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Many States See New Employment Laws in 2018 (CPA Practice Advisor) - As the new year approaches, employers across the United States scramble to become compliant with local and state employment laws. These laws typically carry heavy penalties, ADVERTISEMENT  Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Education, Preparation, and Training of Young Professionals (CPA Journal) - Students today know much more about technology than their counterparts a generation ago. The advances in technology over the past two decades have forced them to develop new skills and adapt. How a Simple Tech Upgrade at the IRS Could Transform the Economy (Tech Crunch) - New legislation would change this. The IRS Data Verification Modernization Act of 2017, recently introduced in Congress by Rep. Patrick McHenry (R-NC) and Sen. Cory Booker (D-NJ), would set up an application programming interface (API) at the IRS. States Look for Workarounds with New Tax Reform Law (CPA Practice Advisor) - State governments are worried about the potential loss of tax revenue after passage of the Tax Cuts and Jobs Act, and may be forced to restructure their tax laws. What You Should Know About Taxation Of Cryptocurrencies (Forbes) - The IRS addressed the taxation of virtual currency transactions in Notice 2014-21. According to the Notice, virtual currency is treated as property for federal tax purposes. Taxation Accounting/Audit | TOP 5 MOST READ
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