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IRS and Treasury Plan Crackdown on SALT Deduction Workarounds
(Accounting Today) - In recent months, high-tax states such as New York, New Jersey, California and Connecticut have either passed or proposed laws allowing taxpayers to make payments to state-controlled funds in lieu of taxes as a way to get around the limits.
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IRS Will Issue Guidance On Tax-Reform-Inspired SALT Transactions
(Forbes) - Some states have proposed variations on state and local charitable funds or trusts which would accept payments from taxpayers in satisfaction of state and local tax liabilities.
Why Compliance is a CPA’s Competitive Weapon for 2018
(CPA Practice Advisor) - As economies, businesses, and people progress through innovation, so must accountants adapt to the evolving role of finance. The days of the one-dimensional CPA number cruncher are long gone.
Automation and Your Clients – Part 1
(Accounting Web) - What is automation -- or digitization -- and how is it different from artificial intelligence? This concept is not new to business and has been gradually growing since the first PC sat on a wooden desk in some office.
The Endless Scroll: How to Tell if You're a Tech Addict
(PC Mag) - Don't let your apps, games, and smartphone control you. Once you understand what's happening in your brain while you use technology, you can do something about it.
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Lake O'Hara Alpine Circuit, Yoho National Park, BC, Canada in 4K (Ultra HD)