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What Happens When You Are A Full Year Resident Of More Than One State (Forbes) - The beef that the Edelmans have is that they had to pay both Connecticut and New York income tax on the gain from the sale of their business (and probably some other income). ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES How Accounting Firms Can Overcome Staffing Challenges (Accounting Web) - Of late, finance and accounting companies have gone through some major changes to streamline their work processes. However, when it comes to quality staffing, they still struggle. Here are some major pain points: Retirement Plan Distribution Can Be Taxed Even When Check Isnât Cashed (Accounting Today) - The Internal Revenue Service issued a revenue ruling explaining what happens when a distribution check from a qualified retirement plan isnât cashed by the recipient and found that even when the check isnât cashed, it still counts as taxable income. How to Enable Google Chromes New Extensions Menu (How-to-Geek) - This Extensions menu will likely be enabled by default in the future, moving all extensions from Chromeâs standard â3-dot menuâ to this new menu. But you donât have to waitâyou can enable it today in the current stable version of the browser, Chrome 76. How To Use Market Volatility To Cut Clients' Tax Bills (Financial Advisor) - Up 500, down 600, up 800. Over the past six weeks, the stock market notched some of its broadest swings in recent memory. Itâs clear what a whipsawing Wall Street will do to returns and losses, but how can stockholders wring tax savings out of the ups and downs? Taxation Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Top Ten Things You Don't Want To Hear From Your Accountant   |