CPA Never under estimate the value
The standard mileage rate for business use of a vehicle has increased, the IRS announced, effective as of Jan. 1.
Source: Tax News
Read More here – Business standard mileage rate increases for 2023
The standard mileage rate for business use of a vehicle has increased, the IRS announced, effective as of Jan. 1.
Source: JOA News
Read More here – Business standard mileage rate increases for 2023
The IRS announced late in December that it is delaying the new, lower $600 reporting threshold for third-party settlement organizations so that it will not apply to transactions in 2022.
Source: Tax News
Read More here – IRS delays Form 1099-K 0 reporting threshold
The IRS announced late in December that it is delaying the new, lower $600 reporting threshold for third-party settlement organizations so that it will not apply to transactions in 2022.
Source: JOA News
Read More here – IRS delays Form 1099-K 0 reporting threshold
The IRS announced that it will issue proposed regulations providing some relief to brokers that are required to withhold on the transfer of an interest in a publicly traded partnership (PTP) if the PTP is a foreign-traded entity.
Source: Tax News
Read More here – Prop. regs. to provide withholding relief on sales of foreign PTPs
The IRS announced that it will issue proposed regulations providing some relief to brokers that are required to withhold on the transfer of an interest in a publicly traded partnership (PTP) if the PTP is a foreign-traded entity.
Source: JOA News
Read More here – Prop. regs. to provide withholding relief on sales of foreign PTPs
FASB extended the period of time preparers can use the reference rate reform relief guidance by two years, to 2024.
Source: JOA News
Read More here – FASB defers sunset date of reference rate reform guidance
The IRS and a possible new commissioner have until Feb. 17, 2023, to advise Treasury Secretary Janet Yellen how they plan to spend $80 billion that Congress budgeted for the agency over the next 10 years.
Source: Tax News
Read More here – 2023 brings lots of new to the IRS while keeping one problem: backlogs
The IRS and a possible new commissioner have until Feb. 17, 2023, to advise Treasury Secretary Janet Yellen how they plan to spend $80 billion that Congress budgeted for the agency over the next 10 years.
Source: JOA News
Read More here – 2023 brings lots of new to the IRS while keeping one problem: backlogs
The PCAOB issued a proposed new standard that is designed to strengthen and modernize the requirements for the auditor’s use of confirmation.
Source: JOA News
Read More here – PCAOB proposes new auditing standard
