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Tax Court Approves Losses for “Donkey Business”

(Accounting Web) - In a Tax Court case, Huff, TC Memo 2021-140, 12/21/21, the taxpayer was able to convince the Court that breeding miniature donkeys constituted a legitimate business and not a hobby.



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Cybersecurity 2022: Your Biggest Risks and Best Solutions 
(Cal CPA) - As technology marches on, one thing remains consistent: cybersecurity risks. To help you stay on top of the threats out there, here are some ways to help you understand the risks—and best practices to avoid falling victim


More Employers Getting Ghosted by Job Candidates 
(CPA Practice Manager) - In a survey of more than 2,300 senior managers in the U.S., nearly 4 in 10 respondents (39%) said it's more common for job candidates to cut off communication now than two years ago.


Consumer Inflation Was Likely High in February 
(CNBC) - February’s consumer price index is the last important look at inflation before Federal Reserve officials meet next week, and it’s going to be a scorcher. Economists expect headline inflation rose 0.7% last month, or 7.8% on an annualized basis, according to estimates from Dow Jones.


How Inflation Affects Financial Planning 
(Financial Advisor) - Inflation will impact investors' short-term budgets and long-term goals.


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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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