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Divorced Taxpayer Gets Win In Court Over Money She Didn’t Get To Keep
(Forbes) - But, she added, “even Justice Holmes would likely agree that it is uncivilized to impose taxes on citizens for income they did not ultimately receive. But that is precisely the result the government asks us to uphold today.”
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CFOs Expanding Role in Management
(CPA Practice Advisor) - A notable development in corporate governance over the past two decades is that chief financial officers have considerably expanded their role in management, in many instances assuming the additional position of chief operating officer.
Unanimous Supreme Court: State Cannot Tax Out-Of-State Beneficiary On Undistributed Trust Income
(TaxProf Blog) - Joseph Lee Rice III formed a trust for the benefit of his children in his home State of New York and appointed a fellow New York resident as the trustee. The trust agreement granted the trustee “absolute discretion” to distribute the trust’s assets to the beneficiaries.
When choosing technology, put clients first
(JofA) - Evan Carroll, an author and the founder of Evan Carroll and Associates, shares his philosophy for choosing the technology that can help you improve relationships with your clients.
Toys R Us Back From The Dead
(Bloomberg) - Defunct chain said planning small-scale comeback by Christmas.
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Parks and Rec Accounting Jokes