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Lesson From The Tax Court: Remember The Alamo (TaxProf Blog) - This is a case worth remembering for at least two reasons. First, it teaches a lesson about how sticking to your guns can get very expensive because of the accumulation of penalties and interest. No matter how hard to work to contest a tax, penalties and interest work harder. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Income Tax Penalties Can Add Up (CPA Practice Advisor) - All in an effort to minimize filing fraudsters, the IRS has accelerated major information form filing. And to drive home their emphasis, the IRS has drastically increased penalties. How to Tether Your Android Phone and Share Its Internet Connection with Other Devices (How-to-Geek) - Tethering is useful when youâre somewhere where and donât have Wi-Fi access, do have cellular data access, and want to do something on your computer instead of your phone. But you may pay extra for the convenience. IRS Warns Against False Reports on Filing Season Start Date (Accounting Today) - The Internal Revenue Service is waiting to see what Congress does with tax legislation. What 5,000 Year Old Tablets Tell Us About the Future of Accounting (Fortune Herald) - Once upon time, âaccounting in the cloudsâ would have sounded more like a knock-off Beatles song than actual reality. Now, weâve become used to this sophisticated technology. Developments in FinTech have meant that, in the world of modern accounting, the sky is no longer the limit. Taxation Accounting/Audit | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Accounting Humor: Counting Your Dependents   |