Monthly Archives: May 2017

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FASB issues accounting standards update on service concession arrangements

FASB intends to provide clarity to help financial statement preparers determine the customer of the operation services for transactions.
Source: JOA News
Read More here – FASB issues accounting standards update on service concession arrangements


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Leveraged spinoffs removed from IRS no-ruling list

The IRS says it will again issue rulings on corporate leveraged spinoff transactions.
Source: Tax News
Read More here – Leveraged spinoffs removed from IRS no-ruling list


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2018 health savings account limits increase slightly

The IRS released the 2018 annual inflation-adjusted amounts that apply to health savings accounts.
Source: Tax News
Read More here – 2018 health savings account limits increase slightly


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2018 health savings account limits increase slightly

The IRS released the 2018 annual inflation-adjusted amounts that apply to health savings accounts.
Source: JOA News
Read More here – 2018 health savings account limits increase slightly


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New IRS rules, no increased funding in appropriations bill

The 2017 appropriations bill passed by Congress includes $11.2 billion for IRS operations and enforcement. But it also includes specific directives prohibiting certain IRS conduct.
Source: Tax News
Read More here – New IRS rules, no increased funding in appropriations bill


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New IRS rules, no increased funding in appropriations bill

The 2017 appropriations bill passed by Congress includes $11.2 billion for IRS operations and enforcement. But it also includes specific directives prohibiting certain IRS conduct.
Source: JOA News
Read More here – New IRS rules, no increased funding in appropriations bill


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Details of FAFSA data breach revealed in House testimony

The details of a recent data breach affecting 100,000 taxpayers were revealed in testimony before the House of Representatives Oversight and Government Reform Committee in Washington.
Source: Tax News
Read More here – Details of FAFSA data breach revealed in House testimony


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Details of FAFSA data breach revealed in House testimony

The details of a recent data breach affecting 100,000 taxpayers were revealed in testimony before the House of Representatives Oversight and Government Reform Committee in Washington.
Source: JOA News
Read More here – Details of FAFSA data breach revealed in House testimony


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Overtime and stress are common during month-end close processes

Finance departments are under pressure to close the books faster, but efficiency is a stumbling block, two recent surveys show.
Source: JOA News
Read More here – Overtime and stress are common during month-end close processes


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CAQ, investor groups seek to preserve SOX provision

In a letter, the Center for Audit Quality and two investor groups opposed a provision of a bill that would decrease the number of companies required to comply with the rules in Sarbanes-Oxley Act Section 404(b).
Source: JOA News
Read More here – CAQ, investor groups seek to preserve SOX provision