades, but Chuck Feeney, the former billionaire cofounder of retail giant Duty Free Shoppers has finally given all his money away to charity. He has nothing left now—and he couldn’t be happier.

4 Tips for Developing Firm Managers 
(Accounting Web) - Any promotion can be a challenge, but it can be especially tough for accountants with strong technical skills who are promoted to manager.

Deloitte Sees Global Revenue Grow 5.5% to $47.6B Despite Coronavirus 
(Accounting Today) - Large firms have been reporting revenue increases amid the pandemic.

Five Things to Watch at the Federal Reserve Meeting 
(Financial Times) - The Federal Open Market Committee meets on Wednesday for the last time before the US presidential election — and the first time since it embraced a new monetary strategy.

If payroll isnt your most profitable service, upgrade to Payroll Relief.

How profitable is payroll to your firm? If you have Payroll Relief, it can make payroll your most profitable service. It's time to upgrade. 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