Accounting
Top stories summarized by our editors
2/21/2018

The position of New York City "night mayor," announced last year by Mayor Bill de Blasio, remains unfilled. The person is meant to be a nightlife ambassador who serves as a liaison between the nightlife industry and city officials.

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The Associated Press
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New York City, Bill de Blasio
2/21/2018

Forty-three percent of Americans who expect a tax refund plan to put the money in a savings account, a report from GOBankingRates says. Other ideas for refunds include paying off debt and adding to an emergency fund.

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CNBC, ValuePenguin
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GoBankingRates
2/21/2018

The Financial Accounting Standards Board has proposed adding a US benchmark interest rate to the list of rates permitted in the application of hedge accounting.

2/21/2018

Audit data analytics can give you deeper insights for planning your audit. Learn to use the tools you already have to perform these useful, insightful analyses.

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AICPA Insights
2/21/2018

Three recent cases provide valuable insights for taxpayers who need to know when an out-of-state corporation owning a passive interest in a pass-through entity doing business in New Jersey might be found to have sufficient nexus to subject it to the state's corporation business tax.

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The Tax Adviser
2/21/2018

The rush and exhaustion of busy season might increase the risk of mistakes. Here are three tips for avoiding errors at this challenging time of year.

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CPA Insider
2/21/2018

Job seekers and employees must learn to silence their inner critics, who can find fault with even their best work. Doing so takes effort, but here are five reasons quieting your critic is worthwhile.

2/21/2018

Woo, who specializes in helping companies through distress or major change, served as CFO of the struggling instrument-maker in 2015 and 2016.

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Benson Woo, CFO, Gibson Brands
2/20/2018

The UK Financial Conduct Authority and the US Commodity Futures Trading Commission are partnering on financial-technology initiatives. "We believe that by collaborating with the best-in-class FCA fintech team, the CFTC can contribute to the growing awareness of the critical role of regulators in 21st-century digital markets," said CFTC Chairman J. Christopher Giancarlo.

2/20/2018

Financial planning software can bolster retirement talks with clients and help them see how various scenarios could affect them. When searching for the right package for your practice, consider factors such as ease of use and whether the software uses a goals-based or cash-flow-based approach.