Business and industry news from around the web: March 19 – 23, 2018

Written on Mar 22, 2018

How to build a brilliant finance team
Creating a team of accountants that are in harmony can present many challenges. Some typical obstacles: team members are too siloed, too technical, too protective, too detail-oriented, or too risk-averse. With the right skills and mindset, you can overcome these barriers and build a brilliant, high-impact team.

Converting from an S corporation to a C corporation
Effect of 2017 Tax Reform on Choice of Business Entity summarizes considerations in choosing whether to continue being an S corporation or convert to a C corporation. In most cases, exit planning suggests remaining an S corporation, but in some cases, it may be better to be a C corporation.

Trump tariffs not such a big deal for U.S. growth, poll shows
Trade wars are bad, but President Trump’s steel and aluminum tariffs won’t have much direct impact on the U.S. economy unless the situation escalates, according to a new survey.

No more tax deductions for bad actions
The new tax law disallows previously available deductions for settling government agency enforcements and sexual harassment claims.

Tech Corner: How to fight the threat of malware on mobile devices
As more people are now using smartphones and tablets to do banking, online payments and access corporate accounts, mobile devices have become a potentially lucrative field and as a result mobile malware is thriving.

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