Example of how XML, the basic
extensible markup language, tags information for a
book publisher. Data on the left are the tags for
such information as the order number, the name of
the person buying the book, the price and the
author. Data on the right are the same data but
represented in database fields.
The results of the 2016 presidential election are likely to have a big impact on federal tax policy in the coming years. Eddie Adkins, CPA, a partner in the Washington National Tax Office at Grant Thornton, discusses what parts of the ACA might survive the repeal of most of the law.
Even as the IRS reported on success in reducing tax return identity theft in the 2016 season, the Service also warned tax professionals about yet another email phishing scam. See how much you know about recent news with this short quiz.