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Financial Statements Are Like Masks

(CPA Trendlines) - When it comes to accounting and the advisory insights hidden in the financial statements and numbers, covering those with a mask is not good for either the clients or the accountants. Here's how, and why....


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Lesson From The Tax Court: The Refund Lookback Period Trap 
(TaxProf Blog) - The taxpayer said the IRS should have applied an overpayment credit from a previous year to the tax sought to be collected. The reason that the claimed credit was not available to be used is the lesson for today: there were no payments within the refund lookback period. Oh, snap! The trap!

NASA's Curiosity Rover Video Shows a Fresh Panoramic View of Mars 
(Engadget) - NASA’s newest video shows our neighbor is essentially Dune.

The Number of Older Workers Retiring in the Pandemic Soared 
(NPR) - These older workers hadn't planned to retire so soon. The pandemic sped things up

Banks are Opting Out of New PPP Loan Forgiveness SBA Program 
(The Intercept) - At least three major banks have decided to opt out of a new process for getting Paycheck Protection Program loans forgiven directly by the Small Business Administration,

My revenue grew 75% - heres how

Years ago, Steven Brewer, CPA saw the shifts taking place in accounting and decided to make changes in his firm to survive. They've grown their accounting revenue by 75% over the past 5 years – without adding more clients. READ HIS CASE STUDY


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