Missing Pieces for a Home Office Deduction (Accounting Today) - The case, Christopher C.L. Ng MD, Inc. APC v. Commissioner, T.C. Memo 2018-14, illustrates what was missing to prove a bona fide rental arrangement...
Companies See Need to Manage Risks, But Theyâre Slow to Act (JofA) - While there has been progress, thereâs still some work to do for many companies, according to an annual survey released Tuesday by North Carolina State University and the AICPA.
A Curveball From the New Tax Law: It Makes Baseball Trades Harder (NY Times) - The law changed a corner of the tax code that mostly applies to farmers, manufacturers and other businesses that until recently could swap certain assets like trucks and machinery tax-free.
Fed Eyes Interest Rate Hike as Market Holds Breath (Fox Business) - The Federal Reserve is expected to hike interest rates for the first time in 2018 when officials wrap up a two-day policy meeting Wednesday.
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