 |
|
| |
Our Most Read Story of 2018: Do Not Ignore IRS Form 1099-C - It Will Not End Well (Forbes) - Pay attention. This is one of my posts with an important lesson rather than an entertaining story. The lesson comes from a Tax Court decision - TCM 2018-140. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES New Opportunities Can Create New Revenue Streams (CPA Journal) - The IRS reports that approximately 70% of taxpayers have taken the standard deduction on their federal income tax return in recent years. Under the Tax Cuts and Jobs Act of 2017 (TCJA), that figure may rise to over 90%, Hourly Earnings Increased by 2.49% in 2018 (CPA Practice Advisor) - "With the positives of a strong economic environment and the prospects for growth under tax reform, small employers were challenged throughout 2018 with job growth due to the difficulty of recruiting employees given the historically low rates of unemployment," The Moon Has a Far Side, not a Dark One (The Verge) - Oh hey, Pink Floyd...This side of the Moon is distant and mysterious, but, despite pop culture references to the contrary, it isnât always dark. China Says it Will Step Up Support for the Economy (CNBC) - Beijing will also step up "counter-cyclical adjustments" of macro policies and further cut taxes and fees, Li said, largely reiterating previous policy pledges. Taxation Accounting/Audit |  TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  Bears in the Pool   |