The February article “ What’s
Hot, Cool and Very Useful ” misstated the amount of free storage
space available to users of Google’s Gmail service. The correct number
is approximately 2.8 gigabytes. The Journal of Accountancy
regrets the error.
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.