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FASB Issues Accounting Standards Update on Service Concession Arrangements (Journal of Accountancy) - In a new accounting standard issued Tuesday, FASB hopes to provide clarity on how an operating entity determines the customer of the operation services for transactions ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES The Big Lie About S-Corporations (CPA Practice Advisor) - I was part of the big lie, which was that every new business needed to be taxed as an S-Corporation. States Struggle in Taxing the Sharing Economy (Accounting Today) - Although millions of Americans are using âsharing economyâ services such as Uber and Airbnb, states are struggling to apply existing tax laws to these technologies. Mom-and-Pop Joints Are Trouncing America's Big Restaurant Chains (Bloomberg) - Thereâs a limit to unlimited breadsticks after all. Americans are rejecting the consistency of national restaurant chains after decades of dominance in favor of the authenticity of locally owned eateries, with their daily specials and Momâs watercolors decorating the walls. The Complete Guide To Finances After College Graduation (Forbes) - So you finally collected your sheepskin and are ready to join the adult world. How on earth will you handle your money? | TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  Parks and Rec Accounting Jokes   |