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Lesson From The Tax Court: Better Lucky Than Good (TaxProf Blog) - Most of us who are either preparing our returns last week (or today), or reviewing the returns prepared for us, honestly want to get it right. We try to be good. But just as life is complex, so is the tax shadow created by life activities and decisions. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES IRS Updates Inflation Adjustments for New Tax Law (Accounting Today) - The Internal Revenue Service updated Friday the tax year 2018 annual inflation adjustments to reflect changes from the recent tax reform law. How To Upgrade or Replace Almost Any PC Component (How-to-Geek) - Upgrading and replacing PC components can be a little tricky, but itâs something anyone can learn to do. Letâs take a look at how to choose and install those upgrades. How GDPR Will Impact US-Based Firm (CPA Practice Advisor) - If you pay attention to overseas regulations, the term GDPR has probably entered your consciousness. But what is it exactly? More importantly, can it potentially impact U.S. based firms? U.S. Retail Sales Rebound in Sign Consumer Weakness Fading (Bloomberg) - U.S. retail sales rose by more than expected in March in the first gain in three months, suggesting consumer demand regained steam on the back of tax cuts and refunds. Taxation Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Parks and Rec Accounting Jokes   |