A group of IRS stakeholder organizations has submitted a letter to the Treasury Department and the Internal Revenue Services with suggestions on the implementation of the Taxpayer First Act.
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January 31, 2020
Upcoming Events January 31, 2020
Daily Briefing
Tax and accounting groups urge IRS to set up Practitioner Services division
By Roger Russell      2 min read
A group of IRS stakeholder organizations has submitted a letter to the Treasury Department and the Internal Revenue Services with suggestions on the implementation of the Taxpayer First Act.
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QuickBooks updates for January
By Ranica Arrowsmith      3 min read
Intuit has released several updates for QuickBooks Online, QuickBooks Online Accountant, and QuickBooks Online Advanced.
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Tax-exempt organizations can benefit from some recent tax law changes, says IRS
By Michael Cohn      2 min read
Several recent tax law changes promise to help religious groups, houses of worship, charities, private foundations, utilities and other tax-exempt organizations, according to the Internal Revenue Service.
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Tax pros gear up to navigate New York’s complex remote sales tax law
By Shaun Hunley      4 min read
The state's new law has made a confusing situation even murkier, as the ripples of Wayfair continue to linger in evolving tax law.
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Relevance is critical to the future value of audit
By Alan Anderson      5 min read
Auditors need to provide value beyond the compliance function.
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LeaseQuery releases lease accounting solution LeaseGuru
By Ranica Arrowsmith      1 min read
LeaseQuery has released LeaseGuru, a cloud-based lease accounting solution for companies with a lease portfolio of under ten.
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IESBA proposes ethics guidance on objectivity of engagement quality reviewers
By Michael Cohn      2 min read
The International Ethics Standards Board for Accountants released an exposure draft Thursday proposing changes to the International Code of Ethics for Professional Accountants to provide additional guidance to audit engagement quality reviewers about their professional objectivity.
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Tax Fraud Blotter: Justice done
By Jeff Stimpson      6 min read
Very deconstructive; snowboard job; matters of discipline; and other highlights of recent tax cases.
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Global corporate tax avoidance might get harder
By Christopher Smart      4 min read
About 135 of the world's countries are negotiating a radical change to the rules about where and how much multinational companies pay in taxes.
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Senate Republicans prod IRS to crack down on electric vehicle tax credits
By Michael Cohn      2 min read
A group of Republican lawmakers has sent a letter to Internal Revenue Service commissioner Chuck Rettig warning about misuse of the electric vehicle tax credit.
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