CPA Never under estimate the value
Tax professionals and taxpayers will have to create an account with a third-party provider ID.me, which requires uploading an image of a government-issued ID and a selfie, in order to access certain IRS online tools and portals
Source: JOA News
Read More here – New user verification for IRS online accounts to be required by mid-2022
Businesses that receive certain forms of government assistance will be required to disclose that aid in the notes to their annual financial statements under a standard the Financial Accounting Standards Board issued Wednesday.
Source: JOA News
Read More here – New FASB standard requires businesses to disclose government aid
Here’s what private company finance personnel need to know about CECL as the time for implementation approaches.
Source: JOA News
Read More here – Credit losses: 4 things you need to know
Commissioner Charles Rettig and other IRS officials tell the AICPA & CIMA National Tax Conference about their administrative challenges and plans.
Source: Tax News
Read More here – IRS commissioner: We’re hiring
An IRS notice provides a special rule for the temporary 100% deduction.
Source: Tax News
Read More here – Meal portion of per diem allowance can be treated as attributed to a restaurant
An IRS notice provides a special rule for the temporary 100% deduction.
Source: JOA News
Read More here – Meal portion of a per diem rate or allowance can include full cost of food or beverages provided by a restaurant
Commissioner Charles Rettig and other IRS officials tell the AICPA & CIMA National Tax Conference about their administrative challenges and plans.
Source: JOA News
Read More here – IRS commissioner: We’re hiring
The IRS advises on the effects on tax credits and the Free Application for Federal Student Aid and what taxpayers should do.
Source: JOA News
Read More here – IRS updates FAQs for 2020 unemployment exclusion
The IRS advises on the effects on tax credits and the Free Application for Federal Student Aid and what taxpayers should do.
Source: Tax News
Read More here – IRS updates FAQs for 2020 unemployment exclusion
Annette Nellen examines possible tax policy implications as more people shed tradition work roles and become “digital nomads.”
Source: Tax News
Read More here – Changing ways of working call for changing employment and tax policy
