Last month was “business as usual” for cyber criminals. Even so, the volume and extent of these activities are mind-blowing — particularly with respect to the targeting of children, how easy cyber hacking skills can be transferred and cloud security. As computer professionals become aware of each incident, solutions eventually follow.
The IRS recently released Revenue Procedure 2017-34 simplifying the method to extend the time to make a late portability election for estates of decedents leaving a surviving spouse.
The Internal Revenue Service (“IRS”) re-released the proposed new partnership audit rules and guidance.
The Financial Accounting Standards Board (the FASB or the Board) issued Accounting Standards Update (ASU) 2017-11 with the intent to simplify the accounting for certain equity-linked financial instruments (or embedded conversion options) that use down round features.
Sins — those related to drinking (alcohol or sugary drinks), smoking (tobacco or marijuana), gambling, or sex — have been around for quite a while.
A new benefit called Paid Family Leave will soon become part of the New York Workers Compensation Laws.
We would like to remind our readers that the filing date for Form 5500 is fast-approaching.