A Behind-the-scenes Look at the CPA Exam (AICPA Blog) - The process of developing, reviewing and ultimately approving an exam question is rigorous. A question could go through as many as 20 reviews with 20-30 different people before it appears on your exam.
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Lesson From The Tax Court: Underwater Debtors (TaxProf Blog) - This weekâs case looks at the other side of the transaction to teach a lesson about what constitutes debt. Section 166 allows a lender who gives up trying to get back borrowed money to deduct the bad debt.
How to Check if Your Password Has Been Stolen (How-to-Geek) - Many websites have leaked passwords. Attackers can download databases of usernames and passwords and use them to âhackâ your accounts. This is why you shouldnât reuse passwords.