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IRS Employees are Returning to Offices Amid Coronavirus

(Accounting Today) - Internal Revenue Service employees are beginning to go back to their offices to deal with the mountain of paperwork awaiting them, even as some are testing positive for COVID-19, but they quickly adapted to working remotely in recent months, according to a group of top IRS officials.



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Insert Data from a Picture 
(Microsoft) - Want to turn images that have table data into data that you can edit in Excel? With the new Data from Picture feature, it's a snap.


The IRS ‘Roboaudit’—An Abuse of Authority 
(CPA Journal) - The IRS is increasingly relying on correspondence audits to audit small businesses. This report of a correspondence audit of the personal income tax returns of a college professor with a small business reveals such serious flaws with correspondence audits that the authors have analogized them to “roboaudits.”


Effective Ways for Accounting Professionals to Respond to a Data Breach 
(Accounting Web) - Security is always a big concern when working remotely, and it is important to know how to recognize when a breach occurs and know what to do.


Hold Onto Your Pocket Change; There’s a Coin Shortage  
(Miami Herald) - The coronavirus pandemic has disrupted supply chains and normal circulation patterns of pennies, nickels, dimes and quarters after businesses and banks shut their doors to curb the spread of COVID-19


AICPA Survey: Majority Sought PPP Money 
(Progressive Accountant) - Fifty-six percent business executives responding to the survey by the American Institute of CPAS reported their companies applied for funds through the Payrheck Protection Program.


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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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