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IRS extends due dates for PPACA forms and penalty relief
(Journal of Accountancy) - Because a substantial number of employers, insurers, and other providers of health coverage need more time to gather and analyze the information, the IRS announced extended due dates for those forms (Notice 2016-70).
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Several States Approve New Sales Taxes
(CPA Practice Advisor) - While the focus in the latest general election has been the presidential race, there were plenty of local ballot issues that will affect small businesses in a very personal and immediate way.
The 8 Commandments Of Making Immediate Financial Changes In Your Life
(Forbes) - Committing to making a financial change is a lot easier said than done. If you’re someone who is used to spending without checking their bank account, and has never prioritized savings, implementing financial discipline can shock your way of life.
Art of Accounting: Disparity in the Value of My Services
(Accounting Today) - Many times I have provided services that I believed had significant value to the client, but the client complained about the fee. His value centered on how little he would have to pay for it. This is always upsetting, but this poignantly came into focus a few weeks ago.
How Fake News Blew Up Into a Political Crisis for Facebook
(Bloomberg) - On the night of the U.S. presidential elections, one of Facebook’s former product designers turned to Facebook to vent. His claim: The social media platform may have helped inaccurate and partisan news stories reach more voters, setting the stage for Donald Trump’s victory.
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