Federal agencies get new guidance related to PP&E opening balances http://bit.ly/2kjE4U3
Blog
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20 revenue recognition working drafts issued by FinREC
20 revenue recognition working drafts issued by FinREC http://bit.ly/2yFITcv
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“Bunching” medical expenses will be a tax-smart strategy for many in 2017
Various limits apply to most tax deductions, and one type of limit is a “floor,” which means expenses are deductible only if they exceed that floor (typically a specific percentage of your income). One example is the medical expense deduction…. Read More
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4 Great Ways to Lose Talent
4 Great Ways to Lose Talent http://bit.ly/2yjKYP5
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Timing strategies could become more powerful in 2017, depending on what happens with tax reform
Projecting your business income and expenses for this year and next can allow you to time when you recognize income and incur deductible expenses to your tax advantage. Typically, it’s better to defer tax. This might end up being especially… Read More
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IRS faulted on scrutiny of estate and gift tax returns
IRS faulted on scrutiny of estate and gift tax returns http://bit.ly/2ydoxvg
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How revenue recognition changes are affecting preparers like GE, Microsoft
How revenue recognition changes are affecting preparers like GE, Microsoft http://bit.ly/2k9Gswy
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Rules would allow truncated taxpayer IDs on Forms W-2
Rules would allow truncated taxpayer IDs on Forms W-2 http://bit.ly/2k3LMkQ
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IRS to rule on tax-free stock distributions
IRS to rule on tax-free stock distributions http://bit.ly/2ybXQXL