The effective date for implementing FASB’s new lease accounting standard is still about one year away, but it will require additional resources and a team effort.
Source: JOA News
Read More here – Tips for lease accounting implementation
The IRS issued Notice 2018-14 to provide more guidance on the withholding rules that were changed by P.L. 115-97, known as the Tax Cuts and Jobs Act.
Source: Tax News
Read More here – IRS issues more guidance on withholding rules for new tax law
The IRS issued Notice 2018-14 to provide more guidance on the withholding rules that were changed by P.L. 115-97, known as the Tax Cuts and Jobs Act.
Source: JOA News
Read More here – IRS issues more guidance on withholding rules for new tax law
Thirty-nine areas in the recent tax overhaul act require immediate guidance, the AICPA told the IRS and Treasury.
Source: Tax News
Read More here – Practitioners need immediate guidance on tax reform act, AICPA says
Thirty-nine areas in the recent tax overhaul act require immediate guidance, the AICPA told the IRS and Treasury.
Source: JOA News
Read More here – Practitioners need immediate guidance on tax reform act, AICPA says
Professionals will have to retain their traditional accounting skills and learn some new ones to succeed alongside AI.
Source: JOA News
Read More here – Skills that help accounting professionals succeed alongside AI
The change is expected to make adopting the leases standard easier for some land easements.
Source: JOA News
Read More here – FASB clarifies lease standard’s application to land easements
See how much you know about recent news with this short quiz.
Source: JOA News
Read More here – News quiz: IRS changes withholding tables and identity verification
Americans’ personal financial satisfaction increased steadily throughout 2017, reaching a 24-year peak in the fourth quarter of 2017, according to the AICPA’s Personal Financial Satisfaction Index.
Source: JOA News
Read More here – Americans’ financial well-being continues upward trend
The continuing resolution to fund the government through Feb. 8 also delays the so-called Cadillac tax on high-cost health plans for an additional two years beyond 2019.
Source: Tax News
Read More here – Government funding bill postpones some health care taxes
