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IRS Issues Urgent EFIN Scam Alert to Tax Pros

(CPA Practice Advisor) - The Security Summit partners said the latest scheme, arriving just before the start of the nation’s tax season, should serve as another reminder that tax professionals remain prime targets for identity thieves.



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'I am not a Cat': Video Shows Lawyer Can Not Turn off Kitten Filter During Zoom Court Appearance 
(NBC News) - "If a child used your computer, before you join a virtual hearing check the Zoom Video Options to be sure filters are off," a Texas judge said of the incident.


Single Audits: Deliver High Quality in a Challenging Time 
(JofA) - The federal funding surge that accompanied the coronavirus pandemic has made single audits more challenging than ever. But now that the rules have been released, practitioners need to focus on delivering high-quality single audits in this difficult time.


Surprise Tax Bills Await in Pandemic-Affected IRS Filing Season 
(Bloomberg) - The U.S. federal tax-filing season that begins Friday will be among the most consequential in recent history, as households face potential surprises -- both negative and positive -- sorting through pandemic-related measures at a time of high unemployment and depressed consumer confidence.


The U.K. Economy Contracted by 9.9% in 2020, its Largest Annual Contraction Since the Great Frost of 1709 
(CNBC) - Economists polled by Refinitiv had expected an 8% annual decline in 2020, with a fourth-quarter expansion of 0.5%. This follows a revised 16.1% rebound in the third quarter as social, travel and business restrictions were eased.


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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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