Daily Edition: IRS offers automatic method to change accounting for new revenue recognition standard

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A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard.

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Daily Edition

May 11, 2018

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 »

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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 »

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