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10 Billing Myths That Can Undercut Your Value

(JofA) - Top-notch billing practices can help CPAs ensure that they get paid an amount commensurate with the high-value, expertly delivered services they provide. Discounting and lowering fees put CPAs in jeopardy of being underpaid for their services.


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Lesson From The Tax Court: Emotional Distress Is Not Physical Illness 
(TaxProf Blog) - The Tax Code makes the same distinction. Section 104(a)(2) permits taxpayers to exclude damages recovered for objectively detectible physical injuries or physical sickness. But they may not exclude damages received for a sickness that is simply “all in their head.” The legal term for that idea is “emotional distress.”

Chaos Reigns in Corporate Tax Departments 
(CFO) -Both the buyers and sellers of corporate tax software need to recognize that we’ve now entered a world in which everything is intertwined.

Exceptional Fossil Preservation Suggests That Discovering Dinosaur DNA May Not Be Impossible 
(Forbes) - The dinosaur, called Caudipteryx, was a small peacock-sized omnivore with long tail feathers. It roamed the shores of the shallow lakes of the Jehol Biota in Liaoning province during the Early Cretaceous.

Oil Extends Gains as WTI Jumps Above $75 on Global Energy Crunch 
(Yahoo Finance) - Crude is rallying on signs that inventories globally are falling sharply, with demand hotting up ahead of winter and OPEC+ only slowly adding barrels back to the market.

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