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IRS Audit Rate On The Rich Collapses (Forbes) - For the highest income taxpayersâreturns showing adjusted gross income of $10 million or more--the audit rate dropped from 14.52% in 2017 to just 6.66% in the latest report. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES How the CPA Continuing Education Game is Changing (JofA) - A recent experiment with advisory services personnel of a top-20 CPA firm provided a glimpse of what continuing professional development might look like in the not-too-distant future. SEC Approves Audit Exemption for Smaller Firms (CFO) - Requiring smaller companies to have their internal controls audited "may not be an efficient way of benefiting and protecting investors." How to Save Battery Life on Your Phone (PC Mag) - Tired of constantly charging your iPhone? These Apple iPhone battery tips and tricks will help get you through the day without a charge. Blue States Warned of a SALT Apocalypse. It Hasnât Happened (Bloomberg) - New York, in fact, saw revenue rise $3.7 billion in April from a year earlier, thanks to a shift in timing of taxpayer payments, a stock market that rallied through much of 2018 and a decade-long economic expansion Taxation Accounting/Audit |  TOP 5 MOST READ
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