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Lesson From The Tax Court: The Misunderstood Trust Fund Recovery Penalty
(TaxProf Blog) - The tax code imposes on several groups of persons the responsibility to collect, account for and pay over to the government various taxes imposed on other persons. These are known as "trust fund" taxes because §7501(a) says that the money so collected is held in trust for the United States until it is paid over.
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Technology Issues to Consider in Lease Accounting
(JofA) - With the new Financial Accounting Standards Board (FASB) lease accounting standard — Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), many companies are grappling...
5 Security Questions for Your Online IRS Compliance Provider
(Accounting Web) - When accountants ask IRS compliance providers if their site is secure the answer will always be “Yes,” leaving them less than enlightened on the accuracy of that answer.
New York, Connecticut Taxpayers Have Plan B Options to Beat SALT
(Accounting Today) - Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.
The Best Laptops: Premium Laptops, Cheap Laptops, 2-in-1s, and More
(PC World) - Our top picks feature the best tech advances in portable PCs, from new CPUs and GPUs to new materials.
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