Author Archives: admin

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Helping CPAs grasp the fundamentals of global power

The U.S. is headed for turbulence economically and politically over the next few years, geopolitical analyst Jacob Shapiro said during an AICPA spring governing Council session.
Source: JOA News
Read More here – Helping CPAs grasp the fundamentals of global power


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How accounting firms can tap into benefits of AI

The technology can help empower existing professionals, not necessarily remove them, particularly in specialist fields.
Source: JOA News
Read More here – How accounting firms can tap into benefits of AI


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Charitable contribution procedures updated

The IRS issued new procedures for contributions to charitable organizations, including rules for when donors can rely on the information about an organization’s tax-exempt status on the IRS database Tax Exempt Organization Search.
Source: Tax News
Read More here – Charitable contribution procedures updated


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Charitable contribution procedures updated

The IRS issued new procedures for contributions to charitable organizations, including rules for when donors can rely on the information about an organization’s tax-exempt status on the IRS database Tax Exempt Organization Search.
Source: JOA News
Read More here – Charitable contribution procedures updated


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News quiz: IRS warns businesses about cyberthieves

Test your knowledge of recent news with this short quiz.
Source: JOA News
Read More here – News quiz: IRS warns businesses about cyberthieves


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AICPA recommends flexibility in partnership audits

The IRS should provide a simplified adjustment procedure for partnership audits, the AICPA recommended in a letter to the IRS Chief Counsel’s Office.
Source: Tax News
Read More here – AICPA recommends flexibility in partnership audits


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AICPA recommends flexibility in partnership audits

The IRS should provide a simplified adjustment procedure for partnership audits, the AICPA recommended in a letter to the IRS Chief Counsel’s Office.
Source: JOA News
Read More here – AICPA recommends flexibility in partnership audits


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FASAB proposes new standards for accounting and reporting of government land

A new FASAB proposal is designed to promote consistency in the accounting treatment and reporting for land holdings while considering the information needs of financial statement users.
Source: JOA News
Read More here – FASAB proposes new standards for accounting and reporting of government land


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Valuation of portfolio company investments addressed in AICPA working draft

The working draft of an Accounting and Valuation Guide issued by the AICPA provides guidance on the accounting for and valuation of portfolio company investments of venture capital and private-equity funds and other investment companies.
Source: JOA News
Read More here – Valuation of portfolio company investments addressed in AICPA working draft


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Fewer Americans delaying life events for financial reasons

Just 35% of Americans said they had delayed a major life event for financial reasons, compared with 51% in 2015, according to an AICPA survey.
Source: JOA News
Read More here – Fewer Americans delaying life events for financial reasons