CPA Never under estimate the value
New guidance issued by the AICPA Auditing Standards Board provides practitioners with guidance on one of their most difficult tasks — auditing accounting estimates and related disclosures.
Source: JOA News
Read More here – Accounting estimates and disclosures addressed in new auditing standard
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: Tax News
Read More here – FDII and GILTI regulations finalized
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: JOA News
Read More here – FDII and GILTI regulations finalized
The IRS issued guidance on how employers should report qualified sick and family leave paid to employees under the Families First Coronavirus Response Act.
Source: Tax News
Read More here – How to report coronavirus paid sick leave and family leave to employees
The IRS issued guidance on how employers should report qualified sick and family leave paid to employees under the Families First Coronavirus Response Act.
Source: JOA News
Read More here – How to report coronavirus paid sick leave and family leave to employees
FASB proposed a one-year extension to the effective date of its new standard on long-duration insurance contracts to provide relief for insurance companies affected by the coronavirus pandemic.
Source: JOA News
Read More here – FASB proposes delay of insurance standard effective date
The AICPA Auditing Standards Board issued a new standard that recognizes the evolving nature of business, including use of technology.
Source: JOA News
Read More here – New audit evidence standard recognizes evolving nature of business
By developing an investigative mindset, CPAs can make themselves indispensable during this trying time.
Source: JOA News
Read More here – Becoming a fraud fighter
The IRS issued the 2020 limits on depreciation deductions for cars and trucks first placed in service in 2020 and the income inclusion amounts for passenger automobiles first leased in 2020.
Source: Tax News
Read More here – 2020 depreciation limits for cars and trucks are issued
The IRS issued the 2020 limits on depreciation deductions for cars and trucks first placed in service in 2020 and the income inclusion amounts for passenger automobiles first leased in 2020.
Source: JOA News
Read More here – 2020 depreciation limits for cars and trucks are issued
