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Lesson From The Tax Court: No Relief For Miscalculating ACA Premiums
(TaxProf Blog) - A pair of cases over the past few weeks teach a lesson about the Affordable Care Act (ACA) premium assistance tax credit calculations.
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XBRL Costs for Small Companies Have Declined 45%, According to AICPA Study
(CPA Practice Advisor) - Since 2009, public companies have been required by the U.S. Securities and Exchange Commission (SEC) to report their financials in XBRL format.
The Fastest Free Nationwide Wi-Fi of 2018
(PC Mag) - Many coffee shops, restaurants, and retail stores in the US offer free Wi-Fi, but the quality of that connectivity can vary. We analyzed thousands of crowdsourced tests to show you the best places enjoy the internet while you eat, drink, and shop.
IRS Offers Initial Guidance on Executive Compensation Rules
(Accounting Today) - The Internal Revenue Service provided initial guidance Tuesday on how to deal with the rule changes surrounding the executive compensation deduction after passage of the Tax Cuts and Jobs Act last year.
Stop Me If You’ve Heard This One Before: FRC Reprimands KPMG U.K. for Crappy Audit
(Going Concern) - The U.K. accounting watchdog fined KPMG £2.1 million ($2.7 million) on Aug. 20 following the Big 4 firm’s admission of misconduct on the audit of fashion company Ted Baker Plc’s financial statements in 2013 and 2014, according to a Bloomberg report.
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The CPA Players Present: The Silence of the Lambs