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How IRS Audits Can Become Criminal Investigations (Forbes) - Most criminal tax cases come out of plain old civil audits, and that fact alone is frightening. If an IRS auditor discovers something suspicious in a civil audit... ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES What Economic Nexus Means for Remote Sales (CPA Practice Advisor) - With sales tax revenue dropping due to an increase in untaxed (but not exempt) internet and catalog sales, a growing number of states have created economic nexus laws. U.S. Housing Starts Unexpectedly Fall for Second Straight Month (Business Insider) - U.S. homebuilding unexpectedly fell in April amid a persistent decline in the construction of multi-family housing units and a modest rebound in single-family projects, pointing to a slowdown in the housing market recovery. The 10 Best Edge Extensions So Far (PC World) - The catalog for Edge extensions isn't huge, but it's still got some helpful tools to enhance your web browsing. A Little-Known Accounting Change Could Have a Big Impact (NY Times) - It's a new accounting rule promulgated by the Financial Accounting Standards Board, known as FASB. The rule, with the blandly mellifluous title âFinancial InstrumentsâOverall: Recognition and Measurement of Financial Assets and Financial Liabilities.... Taxation Accounting/Audit | TOP 5 MOST READ
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