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Gig Economy Beware: State Policies Require More 1099 Workers to Report Earnings

(CPA Practice Advisor) - States are now requiring gig platform companies to report their workers’ earnings through a 1099-K form - directly to the state. While gig platform companies provide this form to the Internal Revenue Service (IRS), they don’t provide it for ...


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IRS Commissioner: Penalty Relief Will Not Be 'Blanket' 
(JofA) - IRS Commissioner Charles Rettig told attendees at the AICPA National Tax & Sophisticated Online Tax Conference not to expect blanket penalty relief in response to the COVID-19 pandemic, and he addressed other effects of the pandemic on the agency.

Holiday 2020: The Best Wireless Chargers 
(How-to-Geek) - Wireless charging may seem like an unnecessary add-on for many users, but once you’ve gotten used to how convenient it is, it’s hard to go back. That said, not all wireless chargers are created equal

Mortgage Demand from Homebuyers Surges after Election Pause 
(CNBC) - November is not historically a strong season for homebuying, but this one, like the rest of 2020, isn’t following any rules. Homebuyer demand is surging again, after taking a slight break around the election.

HSA Contribution Limits and Other Requirements 
(Kiplinger) - Annually adjusted contribution limits, health plan minimum deductibles, and limits on out-of-pocket medical expenses must be met if you're covering health care costs with a Health Savings Account.

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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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