A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard.       Home  |  Subscribe       Daily Edition   May 11, 2018       Top Stories   IRS offers automatic method to change accounting for new revenue recognition standard by MICHAEL COHN   A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard. READ MORE »   IRS updates Priority Guidance Plan for new tax law by MICHAEL COHN   The Internal Revenue Service will provide more clarity in the near future on the Tax Cuts and Jobs Act. READ MORE »       Endowment tax repeal finds supporters in both political parties by JANET LORIN   A House bill to repeal the four-month-old U.S. college endowment tax has gained sponsors on both sides of the political aisle. READ MORE »     SPONSOR CONTENT Web Seminar: How to price your accounting services   Cloud tools are radically reducing the time required to perform traditional accounting tasks, so if you stick with traditional time-based billing then you will see your revenues sink. May 15, 2018 at 2 PM ET-11 AM PT CLICK HERE TO REGISTER »     IRS warns about new twist on banking tax scam by MICHAEL COHN   Criminals who pretend to be working for the IRS are asking for bank information from international taxpayers and non-resident aliens. READ MORE »     SPONSOR CONTENT Web Seminar: Audit and tax in the era of digital disruption   Hexaware