Tax & Accounting Blog
Tax & Accounting Blog
The American Institute of Certified Public Accountants (AICP) believes that the definition of interest in IRC Section 163(j) proposed regulations is too broad and should…
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The American Institute of Certified Public Accountants (AICP) believes that the definition of interest in IRC Section 163(j) proposed regulations is too broad and should…
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Technology is changing the way tax and accounting professionals do their business, and it’s growing exponentially. The rapid pace of change has left many firms…
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The idea of a robot tax may sound futuristic to some, but with the explosion of artificial intelligence (AI) lawmakers around the world are considering…
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Planning for successful audits Success does not occur by accident, at least long term success that is. The same can be said about smooth and…
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The Multistate Tax Commission’s (MTC) Combined Filing Model Working Group has drafted a model “Finnigan Method” Combined Reporting Statute. The MTC received a request to…
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Wolters Kluwer Reviews Remaining Issues for 2018 Tax Returns April 15 has come and gone. Taxpayers hopefully have either filed their returns, requested a filing…
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Taxpayers surprised this filing season that they could not claim certain tax breaks may find relief for their 2018 returns from federal tax extender legislation.…
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At many firms, management monitors the health of the firm through static reports generated periodically. Although this has been the status quo in most firms…
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The FASB is making a number of targeted changes to its new standard related to accounting for credit losses on financial instruments known as the…
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Republicans’ 2017 overhaul of the tax code created a new Section 199A 20-percent deduction of qualified business income (QBI). This new Section 199A QBI deduction,…
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