Polley steps down as head of FAF
After leading the Financial Accounting Foundation (FAF) for 11 years, Terri Polley announced that she is stepping down.
Source: JOA News
Read More here – Polley steps down as head of FAF
Monthly Archives: April 2019
- 26
Apr 19
0
- 25
Apr 19
0
FASB makes minor adjustments to financial instruments rules
Stakeholders have voiced concerns to FASB about various aspects of the board’s recently issued standards for credit losses, hedging, and recognition and measurement.
Source: JOA News
Read More here – FASB makes minor adjustments to financial instruments rules
- 25
Apr 19
0
Personal financial satisfaction up in first quarter after market rebound
Americans’ personal financial satisfaction reached a record high in the first quarter of 2019, according to the AICPA’s proprietary Personal Financial Satisfaction Index.
Source: JOA News
Read More here – Personal financial satisfaction up in first quarter after market rebound
- 25
Apr 19
0
News quiz: IRS gives a break on underpayment
Try this short quiz to review some of the news posted in the past month or so.
Source: JOA News
Read More here – News quiz: IRS gives a break on underpayment
- 17
Apr 19
0
More proposed regs. on qualified opportunity funds issued
The regulations define the term “substantially all,” the definition of which was reserved in the earlier proposed regulations issued in October 2018.
Source: Tax News
Read More here – More proposed regs. on qualified opportunity funds issued
- 17
Apr 19
0
More proposed regs. on qualified opportunity funds issued
The regulations define the term “substantially all,” the definition of which was reserved in the earlier proposed regulations issued in October 2018.
Source: JOA News
Read More here – More proposed regs. on qualified opportunity funds issued
- 17
Apr 19
0
Can a state tax a trust based on the beneficiary’s residency?
The U.S. Supreme Court heard oral arguments in a case that will decide whether states can tax trusts based solely on the fact that a trust beneficiary lives in the state.
Source: Tax News
Read More here – Can a state tax a trust based on the beneficiary’s residency?
- 17
Apr 19
0
Can a state tax a trust based on the beneficiary’s residency?
The U.S. Supreme Court heard oral arguments in a case that will decide whether states can tax trusts based solely on the fact that a trust beneficiary lives in the state.
Source: JOA News
Read More here – Can a state tax a trust based on the beneficiary’s residency?
- 17
Apr 19
0
Yellow Book revisions update independence guidance
Revised rules published in July 2018 by the U.S. Government Accountability Office clarify the need for safeguards for practitioners when performing preparation of accounting records and financial statement services.
Source: JOA News
Read More here – Yellow Book revisions update independence guidance
- 11
Apr 19
0
Safe harbor issued for valuing pro sports trades
The IRS will permit professional sports teams that trade player contracts to recognize zero gain if both parties to the exchange adopt the safe harbor and do not exchange cash.
Source: Tax News
Read More here – Safe harbor issued for valuing pro sports trades
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