IRS Says Tax Preparers Are Required to Have a Written Security Plan (CPA Practice Advisor) - Federal law requires tax preparers to create and follow a written information security plan to protect their clientsâ data. The IRS, state tax agencies and the tax industry are reminding tax professionals of these requirements as a part of their security summit.
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Clients Beware: 7 Tax Scams to Watch Out for in 2020 (Accounting Web) - Each year, thousands of people lose millions of dollars, not to mention their personal information, in these schemes. Typically, the new scams are variations on old themes but are even slicker than before and harder to detect.
The Top 100 People: Personal Accomplishments (Accounting Today) - As part of this yearâs Top 100 Most Influential People survey, Accounting Today asked, âDo you have a major personal accomplishment that youâre particularly proud of?â
Humpty Dumpty Meets the Tax Code (Pod Cast) (JofA) - In this episode, recorded at the recent AICPA National Tax Conference in Washington, D.C., tax professor and AICPA volunteer tax advocacy leader Annette Nellen, Esq., CPA, CGMA, walks us through four recent decisions by the U.S. Tax Court to show how the precise application of a word or phrase can make a world of difference.
The 5 Best Smart Home Hubs (Review Geek) - Every smart home needs a brainâa single unit that can tie all the smart devices together and provide a single source of control. Choosing a smart home hub can be difficult. Whatever you choose opens up some possibilities, and closes others.