MORE HEADLINES
IRS Can Audit 6 Tax Years Not 3, So Be Careful (Forbes) - There are many exceptions that give the IRS six years or longer. Several of those exceptions are so prevalent today that the six year statute of limitations is becoming more common.
Cost Segregation in a Post-repair Regs World (Accounting Today) - For many years, corporate accounting professionals have been taking advantage of cost segregation studies to provide significant tax benefits for their businesses by accelerating the depreciation on qualified fixed assets.
What Accounting Students Don't Know About the Profession (CPA Practice Advisor) - I recently spoke to a group of eleven senior accounting majors from leading Illinois universities. My mission was to teach them how CPA firms work and the business of public accounting. I started with that dreaded professor tacticâa pop quiz.
The Best Mobile Hotspots of 2017 (PC Mag) - Why rely on public hotspots when you can bring your own Wi-Fi with you, wherever you go? Here's what you need to know to choose the right hotspot, along with the top choices on each carrier.