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What is a ‘Boot’ in a 1031 Exchange?

(CPA Practice Advisor) - Although boot won’t disqualify a 1031 exchange, understanding its implications can optimize tax benefits and prevent liabilities.



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In One Minute, This Simple Tool Could Save Practitioners Hours 
(JofA) - A few clicks of the mouse could save practitioners a ton of time by assisting them in determining whether they need to apply the requirements of AR-C Section 70, Preparation of Financial Statements, when their bookkeeping or accounting services result in financial statements.


10 Common Problems With Microsoft OneDrive and How to Fix Them 
(PC Mag) - Microsoft OneDrive doesn’t always behave itself, but you can get the file-backup and synchronization service back on track if you know the right tricks.


Frugal Billionaire Warren Buffett Drives A 2014 Car And Looks For Hail-Damaged Deals 
(Yahoo Finance) - Renowned for his frugal and simple lifestyle, the billionaire investor drives a 2014 Cadillac XTS. While some billionaires indulge in extravagant cars as a visible symbol of wealth and success, Buffett's preference for older models reflects his unique approach to life and finances.


Europe’s Interest Rates to Stay High as Long as Needed to Defeat Inflation 
(AP) - European Central Bank President Christine Lagarde warned Tuesday that inflation is holding its grip on the economy and underlined that the bank intends to raise rates high enough to “break this persistence.”


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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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