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Hilarious Moment Dog Imitates an Emergency Siren by Howling

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IRS Offers Modest Tax Break for Modest Donations

(Accounting Web) - Usually, taxpayers can’t claim contributions when it’s more advantageous for them to use one of the standard deduction amounts that are available to filers who don’t itemize. Our lawmakers recently suspended those long-standing rules for calendar year 2020 and replaced them with temporary ones that permit taxpayers who don’t use Schedule A to claim as much as $300 for charitable contributions.



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It’s a different ballgame now than it was before the crisis. While the new reality might pose challenges for many firms, it also provides opportunities for proactive firms like yours. AccountantsWorld’s 2020 Promise is here to guide you through those changes. Learn more



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New CPA Licensure Model Embraces Core, Deeper Knowledge 
(JofA) - Development of a significantly new approach to CPA licensure is moving forward in an effort to make sure newly licensed CPAs possess the skills and knowledge they need to succeed in the profession in the present and the future.


U.S. Consumer Spending Rises for Second Straight Month in June 
(Reuters) - U.S. consumer spending increased for second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits.


1 in 3 Small Businesses Owners Using Personal Funds to Keep Businesses Afloat 
(CPA Practice Advisor) - In addition, 30% of small businesses opened Paycheck Protection Program loans from the Small Business Administration, 24% accessed cash from a business savings account, 20% used a business credit card for financing and 9% took out another type of loan.


How to Move Microsoft Authenticator to a New Phone 
(How-to-Geek) - Using an authenticator app for two-factor authentication (2FA) is more secure than SMS messages, but what if you switch phones? Here’s how to move your 2FA accounts if you use Microsoft Authenticator.


My revenue grew 75% - heres how

Years ago, Steven Brewer, CPA saw the shifts taking place in accounting and decided to make changes in his firm to survive. They've grown their accounting revenue by 75% over the past 5 years – without adding more clients. Read his case study.




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