CPA Never under estimate the value
The Senate Finance Committee’s text includes changes from the House’s version of the bill, including a removal of the House’s increase in the SALT deduction cap.
Source: JOA News
Read More here – Senate Finance Committee releases tax provisions of Build Back Better Act
MAP survey finds big differences in revenue, profit, and owner compensation.
Source: JOA News
Read More here – Attributes of top-performing firms revealed
Auditors have a lot to think about as clients experience supply chain disruptions, staff shortages, and new processes and procedures. Here’s what firms need to focus on in this challenging environment.
Source: JOA News
Read More here – Audit tips for a pandemic-changed environment
Investors want more disaggregated information. Financial statement preparers are concerned about the costs of preparing that information. FASB Chair Richard Jones is seeking to balance those priorities.
Source: JOA News
Read More here – FASB working to balance desires of investors and preparers
Non-GAAP measures in public company reporting continue to be scrutinized carefully by SEC staff, according to information presented at the AICPA & CIMA Conference on Current SEC and PCAOB Developments.
Source: JOA News
Read More here – Tips for avoiding trouble with non-GAAP reporting
The IRS describes how employers may avoid failure-to-pay and failure-to-deposit penalties for ERC claimed or anticipated in the fourth quarter but eliminated by the Infrastructure Act.
Source: Tax News
Read More here – Early sunset of the employee retention credit gets penalty relief
The IRS describes how employers may avoid failure-to-pay and failure-to-deposit penalties for ERC claimed or anticipated in the fourth quarter but eliminated by the Infrastructure Act.
Source: JOA News
Read More here – Early sunset of the employee retention credit gets penalty relief
The AICPA Tax Policy and Advocacy group worked with the AICPA Congressional Affairs group to represent the interests of practitioners and the public.
Source: Tax News
Read More here – AICPA tax advocacy gets results in 2021
The AICPA Tax Policy and Advocacy group worked with the AICPA Congressional Affairs group to represent the interests of practitioners and the public.
Source: JOA News
Read More here – AICPA tax advocacy gets results in 2021
Certain issues related to revenue recognition are causing enough application problems that the Financial Accounting Standards Board may choose to adjust the standard. But in the meantime, financial statement preparers need to apply the current rules correctly.
Source: JOA News
Read More here – Revenue recognition: Tips for challenging circumstances
