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IRS Fell Short on Verifying W-2 Info Before Issuing Refunds (Accounting Today) - The Internal Revenue Serviceâs efforts last year to safeguard against identity theft by asking employers to file W-2 forms earlier and holding tax refunds longer if taxpayers claimed the Earned Income Tax Credit or the Additional Child Tax Credit... ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES What CPAs Should Know About Controlled Groups (California CPA) - Accountants who advise business owners should be aware that controlled group or affiliate service group status can derail otherwise careful benefit plan designs and have other, unintended consequences under federal laws, including the Affordable Care Act. Technologies Driving Remote Auditing (CPA Practice Advisor) - On-site auditing has been the customary default since the dawn of accounting. Itâs worked reasonably well, though time and cost considerations â both from the company and firmâs vantages.. 7 Revenue Recognition Issues Exposed by FinREC (JofA) - The AICPA Financial Reporting Executive Committee sought public comment on seven new revenue recognition implementation issues to be added to the AICPAâs revenue recognition guide. US Economy Added 200,000 Jobs in January Wage Growth Best Since 2009 (Fox Business) - U.S. employers beat expectations for an increase of 180,000 jobs after December's disappointing reading. The unemployment rate held steady at 4.1%, a 17-year low. Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  10 Longest Tunnels In The World   |