CPA Never under estimate the value
Taxpayers now have until Jan. 10, 2024, to supply missing information within 45 days of submitting a Sec. 41 research and development credit refund claim under new requirements.
Source: JOA News
Read More here – R&D credit claim transition period extended
The Accounting Standards Update (ASU) enhances transparency required from buyer companies. Most of the ASU is effective for fiscal years beginning after Dec. 15, 2022.
Source: JOA News
Read More here – FASB updates reporting standard for supplier finance programs
Under Notice 2022-44, the high-low method rates will be slightly higher and the list of high-cost localities in the continental United States is revised, both effective Oct. 1.
Source: Tax News
Read More here – IRS raises per diem standard rates for business travel
Under Notice 2022-44, the high-low method rates will be slightly higher and the list of high-cost localities in the continental United States is revised, both effective Oct. 1.
Source: JOA News
Read More here – IRS raises per diem standard rates for business travel
The PCAOB issued a staff request for information and comment on the application and use of the board’s interim attestation standards.
Source: JOA News
Read More here – PCAOB seeks comments on interim attestation standards
In a second letter, the AICPA takes issue with broad new documentation requirements for refund claims involving the Sec. 41 credit, outlined in an IRS memo in fall 2021.
Source: Tax News
Read More here – AICPA again critiques new IRS requirements for R&D credits
In a second letter, the AICPA takes issue with broad new documentation requirements for refund claims involving the Sec. 41 credit, outlined in an IRS memo in fall 2021.
Source: JOA News
Read More here – AICPA again critiques new IRS requirements for R&D credits
Taxpayers must file by Sept. 30 to qualify for late-filing penalty relief from the IRS.
Source: Tax News
Read More here – Penalty relief deadline fast approaches for 2019, 2020 tax returns
Taxpayers must file by Sept. 30 to qualify for late-filing penalty relief from the IRS.
Source: JOA News
Read More here – Penalty relief deadline fast approaches for 2019, 2020 tax returns
Every firm that performs engagements in accordance with SASs, SSAEs, or SSARSs will be affected by the new quality management (QM) standards. Take this quiz to gauge your understanding of QM.
Source: JOA News
Read More here – Quiz: Test your knowledge of the new quality management standards
