CPA Never under estimate the value
GASB issued a proposal that would establish requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures, allowing users to make informed decisions about these and to evaluate accountability.
Source: JOA News
Read More here – GASB addresses disclosure and classification of capital assets
The practice aid and supporting materials will help small- and medium-size firms and sole practitioners develop a QM system that aligns with a new set of QM standards.
Source: JOA News
Read More here – AICPA releases quality management practice aid
CPAs and other individuals who practice before the IRS can use the letter as a standard form for requesting tax information that was obtained as part of an inquiry into Circular 230 violations.
Source: Tax News
Read More here – OPR publishes letter to request tax information in case files
CPAs and other individuals who practice before the IRS can use the letter as a standard form for requesting tax information that was obtained as part of an inquiry into Circular 230 violations.
Source: JOA News
Read More here – OPR publishes letter to request tax information in case files
The contingency plan calls for furloughs of two-thirds of IRS staff, which Treasury said will result in “significant harmful impacts on taxpayers.
Source: Tax News
Read More here – Unanswered calls, backlog of mail: IRS plan for government shutdown
The contingency plan calls for furloughs of two-thirds of IRS staff, which Treasury said will result in “significant harmful impacts on taxpayers.
Source: JOA News
Read More here – Unanswered calls, backlog of mail: IRS plan for government shutdown
Companies registered or created in 2024 would get an extended deadline to file beneficial ownership information reports, while other companies would not, under proposed rules.
Source: Tax News
Read More here – FinCEN proposes BOI reports deadline extension for certain companies
Companies registered or created in 2024 would get an extended deadline to file beneficial ownership information reports, while other companies would not, under proposed rules.
Source: JOA News
Read More here – FinCEN proposes BOI reports deadline extension for certain companies
An expert discusses the requirements for monitoring and remediation when implementing the new quality management standards.
Source: JOA News
Read More here – QM standards: Overview of the monitoring and remediation process
Starting Oct 1, 2023, the special per diem rates taxpayers may use to substantiate ordinary and necessary business expenses for travel away from home will go up, the IRS announced.
Source: Tax News
Read More here – Special per diem rate for business travel rises
