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How to Help Your Clients Avoid - Or Survive - A Sales Tax Audit (CPA Practice Advisor) - Many small and mid-size businesses hire accountants and bookkeepers with the expectation theyâll help prevent an audit. Unfortunately, you canât guarantee your clients wonât be audited for sales and use tax. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Judgment Calls Stalk Revenue Recognition (CFO) - Non-cash and financing components could become brain busters under the new, principles-based revenue recognition standard. How to Tell if You Need a New iPhone Battery (PC Mag) - If your iPhone seems slow, but youâre not sure if itâs slow enough to warrant an upgrade, these steps may help you decide. Tax Reform Changes To Recharacterizations And Roth IRA 2018 Contribution Limits (Forbes) - The two main changes were to loan repayments to qualified plans and Roth IRAs. A small change was made to allow for a slightly longer period of time to pay back a loan from a qualified plan (i.e. 401(k) plan) ... Some Taxpayers Forgo Benefits Of Itemizing Due to Filing Costs (TaxProf Blog) - This paper uses a quasi-experimental design and a novel identification strategy to estimate the cost of filing income taxes. First, using U.S. income tax returns, I observe how taxpayers choose between itemizing deductions and claiming the standard deduction. Taxation | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Accounting Humor: Counting Your Dependents   |