Tax news from around the web: May 15 – 19, 2017

Written on May 15, 2017

Another week, another tax reform challenge, another maybe
White House support for tax reform continues to crumble. President Trump and Treasury Secretary Mnuchin suggested they’d retain the corporate interest deduction. Repealing it is a key element of the House Republican leadership’s destination-based cash flow tax. The White House also threw more cold water on the border adjustable tax.

Why tax season is never really over
CPAs are wrapping up their tax files as another filing season ends. But like zombies in a horror movie, this one may be down but there is another one rising soon. Now is the time to identify what’s next and how you can prepare to protect your clients.

Tech Corner - The phishing swindle that conned $100 million out of Google and Facebook
It is alleged that 48-year-old Evaldas Rimasauskas managed to trick Facebook and Google into wiring him more than $100 million, after impersonating genuine Taiwanese electronics manufacturer Quanta Computer.

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