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IRS Issues Tax Guidance On Discharged Student Loans
(Forbes) - The Internal Revenue Service (IRS) has issued guidance for some taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school. The guidance offers relief for students whose loans have been discharged by the Department of Education and who meet specific criteria.
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Whistleblower Protections for Accountants and Tax Professionals Bolstered by New Law
(Accounting Today) - In a healthy workplace culture, dissent is tolerated and indeed encouraged. But where an accountant, tax professional or tax attorney suffers retaliation for raising concerns about tax fraud or violations of IRS regulations, does the worker have a remedy?
The Costly Danger of Putting Extra Money in Your IRA
(Kiplinger) - Uncle Sam will sock you with an annual penalty until you fix your mistake.
How to Fix the Most Annoying Things in Windows 10
(PC Mag) - Windows 10 is great, but it has its issues, from unpredictable reboots to Cortana. Here's how to fix some of the more irritating quirks with Microsoft's latest operating system.
‘Gifts’ to Clergy May be Remuneration
(JofA) - In its recent opinion in Brown, T.C. Memo. 2019-69, the Tax Court considered whether amounts a clergyman and his wife received were nontaxable gifts or whether the payments crossed the line into taxable income.
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Accounting Humor: Counting Your Dependents