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The Tax Blotter - New Year's Eve Edition
(CPA Practice Advisor) - Although you can’t deduct the cost of commuting back and forth from work, the tax law provides various benefits associated with driving your vehicle. Following are some new developments affecting mobile taxpayers.
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10 Lessons to Prepare Your Firm for the Future
(Accounting Today) - Most of the organizational processes that are connected to leadership and management were invented and created in the early years of the 20th century by people that were born in the 19th century.
Test Your Knowledge of 2018 Accounting News
(JofA) - The accounting news scene was a bit quiet in 2018. After issuing several high-profile new standards in the previous few years, FASB concentrated more on helping preparers implement the revenue recognition, lease accounting, credit losses, and hedge accounting standards this year.
IRS Slaps 100% Penalty On Employment Tax Problems
(Forbes) - If you have employees, paying employment taxes is inevitable. You withhold taxes from employee pay and send it to the IRS. You never want to become delinquent in paying taxes, especially employment taxes.
Chromebooks May Soon Be Able to Dual Boot Windows, Here’s What We Know So Far
(How-to-Geek) - Chromebooks have always been great if you can do your work with web apps (and now Android and Linux apps). But most people still find themselves keeping a separate Windows machine for specific tasks. That might change soon.
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Ball Drop Y2K