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

PODCAST

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A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

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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.