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IRS Dispute: When Does Placed in Service Start for Depreciation Purposes?
(CPA Practice Advisor) - Can a business claim depreciation for a retail store before it is actually “open for business” to the public? According to a case decided by a district court in Louisiana, it’s possible...
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Worthless Debt Claims Rejected
(JofA) - Purported loans to a startup are ruled equity; a worthless debt claim is held inapplicable.The Tax Court concluded that a taxpayer was required to pay taxes and interest on income resulting from the disallowance of more than $10 million...
The Definitive List of Google Search Easter Eggs
(PC Mag) - But here's another thing about the Google dev team: They're huge gigantic nerds. We know this by the trail of Easter eggs they leave behind. There are all sorts of little pranks hidden throughout the greater Google-verse.
5 Ways Bluetooth 5 Will Drive the Internet of Things
(Computer Weekly) - Bluetooth has come a long way since the days of flashing blue lights and embarrassing ear-wear.
OPEC Sees a World That Still Has Too Much Oil
(Bloomberg) - The oil market is tipping slowly from glut to equilibrium, as output cuts from OPEC and 11 non-OPEC countries start to reduce crude flows.
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How it Should have Ended: Beauty and the Beaast