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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 week’s 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 Incorporate a Business in a Different State
(CPA Practice Advisor) - Many of your clients may be wondering about incorporating their businesses in a different state from where they are based.
Five Examples of What Does and What Doesn’t Work at Accounting Firms
(Accounting Web) - For the past 24 years I have coached Accounting firms ... Getting so intimate with the profession means I’ve seen a lot of what does work and a lot of what doesn’t. To narrow it down to ‘the BIG 5’ of each is hard, but here goes….
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 “hack” your accounts. This is why you shouldn’t reuse passwords.
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"Weird Al" Yankovic - The Saga Begins