AccountantsWorld Daily News IRS Audit: Taxpayers Claim $145,000 Income Tax Deduction for Donations to Goodwill (CPA Practice Advisor) - Although taxpayers can claim valuable income tax write-offs for gifts of property to charity, they should not get greedy. If a taxpayer doesnât have the proper records to back up the claims, most or all of the deduction may be denied. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Whatâs the Best Antivirus for Windows 10? (Is Windows Defender Good Enough?) (How-to-Geek) - Windows 10 wonât hassle you to install an antivirus like Windows 7 did. Since Windows 8, Windows now includes a built-in antivirus called Windows Defender... AICPA Issues TQAs on Use of Inappropriate Accounting Standard (JofA) - Developed in response to recent questions from AICPA members auditing governmental entities, including Indian tribes, the TQAs provide nonauthoritative guidance. US Second Quarter GDP Meets Expectations (CNBC) - U.S. gross domestic product increased 2.6 percent in the second quarter, meeting expectations. The New Accounting Standard on Credit Losses: Doubts Persist (Bloomberg BNA) - A year after the Financial Accounting Standards Board (FASB) issued Financial Instruments â Credit Losses with new rules requiring upfront recording of estimated expected credit losses on loan instruments, concerns persist... Taxation IRS Audit: Taxpayers Claim $145,000 Income Tax Deduction for Donations to Goodwill Accounting/Audit AICPA Issues TQAs on Use of Inappropriate Accounting Standard The New Accounting Standard on Credit Losses: Doubts Persist Accounting Firm Ditches Desks for Summer Hiking Adventure Business News US Second Quarter GDP Meets Expectations Consumers, Businesses Lift U.S. Economic Growth in Second Quarter | TOP 5 MOST READ IRS Heats Up Compliance Enforcement on Passport Holders With Tax Debt New IRS Scandal - Syndication Of Conservation Easement Deductions Americansâ financial well-being reaches its highest level in 10 years Pricing Strategies: The Real World vs. The CPA World Regulations address new statutory due dates for many tax returns TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS The Accountant | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |