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What’s in the CARES Act for Retired Clients

(Accounting Web) - Thanks to the CARES Act, participants in qualified plans, like 401(k) and 403(b) plans, and IRAs have more leeway in 2020 than they had before—perhaps ever.

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70% of Payroll Relief users cut processing time

Payroll Relief from AccountantsWorld makes payroll processing faster, easier and hassle-free. Processing tasks are handled automatically, on time, and with 100% guaranteed accuracy on computations. See how in our free webinar.

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The Transformation to Advisory Services: A Few Observations from the Road 
(Accounting Today) - Prior to this unprecedented time for our community, I had been traveling the country for nearly 10 months, meeting with large accounting firms for one-on-one deep dives into their advisory workflows and client experience.

Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing 
(NY Times) - One oil price went negative on Monday, signaling that there is no place to store all the crude the world is producing but not using.

How to Take Retroactive 100% Bonus Depreciation on QIP (Qualified Improvement Property) 
(JofA) - The IRS issued procedures Friday for how taxpayers can take advantage of the recently enacted technical correction to the rules for qualified improvement property (QIP)

The Fed Is Buying $41 Billion of Assets Daily and It’s Not Alone 
(Yahoo Finance) - Central-bank balance sheets are expanding to record levels amid their latest buying spree, raising questions about how big they can get and whether those assets can ever be sold back to markets.

Senate Moves Toward Possible Tuesday Coronavirus Vote  
(CNBC) - The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with House Speaker Nancy Pelosi saying negotiators had come to terms on the ‘principles’ ...

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
Write-up can be 30-40% more profitable

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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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