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Lesson From The Tax Court: §6672 Trust Fund Recovery Penalty Is Really A Penalty ... Sort Of
(TaxProf Blog) - “Trust Fund Taxes” are those taxes that are paid by the taxpayer to an intermediary who, after collecting the tax, is then supposed to forward it to the government... Two of the most important trust fund taxes are collected by employers from their employees.
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Technology Touchstones for 2020 Increase Security and Monitor Activity
(CPA Journal) - When hackers attack a CPA firm, it can impact the firm’s data, but more importantly, it can expose clients’ sensitive financial data. A business’s ability to react and recover is crucial in limiting the damage and saving its reputation.
How to Increase Trust Between Suppliers and Buyers
(CPA Practice Advisor) - In manufacturers’ dealings with suppliers, trust is important. Contracts can enforce basic rules and expectations, but the relationships work most effectively when each side has a basic level of trust in the other.
Is This an Ad? Google's Search Redesign Makes It Hard to Tell
(PC Mag) - A main complaint is how the new layout makes it harder to distinguish between ads and organic results at a glance. Google says it will make further tweaks to avoid confusion.
Why Audit Firm Leaders Need to Practice What They Preach
(JofA) - Firm leaders can improve audit quality by modeling the behavior they say they value, according to a new study performed with the backing of the AICPA Assurance Research Advisory Group.
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Kobe Bryant's 81 Point Game