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Lesson From The Tax Court: Drafting Error Costs Client $16 Million Deduction
(TaxProf Blog) - Tax statutes and tax regulations mostly use words to talk about numbers. One of the basic lessons I must teach students is how to read numerical formulas that are expressed in words.
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Final Rules Determine Maximum Vehicle Values
(JofA) - The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described in Regs. Secs. 1.61-21(d) and (e), respectively, to align the limitations on the maximum vehicle fair market values (FMVs) for use of these special valuation rules...
Google Maps Turns 15: Here are 15 Tips to Get the Most Out of the App
(USA Today) - Google Maps turns 15 this week, and many of the 1 billion-plus people who turn to Google’s app globally each month do so for more than navigation guidance. Chances are, you're among them, even if most of your time in Maps is spent figuring out how to get from point A to point B.
5G Will Change the Way You Work From Anywhere
(Inc.) - Ultra-fast wireless Isn't just for mobile phones and gaming. It will also transform the way we work.
British Airways Flight Crosses Atlantic in Record Time
(Fox Business) - The fight landed early Sunday morning at Heathrow Airport in London after leaving John F. Kennedy International Airport in New York just four hours and 56 minutes earlier.
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Young CPAs Tell Their Favorite Accounting Jokes