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Lesson From The Tax Court: Know The Difference Between IRAs And 401(k)s
(TaxProf Blog) - The type of retirement plan can make a huge difference to the treatment of early withdrawals. That is the lesson from last week’s case of Lily Hilda Soltani-Amadi and Bahman Justin Amadi v. Commissioner...
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Corporate Biz 101: A Refresher Course on Legal Structures for Business Clients
(CPA Practice Advisor) - Besides the tax implications, choosing a business structure affects your clients’ abilities to get credit and funding, their personal liability exposure and more. Here’s a quick rundown on each legal structure:
The Tech Industry Wants to Kill the Password. Or Does It?
(How-to-Geek) - Some people can’t stop talking about the death of the password. Passwords are old, insecure, and easily leaked. Soon, we’ll all be using biometrics, hardware security keys, and other futuristic solutions—right? Well, not so fast.
The Benefits of a ‘Decomposed’ Approach to Group Audit Planning
(JofA) - The research shows that when key planning decisions are based on a “decomposed” risk assessment approach rather than a “holistic” approach, audit quality is improved because the auditors plan the engagements with a greater focus
16 Worst Things to Buy at Warehouse Clubs
(Kiplinger) - When time is short and your shopping list is long, it can be tempting to make a single stop at the warehouse club. After all, Costco, Sam's Club and BJ's stock everything from groceries and cleaning supplies to electronics and clothing...
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Parks and Rec Accounting Jokes