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The runoffs in the 2018 Primary Election were held yesterday. Last night was full of surprises, including an underdog’s breakthrough in the Lieutenant Governor’s race. Further, the widest margins of victory were seen in races where the incumbent faced an opponent who had previously held the office. Steve Marshall had a 24% margin of victory in what many predicted to be a very close Attorney General’s race, while Congressman Martha Roby (R—AL) beat former Congressman Bobby Bright by 36 points.
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In a transmittal letter to the standards, U.S. Comptroller Gene Dodaro states that the new generally accepted government auditing standards (GAGAS) reinforce the principles of transparency and accountability for auditors as they provide objective analysis and information in service to the public.
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Forrest Gump’s adage comparing life to a box of chocolates is equally apropos for your financial future: You never know what you’ll get. But smart planning and investing can mitigate the surprises along the way. Financial planners can help investors avoid bumps on the road to success.
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Only two months and two CPE conferences left before the reporting deadline! Register now for the latest in technology and the most comprehensive A&A you'll have access to all year! We're never going to let you down with these conferences.
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As part of a larger effort to help taxpayers, the Internal Revenue Service plans to streamline the Form 1040 into a shorter, simpler form for the 2019 tax season.
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The IRS is working on a draft version of the 2018 Form 1040, U.S. Individual Income Tax Return, that reduces the size of the form to two half-pages in length and eliminates more than 50 lines, compared to the 2017 version of the form. The draft form moves many items that in the past have appeared on the face of the 1040 to various new schedules.
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Normally, we hear terms like “rightsizing”, “reengineering”, “management shift”, and “turnaround” to describe a process the company is embarking upon to reach new heights. Although, the underlying tone is that of business change in order to handle a new challenging market or circumstance. Some changes have been enormous failures while others have been success stories but; however, sadly most fall in the middle and, if anything, more towards the side of failure. There are lessons to be learned with each, and I find it far easier to study from those that have traveled before than reinvent the wheel each time.