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Couple Loses Over $7,000 Tax Refund From Being Two Days Late
(Forbes) - I hate it when people lose out by barely missing a deadline. A recent decision in the Western District of Wisconsin has an important lesson about deadlines. The lesson is that if you are going to rely on special rules to cut things close, you better understand how the rules apply.
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Art of Accounting: Preparing for a Client Meeting
(Accounting Today) - I always prepare for client meetings. Sometimes I overprepare because I don’t want to be unprepared and also because I want to control the pace, direction and timing of the meeting.
Lesson From The Tax Court: A Practical Interpretation Of The Penalty Approval Statute § 6751
(TaxProf Blog) - Section 6751 is a poorly written statute that has caused no end of headaches for taxpayers, the IRS and the Tax Court. It requires supervisory approval of tax penalties at some point before those penalties are assessed. But that statute does not say at what point.
Hackers, Counterfeits, and Way Too Much Email: All the Tech Worries Keeping CEOs Awake at Night
(Inc) - For CEOs, technology is a both a necessity and a headache. A new Inc. survey looks at how they manage the tech that helps run their businesses and their personal lives--and their relationship with it all.
A 2020 Global Auditing Forecast
(CPA Journal) - In the Big Audit model—by which the world's large public companies engage the international networks of the Big Four to provide financial statement assurance for…
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