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How to Obtain Rescission of a 90-day Letter (JofA) - Many practitioners have reported that they are receiving 90-day letters in CP2000 (underreported income) cases and correspondence exams after timely submitting substantiation documents but before the IRS has considered the response. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES When Does Tax Freedom Day Arrive in Your State? (TaxProf Blog) - Americans will pay $3.5 trillion in federal taxes and $1.6 trillion in state and local taxes, for a total bill of more than $5.1 trillion, or 31 percent of the nationâs income. Survey Shows Doubt on Value of Mandatory Auditor Rotation (CPA Practice Advisor) - Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation â whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement partners. A Dying Man's Lost Recipe Made His Daughter a Multimillionaire (Bloomberg) - When Hiroe Tanakaâs father died, he left behind something that would change her life: a recipe for fried meat on a stick. It was an act of love. His daughter adored the Japanese street food known as kushikatsu.. The Best External Hard Drives of 2017 (PC Mag) - Did you know that a 2-terabyte portable drive that slides in your pocket costs well below $100 these days? Here's a look at our top-rated hard drives across a span of capacities, prices, and capabilities. Taxation Accounting/Audit | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  MLB Sliding Balls   |