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Payroll Matters to U.S. Tax System (American Payroll Association) - The 2017 IRS Data Book reports that, of the $3.42 trillion that was paid into the Treasury in FY 2017, $2.39 trillion was transmitted by employers for employment taxes. This represents 70% of all federal revenue. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES The Best Free Screenshot Apps for Windows (How-to-Geek) - There are many ways to take screenshots on Windows. Windows 10 itself has quite a few built-in screenshot tools, and there are some excellent free options out there if you want more features. Here are all the best ones screen capture utilities. Should You Ditch The SEP-IRA For The Better Solo 401(k)? (Forbes) - For years, the SEP-IRA was considered the go-to choice for self-employed folks to slash their tax bills and save for retirement. New Accounting Standards Require Subscription Businesses to Act Now (Accounting Today) - Beginning in fiscal 2018-2019, public and private companies of all sizes must adopt the new guidelines, which require recognizing an amount of revenue proportionate to the goods and services actually transferred to customers during the reporting period. No More Tax Deductions for Bad Actions (CFO) - The Tax Cuts and Jobs Act (TCJA) enacted two provisions that will, in many cases, disallow tax deductions for all or part of the payments to settle these types of controversies and will no longer permit companies to write off investigative costs. Accounting/Audit |  TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  How Star Wars The Last Jedi Should Have Ended   |