Form 1099-B Expands Reporting Requirements to Qualified Opportunity Funds
For 2019, many operators of qualified opportunity funds (QOFs) will have to report the disposition of an investor’s interest in a QOF on Form 1099-B,…
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Kickstart 2019 tax planning with CCH Axcess iQ
With January right around the corner, you might not be as ready as you thought you were for tax season. The 2019 tax planning needs…
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Getting Comfortable with Audit Data Analytics
Audit Talks – LIVE (a virtual conference) In July, Wolters Kluwer held a two-day virtual conference called Audit Talks – LIVE. The conference objective was…
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New Hampshire Enacts Market-Based Sourcing
New Hampshire enacted market-based sourcing for sales of intangible property for the business profits and business enterprise taxes. The changes take effect January 1, 2021…
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IRS Approves Medical Expense Deduction for Genetic Testing
Genetic testing added to growing list of deductible expenses In recent years when presented with the opportunity, the Internal Revenue Service (IRS) has identified a…
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Outsourcing How-To with Jody Padar
Extension season is a good time to give outsourcing a try. In the first video of her new video series, Jody Padar (the Radical CPA)…
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IRS Allows Late Bonus Depreciation Elections for Tax Years Including September 28, 2017
The IRS is letting taxpayers make a late election out of 100% bonus depreciation, or revoke a previous election out, for tax years that include…
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Can you rely on your audit tool?
Is your software & content reliable? Quality is foundational in everything we need to do as a CPA to be the trusted advisor for clients. …
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Wolters Kluwer Projects 2020 Tax Brackets and Other Amounts
Wolters Kluwer, Inc. has projected tax brackets and other inflation-adjusted amounts for the 2020 tax year. Highlights of projected 2020 amounts, including tax brackets for…
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FASB Proposes Debt Guidance
The FASB proposes debt guidance for public comment. This proposal is intended to improve guidance used to determine whether debt should be classified as a current or noncurrent liability…
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