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What’s the Best Entity Type for a Family Business?

(CPA Practice Advisor) - Most of your clients probably started their family business solo and with little thought to what happens to the business when the owner gets married and has a family. Smaller owner-operator businesses are usually structured as sole proprietorships with...


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Here’s What All The Latest Data Says About The Economy’s Prospects For Recovery 
(Forbes) - A new report from the Congressional Budget Office is projecting that GDP will decline at an annual rate of 38% this quarter, or 11% less than the first three months of the year. Here’s what the latest data on the economy tells us about recovery.

The Quick Tax Fix for Qualified Improvement Property 
(Accounting Web) - At long last, the Coronavirus Aid, Relief and Economic Security (CARES) Act fixes a glitch in the tax rules for deductions for “qualified improvement property” (QIP). The change, which some tax commentators have been calling for

China Pledges to Implement U.S. Trade Deal Amid Rising Tensions 
(Bloomberg) - China reiterated a pledge to implement the first phase of its trade deal with the U.S. despite setbacks from the coronavirus outbreak, and as tensions escalate between the world’s two biggest economies.

Fed's Rosengren Says US Unemployment Rate Could Remain in Double Digits at End of 2020 
(Fox Business) - Rosengren said the nation's jobless rate could return to full employment by the end of 2021, but said that hinges on whether the U.S. can successfully contain the virus.

40 Years Later, ‘Pac-Man’ Is Still Capturing Our Hearts 
(How-to-Geek) - It was 40 years ago when Pac-Man first gobbled its way into Japanese arcades and captured our hearts with its simple, but challenging, gameplay. Even after all this time, Pac-Man still rules as a cultural icon.

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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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