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IRS Urged to Pursue Preparers with Overdue Returns, Debts and Penalties

(Accounting Today) - The Internal Revenue Service should make more of a priority of going after tax preparers who haven’t filed their own tax returns or paid their tax liabilities and penalties, according to a new report.


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Why Accountants Should Embrace 'More with Less' 
(JofA) - The COVID-19 pandemic sped the development of some hard trends that will change the view of our profession in the future.

How to Sync Microsoft Excel Spreadsheets 
(How-to-Geek) - You can sync Microsoft Excel spreadsheets to ensure that changes in one will automatically be reflected in another. It is possible to create links between different worksheets as well as separate Excel workbooks. Let’s look at three ways to do this.

Fed's Powell Set to Reiterate Long U.S. Economic Recovery 
(Reuters) - Federal Reserve Chair Jerome Powell on Tuesday begins the first of two days of testimony before U.S. lawmakers in which he will map out how the United States faces an uncertain, uneven and prolonged economic recovery...

A Historic Rehabilitation Tax Credit Gets Some Needed Clarification 
(Accounting Web) - On May 22, the Internal Revenue Service released proposed amendments to Treasury Regulation 1.47-7 concerning the federal historic rehabilitation tax credit, including coordinating the new five-year period over which the credit may be claimed with other rules for the credit.

5 keys to build a premier CAS practice

The next great opportunity for accounting firms: offering Client Accounting Services (CAS). When you master the basics, CAS can grow your accounting profits by 50% or more. Learn the 5 keys to building a profitable CAS practice in our free CAS guide.

Offer Client Accounting Services in 90 days

To offer Client Accounting Services (CAS), you don’t need to be a big firm - and you don't need new clients. Learn how to leverage your existing skills and clients to start a profitable CAS practice. Read our post.

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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