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Lesson From The Tax Court: The Power Of Fact-Finding (TaxProf Blog) - In Tax Court, most facts are usually stipulated by the parties. But sometimes the Tax Court judge is called upon to decide the âfactsâ from witness testimony. A pair of opinions issued last week illustrate the power of fact-finding. One came out well for the taxpayer. The other did not. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES The Classification of Bitcoin and Cryptocurrency by the IRS (CPA Practice Advisor) - An argument could be made that the IRS is treating cryptocurrency as both property and currency. Successful Entrepreneurs Are "Ideal Clients" For Accountants (Forbes) - Not only are successful businesses the primary source of private wealth creation, successful business owners require and seek out an often-broad array of expertise. Moreover, they will usually pay, and pay well, for high quality advice. Ex-American Realty CFO Gets 18 Months in Jail for Brazenly Making Up Numbers (CFO) - U.S. District Court Judge J. Paul Oetken said Block âparticipated in a scheme to inflate the value of the companyâ by âbrazenlyâ making up numbers to ensure American Realtyâs AFFO (or, adjusted fund from operation)... Yelp Ordered to Identify User Accused of Defaming Tax Preparer (Accounting Today) - The ruling Monday by a California state appeals court is a setback for websites in an ongoing battle to protect their users, as well as their own businesses, from lawsuits they say are preempted by free-speech rights. Taxation Accounting/Audit | TOP 5 MOST READ TOOLS OF THE TRADE e-BREAKS  Groco Joke Man   |