 |
|
| |
Lesson From The Tax Court: Drawing The Line (TaxProf Blog) - Tax law often involves line drawing. Doyle v. Commissioner, T.C. Memo. 2019-8 (Feb. 6, 2019) (Judge Holmes) teaches two line-drawing lessons, one about the §104(a)(2) exclusion for payments received on account of physical injury and the other about âabove-the-lineâ vs. âbelow-the-lineâ deductions. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Prepping a Practice for Sale (Accounting Today) - Almost two decades ago, in the heyday of firm consolidation, giants such as American Express gobbled up several firms a month â and not all of them were large. Many were small, local firms just ripe for the picking. IRS Finalizes Centralized Partnership Audit Regulations (JofA) - The IRS on Friday issued final regulations (T.D. 9844) that implement the centralized partnership audit regime that now governs partnership audit procedures. How to Use Logical Functions in Excel: IF, AND, OR, XOR, NOT (How-to-Geek) - Logical functions are some of the most popular and useful in Excel. They can test values in other cells and perform actions dependent upon the result of the test. This helps us to automate tasks in our spreadsheets. Just Two Cities are in Recession. Who's Unhappy? Elmira, New York and Danville, Illinois (USA Today) - Thatâs good news: It means the U.S. economy is so strong that it has lifted even the handful of the 400 metro areas that were floundering. In 2018, the economy grew a healthy 3 percent and generated an average of 223,000 jobs a month. Taxation Accounting/Audit |  TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  Big Bang Theory Accountants   |