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IRS Loses Lawsuit over PTIN Fees, Suspends PTIN System, May Be Forced to Refund Preparers
(Accounting Today) - A federal district court has ruled in favor of tax preparers who filed a class-action lawsuit against the Internal Revenue Service over its right to charge fees for Preparer Tax Identification Numbers.
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Federal Court Strikes Down PTIN Fees, Upholds PTINs
(JofA) - A federal district court held that the IRS has the authority to require tax return preparers to obtain preparer tax identification numbers (PTINs) but that it cannot charge a user fee for issuing PTINs.
Study Says Companies Not Ready for New Revenue Recognition Standards
(CPA Practice Advisor) - Many companies are not ready to implement the new revenue recognition standard by its 2018 effective date, and CFOs and CIOs are not fully aligned as to why.
What’s New in iOS 11 for iPhone and iPad, Arriving Fall 2017
(How-to-Geek) - iOS 11 is on its way, and Apple announced a number of new features and changes at WWDC 2017 this year. From improvements to Messages and Apple Pay to powerful multitasking and file management on the iPad, here are the best new features of iOS coming this fall.
How ot Give Retirement Accounts an Annual Checkup
(USA Today) - Most people wouldn't dream of going year after year without ever seeing a dentist for a checkup, whether or not they have any signs of trouble with their teeth.
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