AccountantsWorld Daily News | NCCPAP Calls for Automatic Forgiveness for Smaller PPP Loans (Accounting Today) - The National Conference of CPA Practitioners is urging Congress to automatically forgive smaller loans under the Paycheck Protection Program, and to make sure that business expenses paid for with forgiven PPP funds are deductible. |
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| | Remove Roadblocks to CAS Practice Growth (JofA) - The problem, he deduced, was that at many firms the CAS practice was the domain of one highly motivated staff member.
| Current Tax Issues in the Cloud Sales of Software versus Services in Citrix (CPA Journal) - By now, everyone is familiar with the âcloud,â and most companies and individuals utilize âsoftware as a serviceâ (SaaS) in some capacity, likely daily, whether for business, personal use, or both. Taxation of cloud computing, however, remains very much a source of confusion and angst for vendors, consumers, CPAs, auditors, and tax preparers.
| Feds Make Another PPP Fraud Arrest, Alleging Proceeds Used To Buy A Lamborghini (Forbes) - The Department of Justice has announced the arrest of a Florida man in connection with Paycheck Protection Program (PPP) loan fraud. David T. Hines, 29, of Miami, Florida, was arrested and charged with fraudulently obtaining $3.9 million in PPP loans and using those funds, in part, to purchase a 2020 Lamborghini Huracan sports car.
| 5 Steps to Create a Transitional Retirement Option For Employees (CPA Practice Advisor) - Itâs no secret that many workers have been unhappy in their jobs. Many workers are at, or above, what might be considered ânormalâ retirement age, but for various reasons they have continued to work.
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| | | To offer Client Accounting Services (CAS), you donât need to be a big firm - and you don't need new clients. Learn how to leverage your existing skills and clients to start a profitable CAS practice. Read our post.
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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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