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Improvements Are Needed in the Estate and Gift Tax Return Examination Process
(CPA Practice Advisor) - The Internal Revenue Service (IRS) needs to make improvements in the classification, prioritization, and inventory assignment processes for the Estate and Gift Tax Return Examination Program, according to an audit report from the Treasury Inspector General for Tax Administration (TIGTA).
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Ending the State, Local Tax Deduction is Up for Negotiation, Cohn Says
(Accounting Today) - President Donald Trump is open to negotiating on the deduction individuals take for state and local taxes, his top economic adviser Gary Cohn said...The deduction is used extensively in high-tax states like New York, New Jersey and California.
How to Use Low Power Mode on an iPhone (and What Exactly It Does)
(How-to-Geek) - Your iPhone has a “Low Power Mode”, which you’ll be prompted to activate it when your phone reaches 20% battery. However, you can enable it before that point to stretch your battery life further. Starting with iOS 11, you can also activate Low Power Mode right from the Control Center.
Accountants Optimistic on Economy, Business Prospects and Job Growth
(CPA Practice Advisor) - There is reason to be optimistic about job growth and an upward trend in the near-term economy, according to those assigned with keeping a close watch on financial data.
How Accounting Employers Can Recruit and Keep Good People
(JofA) - Paul McDonald, Robert Half's senior executive director, said in a telephone interview that accounting and finance is a candidate-driven marketplace, and he expects it to remain that way throughout 2017 and into 2018.
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