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Tax reform stumbling block: Individuals vs. businesses (Accounting Today) - The biggest surprise in the Unified Tax Reform Framework released last week was the retreat over individual tax cuts, according to Dustin Stamper, director in Grant Thorntonâs Washington National Tax Office. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Trump on Puerto Rico debt: 'We will have to wipe that out' (CNN Money) - President Trump on Tuesday raised the prospect of wiping out hurricane-ravaged Puerto Rico's crushing debt load. "They owe a lot of money to your friends on Wall Street. 20 revenue recognition working drafts issued by FinREC (Journal of Accountancy) - Considerations for implementation on 20 issues related to revenue recognition were issued as working drafts Monday by the AICPA Financial Reporting Executive Committee (FinREC). Small Towns Face Big Cyber Risks (CPA Practice Advisor) - On Feb. 25, 2016, a civilian employee in the Sarasota, Fla., Police Department clicked on an attachment to an email. Instead of opening a document, the worker inadvertently launched a ransomware attack Get A Jump On 2017 Taxes Now (Forbes) - According to the IRS, 95% of individual returns have been filed each year by mid-July. Now the question is, who are those leftover 5%? There are two options: 1) The worldâs biggest procrastinators, or Taxation Accounting/Audit | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Tom Petty Free Fallin   |