AccountantsWorld Daily News

Start your day with a smile
Taylor Swift and Screaming Goat Duet

Top Story
Expenses Paid with 2020 PPP Loans Can Be Deducted on 2021 Tax Returns

(JofA) - The IRS issued guidance on a safe harbor permitting qualifying taxpayers who have PPP loans, who did not deduct expenses related to those loans paid or incurred in 2020 on their 2020 returns, to deduct the expenses on their returns for the immediately subsequent tax year, instead of on an amended return or administrative adjustment request for the 2020 tax year.


Advertisement
Payroll can be highly profitable. Heres how.

Payroll Relief has given thousands of accountants the power and automation they need to make payroll more profitable. From their experiences, we've identified eight strategies you can employ to create a more successful payroll service for your practice. Find out more in our free ebook. DOWNLOAD NOW

More Headlines
Biden Touts Tax Credit to Prod Businesses on Worker Vaccination 
(Accounting Today) - The tax credit — covering 100 percent of up to $511 in daily wages per employee for those small- and medium-sized firms — is intended to spur people to become vaccinated

Metric Matters: Five CFOs and the Numbers They Are Tracking 
(CFO) - Which performance indicators are companies keying on this year? Five finance chiefs reveal the metrics encapsulating their strategic goals.

Are You the Right Tax Professional for That New Client? 
(CPA Practice Advisor) - At the end of the day, building relationships with our clients and helping them succeed is our goal. These are just a few of the ways we like to ensure each client that comes to us is the right fit for their needs and ours.

Don’t Board a Plane Without These Carry-On Essentials 
(Life Savvy) - If you’ve ever flown anywhere, you probably know how it feels to get to the airport, only to realize you’re missing an essential item. These must-pack carry-on items will ensure you always have what you need for a comfortable flight.

Comprehensive capabilities for trial balance and financial statements

Accounting Power is the first professional cloud accounting system. It was designed from the ground up to give professional accountants the capabilities their professional work demands. One of the hallmarks of Accounting Power is its comprehensive trial balance capabilities. WATCH VIDEO


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