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IRS Issues Details on W-2 Reporting on Payroll Tax Deferral

(Accounting Today) -The Internal Revenue Service has posted instructions for both employers and employees about how to handle the Form W-2 reporting for the payroll tax deferral under President Trump’s executive action.



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11th Circuit Discusses Conservation Easements And The Granted-In-Perpetuity Requirement 
(Forbes) - In a recent case, the 11th Circuit discussed conservation easements and their statutory requirements


Election Day Deals: Get a Free Krispy Kreme Donut, Planet Fitness Workout Plus a McDonald's Freebie Tuesday 
(USA Today) - Krispy Kreme is giving away glazed doughnuts to all along with a special voting sticker while supplies last Tuesday. Planet Fitness is offering a way to work off the stress of the election with a free workout and massage Tuesday through Nov. 8.


Lesson From The Tax Court: To Get Administrative Grace You Must Follow Administrative Rules 
(TaxProf Blog) - Today’s lesson is about timing, and the concept of administrative grace. Section 165 permits taxpayers to deduct losses from theft and §165(e) provides the timing rule: the loss “shall be treated as sustained during the taxable year in which the taxpayer discovers such loss.”


10 Great iPhone Home Screen Widgets to Get You Started 
(How-to-Geek) - iPhone Home screen widgets have taken the world by storm! Starting with iOS 14, you can now customize your iPhone Home screen with multiple widgets. But how do you do it? Let’s take a look.


America’s Malls Under Pressure: CBL, Pennsylvania REIT, File for Bankruptcy 
(CNBC) - CBL’s filing came shortly after Pennsylvania Real Estate Investment Trust, the largest mall owner in Philadelphia, filed a Chapter 11 petition earlier Sunday, to execute a prepackaged financial restructuring plan.


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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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