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Tax Rules on Renting Out a Personal Residence (Accounting Web) - The other day, I received an e-mail from a couple Iâll call David and Ruth. They both work and own a 3-bedroom home that costs them just $1,000 monthly for real estate taxes and mortgage payments. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Using the New Reporting Requirements for Not-for-Profit Entities (CPA Journal) - In 2016, FASB issued ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, effective for fiscal years beginning after December 15, 2017. The standard is unusual because it substantially reduces the detail required to be reported in not-for-profit financial statements... States Find Clever Ways To Collect Sales Taxes On Out-Of-State Transactions (Forbes) - The Supreme Court is currently deliberating a case that could have a major impact on ecommerce companies. Itâs called South Dakota v. Wayfair, and it challenges the current rule that remote sellers are only required to collect sales tax if they have a physical presence... How to Share Large Files Over the Internet (How-to-Geek) - Youâve got a file to shareâa huge document, video presentation, or set of images. You canât just email it, because youâre running up against yourâor your recipientâsâemail size limit. Baby Boomers âInadequatelyâ Prepared for Retirement? (Fox Business) - According to a new study from CareerBuilder, 53% of workers age 60 and older are postponing retirement to work longer. Four in 10 workers donât expect to retire until theyâre at least 70. Taxation Accounting/Audit |  TOP 5 MOST READ
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