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Little Leaguer Theatrically Rolls To Home Plate During Championship

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1031 Exchange: Do You Know ‘Like-Kind’ Options?

(Kiplinger) - You might have some misconceptions about what kinds of real estate investments qualify for your 1031 exchange. Read on for a definitive list of your like-kind options.


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Tax Court Judge Suggests Glue Factory For Retired Thoroughbred Horses 
(Forbes) - The stakes were pretty high $711,980 in tax and accuracy penalties for the years 2016 and 2017. It was mostly about Mr. Bucci's side business of racing and breeding thoroughbred horses. The IRS claimed it was a hobby.

More than 300 People Charged in Covid Fraud Sweep Targeting $830 Million 
(CNBC) - Many of the individuals targeted in the sweep are accused of fraudulently applying for assistance through the Paycheck Protection Program and Economic Injury Disaster Loans used to support small businesses during the pandemic, according to a DOJ press release.

Preventing Fraud with Internal Controls: A Refresher 
(JofA) - CPAs at all levels can benefit from a review of the basic principles for stopping fraud inside an organization.

A Space Junk Removal Mission Got Struck By Space Junk 
Gizmodo) - The ClearSpace-1 mission was going to chuck a defunct payload adapter to its fiery death, but another piece of space debris got to it first.

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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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