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Clients Disappointed with Tax Refunds, Expect More from Accountants

(Accounting Today) - Over half of tax clients (53 percent) aren’t positive that their accountant fully minimizes their tax payment, and 46 percent were disappointed by the size of their tax refund last year, according to a new survey.


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Lesson From The Tax Court: The Cost Of Inattention 
(TaxProf Blog) - When I teach Civil Procedure, I joke that the acronym SOL is particularly appropriate for Statutes of Limitations. Students laugh. But blowing an SOL will not only cause clients to cry tears, it may well cause clients to cry “malpractice!”

AICPA Urges Firms to Schedule Peer Reviews as Off-site Deadline is Extended 
(JofA) - CPA firm peer reviews can continue to be held remotely without prior approval of the administering entity for system reviews commencing before June 30, 2021, as a result of a vote Thursday by the AICPA Peer Review Board.

IRS Moves The Controversial Virtual Currency Question To Page 1 Of 1040 
(Forbes) - The IRS is asking every American whether they Own cryptocurrency in 2020 per draft Form 1040.

The Best Battery Life Laptops for 2020 
(PC Mag) - Don't be left without juice just when you need it most. We've tested hundreds of laptops to find the ones that last the longest between charges. These battery-life champs will take you through a day of work, as well as a night on the couch.

Global Companies Raise Most Funds for the Month of August in a Decade 
(Reuters) - Companies raised the most funds in global equity and debt markets for the month of August in a decade as homebound bankers spend their summer fixing deals off the back of trillions of dollars of stimulus worldwide to fight the coronavirus pandemic.



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