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Helping Hand: The Forensic Accountant’s Role in Bankruptcy & Distressed Situations

(CalCPA) - The COVID-19 pandemic has caused an unprecedented disruption to the global economy, negatively impacting a large number of industries, and changing the way that companies operate—perhaps forever.



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Tax Court Rules S Corp Payouts Are Wages 
(Accounting Web) - Frequently, S corporation owners treat wages as other forms of payment, such as distributions of payment to reduce their overall tax bite. But the IRS is quick to contest these claims and the Tax Court recently stepped in to offer some clarity.


April Fools Joke Gone Wrong: Volkswagon Changing Name to Voltswagon 
(CBS News) - Volkswagen of America issued false statements this week saying it would change its brand name to "Voltswagen," ostensibly as a way to stress its commitment to electric vehicles, only to reverse course Tuesday and admit that the supposed name change was just a joke.


These States aren’t Allowing the $10,200 Unemployment Tax Break 
(CNBC) - Thirteen states aren’t offering a tax break on unemployment benefits received last year, according to data from H&R Block.


FASB Offers Goodwill Alternative for Private Cos., Nonprofits 
(Accounting Today) - The board released an ASU that helps the organizations decrease the complexity of performing a goodwill triggering event evaluation.


My revenue grew 75% - heres how

Years ago, Steven Brewer, CPA saw the shifts taking place in accounting and decided to make changes in his firm to survive. They've grown their accounting revenue by 75% over the past 5 years – without adding more clients. READ HIS CASE STUDY




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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