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The King Of Pop Beats The IRS In Tax Court Estate Case

(Forbes) - In one of the most anticipated United States Tax Court decisions in years, the Court yesterday published a 271 page opinion deciding the fate of the Estate of Michael Jackson v. Commissioner. In a battle between valuation experts ... the Court found the Jackson Estate’s valuations much more accurate than those of the IRS’s experts.



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Gift & Estate Tax Valuation: 5 Things to Remember 
(CPA Practice Advisor) - Here are five things to remember when performing valuation of shares of a closely held entity for gift and estate tax reporting.

Productivity Is Finally Looking Up, and the Gains Could Lift Growth 
(Bloomberg) - The pandemic normalized WFH and accelerated adoption of new technologies such as automation, all of which could translate into a meaningful boost for GDP.

Metric of the Month: Total Cost to Process T&E Reimbursements 
(CFO) -Travel is ramping back up — make sure your travel and entertainment reimbursement process is ready for it.

Accounting Makes a Better Career than Ever 
(Accounting Today) - The pandemic has actually highlighted -- and in some cases improved -- the accounting profession's attractiveness, according to Jennifer Wilson and Tamera Loerzel of ConvergenceCoaching.

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