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In Recent Ruling, IRS Again Concludes That Daily Fantasy Sports Are Gambling

(Forbes) - For the second time in four months, the IRS has addressed the world of daily fantasy sports (or DFS, for short), and if you’re scoring at home — and you are; in fact, it’s really all you do — it’s now IRS 2, DFS 0.



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IRS Reminds Tax Professionals to Renew PTINs Now for 2021 
(IRS) - The Internal Revenue Service reminds the nation’s more than 780,000 active tax return preparers to start the upcoming 2021 filing season smoothly by renewing their Preparer Tax Identification Numbers (PTINs) now. All current PTINs will expire December 31, 2020.


The Highest Corporation Taxes Around the World and the Main Drivers Behind Them 
(CPA Practice Advisor) - While corporation tax rates are influenced by the country’s definition, there’s clearly a pattern with developing countries and emerging economies paying higher rates to sustain the country.


How to Use the VLOOKUP Function in Microsoft Excel to Find Related Data points in your worksheet 
(Business Insider) - The VLOOKUP function in Microsoft Excel is a great way to find relational data.


Amazon Employees Can Work Remotely Through June 2021 
(CNBC) - Amazon has told staff who can work from home to do so through June 2021. Other tech companies, including Apple and Facebook, have also allowed their employees to work from home until at least early 2021.


China’s Economy Grows Nearly 5% 
(CFO) - China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus.


Recorded Webinar: How to Weather the Storm... And Emerge Stronger

We’re in the midst of an unprecedented crisis, one that will have an adverse impact on most accounting practices. But it doesn’t have to permanently damage your practice. You can not only bounce back from it but thrive for years to come - if you take it as a wake-up call to reinvent your practice. WATCH ON-DEMAND




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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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