A Burning Question

BY ARNOLD FRANK

I am puzzled. How could the JofA publish “ Real Estate Is Hot…Don’t Get Burned ” ( JofA, Jul.03, page 28) without requiring both the recitation of the various ways a sale could be constructed and their different tax consequences?

Arnold Frank, CPA
Roslyn Heights, New York

SPONSORED REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.