IRS Kicks off 2019 Tax-Filing Season as Tax Agency Reopens; Use IRS.gov to Avoid Phone Delays
IR-2019-07, January 28, 2019 WASHINGTON ― The Internal Revenue Service successfully opened the 2019 tax-filing season today as the agency...
Taxpayers Need More Penalty Relief Says AICPA in Letter to IRS
When the Tax Cuts and Jobs Act (TCJA) was passed in late 2017, it affected millions of individual taxpayers and...
IRS Employees Taking Hardship Exemptions During Shutdown
Internal Revenue Service employees who have been called back to work without pay during the partial government shutdown are increasingly...
Evolving Tech Could Mean Evolving the CPA License
By Susan S. Coffey, CPA, CGMA, EVP – Public Practice, Association of International Certified Professional Accountants Throughout 2018, you heard...
The Top Tax and Accounting Stories of 2018
By Daniel Hood From tax reform to Wayfair, to a new direction for audit and the ongoing impact of technology, here...
Tax Season to Start Jan. 28, IRS Confirms
By Daniel Hood While the ongoing government shutdown had some concerned about a possible delayed start to tax season, the...
IRS Inflation Adjustments Will Diminish Tax Cuts
By Daniel Hood The Internal Revenue Service announced annual inflation adjustments for more than 60 tax provisions for 2019, using...
FASB Tweaks Credit Losses Standard
By Michael Cohn The Financial Accounting Standards Board released an accounting standards update Thursday making narrow improvements to the credit losses...
INTERIM GUIDANCE RELEASED ON SEPARATE REPORTING OF UBI
The Treasury Department issued interim guidance covering one of the provisions of the Tax Cuts and Jobs Act (TCJA) with...
The Top Tax Cases of 2017
By Roger Russell By any measure 2017 was a momentous year for tax professionals. Just by itself, the Tax Cuts...