AccountantsWorld Daily News How HRâs Self-Service Shift Drives Payroll To Unlock Data (PYMNTS.com) - As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data â not only with banks, but with each other. That means financial functions beyond banking are taking advantage of application programming interface (API) data integrations, with productivity gains particularly large for business end-users of these products and services. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Goodbye California & High Taxes! Hello Residency Audit? (Forbes) - Californians like to complain about high taxes, and who can blame them? California may have more millionaires and billionaires, but the tax cost of living in the Golden State has always been high. Banks Expect Tighter Consumer Loan Standards (CFO) - Significant net shares of banks expect performance to deteriorate in 2020 for both credit card and auto loans to nonprime borrowers, according to the Fed. IRS Creates New, Large Print Tax Form for Seniors (CPA Practice Advisor) - The Bipartisan Budget Act of 2018 required the IRS to create a tax form for seniors. Taxpayers age 65 or older now have the option to use Form 1040-SR, U.S. Tax Return for Seniors. Form 1040-SR, when printed, features larger font and better readability. The Confidentiality of a Clientâs Tax Return Information Provisions Tax Preparers Must Remember (CPA Journal) - Internal Revenue Code (IRC) section 7216 and its lengthy regulations govern when a tax return preparer may disclose or use a taxpayerâs tax return information without first obtaining the taxpayerâs consent. Because it is a federal crime to violate section 7216 and its regulations, CPAs should familiarize themselves with these provisions. Taxation Goodbye California & High Taxes! Hello Residency Audit? IRS Creates New, Large Print Tax Form for Seniors The Confidentiality of a Clientâs Tax Return Information Provisions Tax Preparers Must Remember Accounting/Audit How HRâs Self-Service Shift Drives Payroll To Unlock Data Business News Banks Expect Tighter Consumer Loan Standards How Has Coronavirus Affected China's and the Worldâs Economy Compared to SARS Outbreak? | TOP 5 MOST READ 2020 IRS Refund Date Chart Tax Court Puts Up Roadblock to Travel Deduction Lesson From The Tax Court: The Common Law Mailbox Rule Lives! What Small Family-Owned CPA Firms Face Tax Court: The Postmark Rule May Not Always Apply TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS Whose Line is it Anyway - Greatest Hit - Songs of Accounting | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |