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Lesson From The Tax Court: The Power Of The Form 872 Waiver
(TaxProf Blog) - Inman is a case where the partners, but not the partnership, had signed a Form 872 waiver for their 2000 tax year (Consent to Extend the Time to Assess Tax). The IRS issued a FPAA to Inman Partners.
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From Artificial Intelligence to Accounting Intelligence
(Accounting Today) - AI has made its way into finance, and specifically, accounting departments. As an accounting professional, you may wonder how these technologies impact finance functions and workflows,
Top 5 Virtual Communication Apps for Remote Accountants
(Going Concern) - With the wealth of virtual communication app options available, how do you know which ones to choose? We spoke with some of the leaders in the cloud accounting industry to get their take, then combined it with our own research and expertise to compile the following list.
Companies with Biggest Lease Obligations Face New Accounting Standard
(Accounting Today) - Walgreens, CVS and AT&T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new report that ranks Fortune 1000 companies by their leasing obligations.
Half of U.S. Homes Finally Pass Pre-Recession Value
(CPA Practice Advisor) - In places that have seen some of the strongest growth since the market crashed, nearly every home is now more valuable than it was during the boom years.
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