CPA Never under estimate the value
Long-awaited proposed regulations, part of a broader effort by Treasury to close the tax gap and address tax evasion risks posed by digital assets, require brokers to report sales and exchanges of digital assets by customers.
Source: Tax News
Read More here – Prop. regs. require brokers to report digital asset sales and exchanges
Long-awaited proposed regulations, part of a broader effort by Treasury to close the tax gap and address tax evasion risks posed by digital assets, require brokers to report sales and exchanges of digital assets by customers.
Source: JOA News
Read More here – Prop. regs. require brokers to report digital asset sales and exchanges
Wait times increased about the same time as the IRS ended program that thwarted line-jumping services, say tax practitioners, who also questioned the training of new hires.
Source: Tax News
Read More here – Tax pros give mixed reviews to wait times, service on PPS line
Wait times increased about the same time as the IRS ended program that thwarted line-jumping services, say tax practitioners, who also questioned the training of new hires.
Source: JOA News
Read More here – Tax pros give mixed reviews to wait times, service on PPS line
The Federal Accounting Standards Advisory Board is accepting public comments on an exposure draft aimed at making note disclosures an ‘integral part’ of financial statements.
Source: JOA News
Read More here – FASAB seeks to enhance note disclosures in financial statements
Fewer broker-dealers will be exempt from registering with FINRA; private fund advisers face new regulations.
Source: JOA News
Read More here – SEC adopts amendments impacting broker-dealers, private fund advisers
The Accounting Standards Update aims to bring consistency to the financial statements of joint ventures when they are formed.
Source: JOA News
Read More here – FASB amendments address financials of newly formed joint ventures
Parents have new choices because of a recently enacted rule that will soon allow limited rollovers of leftover funds from 529 plans to a beneficiary’s Roth IRA.
Source: JOA News
Read More here – Saving for college with multiple children: New considerations
FASB engaged in more than 435 investor interactions in the last year, and the feedback collected is helping fuel several high-priority projects.
Source: JOA News
Read More here – FASB details its investor outreach efforts
BDO USA calls the decision, effective Aug. 31, a ‘game-changer’ established in part to improve the firm’s ability to retain and attract talent.
Source: JOA News
Read More here – Large firm shakes up business model with employee stock ownership plan
