Accounting
Top stories summarized by our editors
9/18/2018

Aretha Franklin, the Queen of Soul, reigned for more than 60 years in the music industry. With her recent passing, she leaves behind chart-topping hits and unforgettable performances. While we grieve the loss of a legend, Michigan courts are navigating how to value her legacy.

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AICPA Insights
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Aretha Franklin
9/18/2018

Investors continue to show a high degree of confidence that public-company auditors are looking out for them, according to a survey. But investor confidence in US capital markets has slipped 11 percentage points compared with 2017.

9/18/2018

Money in health savings accounts has increased, as has the number of accounts. However, less than one-fifth of HSA assets are invested, suggesting many people are missing out on potential for tax-free growth over a long period.

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CBS News
9/18/2018

The Internal Revenue Service says it is extending tax deadlines starting Sept. 7 until Jan. 31 for eight counties in North Carolina. The IRS has also explained that disaster losses incurred in a federally declared disaster area may be claimed as qualified disaster losses.

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Internal Revenue Service
9/18/2018

Here is a look at tax and planning considerations for people in a wide range of age groups and a discussion of how these people are affected by the Tax Cuts and Jobs Act.

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MarketWatch
9/17/2018

People pick up on the words you use, writes Steve Keating, citing Tony Robbins, and when you use emotionally intense words, people ratchet up their reactions, "Remember, it's up to you to speak in a way that will move you closer to being the person you want to be," he writes.

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LeadToday
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Steve Keating, Tony Robbins
9/17/2018

Technology such as artificial intelligence, the cloud or blockchain is reshaping the accounting profession, but it will not necessarily take jobs away from accountants. Such technology will instead help accountants advance their practices by making data entry and other tasks easier.

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Forbes
9/17/2018

Natural disasters, such as Hurricane Florence, provide cybercriminals an opportunity to cause further misery for victims and businesses already under siege. Here's what disaster victims, as well as volunteers and donors, need to consider to protect valuable data at this challenging time.

9/17/2018

New lease accounting standards could add complexity to manufacturers' operations when they outsource tasks or modify contracts.

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Manufacturing
9/17/2018

The Internal Revenue Service has issued proposed regulations to implement Sec. 951A's global intangible low-taxed income provision, which requires a US shareholder of a controlled foreign corporation to include this income in the shareholder's gross income. The regulations would explain how to calculate this "inclusion amount" and would amend existing regulations to reflect changes to Sec. 951 made by the Tax Cuts and Jobs Act.