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How HRâs Self-Service Shift Drives Payroll To Unlock Data (PYMNTS.com) - As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data â not only with banks, but with each other. That means financial functions beyond banking are taking advantage of application programming interface (API) data integrations, with productivity gains particularly large for business end-users of these products and services. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Goodbye California & High Taxes! Hello Residency Audit? (Forbes) - Californians like to complain about high taxes, and who can blame them? California may have more millionaires and billionaires, but the tax cost of living in the Golden State has always been high. Banks Expect Tighter Consumer Loan Standards (CFO) - Significant net shares of banks expect performance to deteriorate in 2020 for both credit card and auto loans to nonprime borrowers, according to the Fed. IRS Creates New, Large Print Tax Form for Seniors (CPA Practice Advisor) - The Bipartisan Budget Act of 2018 required the IRS to create a tax form for seniors. Taxpayers age 65 or older now have the option to use Form 1040-SR, U.S. Tax Return for Seniors. Form 1040-SR, when printed, features larger font and better readability. The Confidentiality of a Clientâs Tax Return Information Provisions Tax Preparers Must Remember (CPA Journal) - Internal Revenue Code (IRC) section 7216 and its lengthy regulations govern when a tax return preparer may disclose or use a taxpayerâs tax return information without first obtaining the taxpayerâs consent. Because it is a federal crime to violate section 7216 and its regulations, CPAs should familiarize themselves with these provisions. Taxation Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Whose Line is it Anyway - Greatest Hit - Songs of Accounting   |