Of course, since it comes from the IRS, it also has its own set of footnotes and qualifiers. For one, even though we’re comparing the week ending Jan. 27, 2017, with the week ending Jan. 29, 2016, the 2016 figure included four more days of tax return processing – although when comparing identical numbers of days, 2017 marks an increase. For another, the new law requiring a hold on refunds involving the Earned Income Tax Credit and Additional Child Tax Credit until Feb. 15 is skewing early season refund numbers and dollar amounts, because many taxpayers claiming these credits are early filers. READ MORE →
In "How to Make Mandatory Saturdays a Thing of the Past," CPA Trendlines contributor Jennifer Wilson says the "cool firms" are eliminating the age-old practice nd replacing it with flex-time, work-at-home, and results-oriented strategies. Still, she says, "I literally hear a gasp of surprise because it challenges one of the most fundamental elements of public accounting – tracking, measuring and valuing time."