News Roundup

August 13, 2017

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6 Tips for Adopting the New Revenue Recognition Standard

Many companies today are not as far along as they should be (or want to be) in adopting the new revenue recognition standard. It’s time to get down to business. Here are a few practical tips and insights to consider as you work through your adoption.

Blockchain No Longer Held to Ransom as Business Adoption Increases

Digital currencies have something of an image problem, due in part to their association with ransomware. However, like any tool, they can be used for good or ill. That is why an increasingly large number of businesses are adopting the tools behind these digital currencies for their own projects.

Treasury Cites 8 Burdensome Tax Regs That Might Be Axed

President Trump has promised to end many federal agency regulations. While there are concerns about just which regs Uncle Sam's agencies will ax — some point to political appointees with deep industry ties and potential conflicts — the process is underway. Including at the IRS.

Yes, Killing the ACA’s Investment Tax Now Would Make the Next GOP Tax Bill Easier. Here's Why

It is often said that the GOP wants to scrap the nearly $1 trillion in tax levies the ACA will generate because it would make it easier for them to pass a future tax bill. But why?

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