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Lesson From The Tax Court: Telling Stories (TaxProf Blog) - The IRS eventually audited and disallowed the losses under the hobby loss rules. So the taxpayer tried to sell the Tax Court on a story of profit-making activity. In his usual airy, pun-filled, style, Judge Holmes explained why the taxpayerâs story didnât fly. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES A Robot Walks into a Bar, Doesnât Get the Joke: Struggling to Teach Humor to AI (LA Times) - Linguists and computer scientists say this is something to consider: Humor is what makes humans special. When people try to teach machines whatâs funny, the results are at times laughable but not in the intended way. Talking to Clients About Tax Extensions (MACPA) - As CPAs, we know how to navigate challenging filing seasons. One of those maneuvers is to file tax extensions on behalf of some of our clients. 7 "Gotchas" for Data Engineers New to Google BigQuery (CPA Practice Advisor) - Everywhere you look these days, IT organizations are looking to the cloud to solve their data storage, movement, and analytics challengesâ¦and with good reason! Cloud services from Amazon, Google, Microsoft and others have revolutionized how we think about data, Lease Accounting: A Private Company Perspective (JofA) - Private companies implementing new lease accounting rules can expect a complex transition and a substantial financial statement impact. Taxation Accounting/Audit Business News |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Furthest Baseballs Ever hit   |