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How the Tax Court Upholds IRS Employment Choices

(Accounting Web) - In his fourth and final column on the tax benefits of employing your children, tax expert Julian Block addresses IRS rules that parents should know as well as how the Tax Court figures in.


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Employee Retention Credit Changes Leave Practitioners with Questions 
(JofA) - The IRS recently posted instructions on its website explaining how taxpayers who did not get their Paycheck Protection Program (PPP) loan forgiven can claim the employee retention credit (ERC) when they file their employment tax return.

Japan's Sponsors Shelve Ads as Mood Sours over Olympics 
(Reuters) - Japan’s Olympic sponsors are scaling back advertising campaigns and delaying marketing events for this year’s Summer Games, concerned that public sentiment toward the event is souring amid a fresh wave of COVID-19.

Chromebooks Versus Windows Laptops: Which Should You Buy? 
(PC World) - Should you buy a Chromebook or a Windows laptop? They're similar in some ways, but fundamentally different in others. This guide will help you decide.

Jobless Claims Rise Less than Expected at 847,000 First-time Applicants 
(CNBC) - Continuing claims showed a decrease, falling by 203,000 to 4.77 million, a new pandemic-era low. Some 5.05 million continuing claims were expected. U.S. stock futures turned higher ahead of Wall Street’s opening bell.

IRS Offers Guidance to Taxpayers on Identity Theft Involving Unemployment Benefits 
(IRS) - The Internal Revenue Service urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because of identity theft to contact their appropriate state agency for a corrected form.

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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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