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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 6 Tips to Carry the Summer Heat Through the End of 2018 (CPA Practice Advisor) - With unemployment currently at the lowest it has been in 18 years, it comes as no surprise there is a shortage of skilled talent. However, running a successful accounting firm at optimal efficiency... U.S. Companies Repatriated $169.5B in Q2 (Accounting Today) - U.S. corporations are required to pay a one-time tax on their offshore profits, but donât expect those stockpiled funds to come onshore quickly -- or ever. Trump Set to Tap Former Top Fed Aide to Central Bankâs Board (Politico) - President Donald Trump announced he intends to nominate Nellie Liang, a 31-year veteran of the Federal Reserve staff, to an open seat on the central bankâs board. The Best Digital Cameras of 2018 (PC Mag) - Want better photos than your phone can provide? We test and rate hundreds of cameras and lenses each year, ranging from pocket-friendly shooters to high-end medium format systems. Here's everything you need to know to pick the best digital camera for you. Taxation Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  The Most Expensive Mistakes   |