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Can Volunteers Deduct COVID-19 Related Expenses?

(Accounting Web) - IRS Nov 12th 2020 Can volunteers deduct PPE and the cost of gas they use traveling to charity-related activities from their taxes? Julian Block answers these questions...



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A Quick Look At The Paycheck Protection Program 
(Forbes) - In total, the PPP resulted in over five million loans totaling $525 billion. Here's a look at the program, and what comes next.


ECB Member Explains Why This Recession is Very Different  
(CNBC) - The coronavirus-induced recession is very different from past downturns, and this raises new challenges for central bankers and lawmakers, a European Central Bank board member told CNBC.


Managing Perceptions as a Public-sector Accountant 
(CPA Insider) - Taxpayers will always scrutinize business trips and overtime. Here’s how public-sector employees can set the record straight.


Inflation Flat in October as Coronavirus Surges 
(CFO) - “With the explosion in virus numbers putting downward pressure on demand in the short-term, we expect inflation to remain subdued for a while yet."


As COVID-19 Shuts Malls and Hotels, Their Owners Fall Behind on Loans 
(USA Today) - New York's historic Roosevelt Hotel shut down last month, the latest casualty of the coronavirus pandemic that has upended the city's tourism and retail markets. Many more hotels and retail properties in the nation's biggest cities and across the country are struggling.


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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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