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Reverse Like-kind Exchanges Get Tax Court Approval
(JofA) - The Tax Court's recent decision in Estate of Bartell, 147 T.C. No. 5 (2016), alleviates some of the uncertainty that taxpayers and practitioners face when structuring a reverse like-kind exchange intended to qualify for nonrecognition treatment under Sec. 1031.
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Businesses Increasing Professional Development and Education Budgets
(CPA Practice Advisor) - "Professional development goes beyond a simple training curriculum or individual performance improvement," said Tim Hird, executive director of Robert Half Management Resources.
The 8 Biggest Mistakes Accountants Make
(Accounting Today) - Successfully avoiding mistakes is a key to practice growth, particularly those mistakes that can hinder client retention and new client acquisition – universal concerns of the accounting profession.
Innovation Showcase: CPA Employers on the Cutting Edge
(JofA) - Completely virtual workplaces. Flat hierarchies. Employees who set their own hours. Vacation stipends. Silicon Valley? Not quite. Meet seven employers that have radically rethought the ways they relate to their CPAs and are reinventing the accounting workplace.
How to Defend Yourself Against the WannaCrypt Ransomware Attack
(ZD Net) - All the malware's attack vectors and infection spreads are not yet known, but we do know how to protect vulnerable systems.
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Arches National Park