The Tech Take: How One Firm Survived Harvey and Irma (Accounting Today) - Hurricane season has swept into the United States this year with a vengeance, leaving people reeling from loss. Itâs times such as these that really make the case for benefits of storing data in the cloud.
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How to Help Your Clients Manage Student Debt (CPA Practice Advisor) - Regardless which major they choose, the school attended or the degree obtained, college graduates typically have some amount of student loans they must pay back.
Republicans Unveil Tax Reform Framework (Journal of Accountancy) - Republican lawmakers released a framework for tax reform on Wednesday, announcing that their goals are to cut tax rates, simplify the Internal Revenue Code, and provide a more competitive environment for business.
With Puerto Rico in Ruins, Bondholders Offer Cash for Big Gains (Bloomberg) - In late June, Puerto Ricoâs federal overseers rejected a plan that would have let big investors recover 85 cents on the dollar from bonds backed by the islandâs distressed electric company, wagering a better deal for the impoverished U.S. territory could be won in bankruptcy.
Exclusive: N.Y. regulator subpoenas Equifax over massive breach (Reuters) - New York stateâs financial services regulator has issued a subpoena to Equifax Inc (EFX.N) demanding it provide more information about the massive data breach the credit-reporting firm disclosed this month, a person familiar with the matter said on Wednesday.