Crypto and blockchain aren't ready for prime time
Accounting Today
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While they hold much potential to change accounting, thought leaders say the technology is still immature, and more of today’s top stories.
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While blockchain is doing impressive things in a lot of areas, accounting is not yet one of them.?
In other news today:
The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion beyond the fifth anniversary of their spouse’s death.
The Treasury developed the framework with other federal agencies in response to an executive order from President Biden, even as lawmakers have proposed their own industry-friendly legislation.
A career in the field won’t be completely free of any downsides, but that will be the case in most industries.
Senate Democrats have reached a deal to extend the solvency of Medicare by closing a tax loophole frequently used by law firms and other partnerships.
Due to extensive interest, Accounting Today is extending the deadline for submissions for its annual Managing Partner Elite list to the end of the day on Thursday, July 14.
Experienced Senior Accountant II and Technical Accountant Commissions Team Lead
2 年Lindsey LeBlanc https://www.accountingtoday.com/news/irs-offers-simpler-way-for-estates-to-extend-time-to-file-for-tax-exclusion
Freedom is not Free!
2 年Well, ready or not, it's coming soon! ??