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August 9, 2019

DAILY BRIEFING

Inside the Insynq attack: ‘We had to assume they were listening’

By Daniel Hood 6 min read

The cloud hosting provider’s CEO shared details about a recent ransomware attack, and the company’s response.

Tax Fraud Blotter: A lot of baloney

By Jeff Stimpson 7 min read

Different kind of bracelets; Bentleys and a rinse; ministry of fraud; and other highlights of recent tax cases.

Democrats blast proposal to boost capital gains tax break

By Michael Cohn 4 min read

A group of 42 Senate Democrats has sent a letter to Treasury Secretary Steven Mnuchin, urging him to refrain from unilaterally cutting capital gains taxes without congressional approval.

Companies find lease accounting more challenging than expected

By Michael Cohn 2 min read

Both public and private companies are underestimating the challenges of transitioning to the new lease accounting standard, according to a new survey.

ESG: A market challenge with a market solution

By Madelyn Antoncic 7 min read

Investors are increasingly incorporating environmental, social and governance considerations into their investment decisions.

U.S. corporate-tax cuts fail to boost investment, IMF blog says

By Sarah McGregor 3 min read

The Trump administration’s tax cuts have had little direct impact on business investment decisions, according to an analysis by the International Monetary Fund.

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Uber created a $6.1B Dutch weapon to avoid paying taxes

By Lynnley Browning and Eric Newcomer 6 min read

Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come.

Sales tax holidays affected by Wayfair

By Michael Cohn 4 min read

There’s a new wrinkle in the annual wave of tax breaks that arrive in states around the country every summer during back-to-school sales.

Opportunity zone investments bring bigger tax breaks if finalized this year

By Michael Cohn 9 min read

Real estate investors who want to maximize the return on investment will reap extra tax breaks this year, but still need to be cautious.

All aboard the data train

By Tony Klimas 6 min read

As innovative technologies converge with algorithmic-driven data analytics, the ways industries function and business is conducted will be radically different.

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The Efficiency Advantage

Learn how to drive efficiency, expand into new markets & deliver a virtual office with the cloud.

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RESOURCES

WEB SEMINAR

Taking tax prep to the Cloud for firm success, profitability and a better work/life balance

In this 2nd panel discussion as part of our Maximize Performance Webinar Series, we’ll take a look at how moving your tax preparation, compliance and workflow process to the cloud can help you strengthen firm performance across the board.

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2018 tax extension guide →

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Payroll and the New Back Office →

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