AccountantsWorld Daily News IRS Issues Guidance For Businesses That Elect Out Of Interest Expense Limitations
(Forbes) - Last Saturday marked the one-year anniversary of the passage of the Tax Cuts and Jobs Act, and while this recent round of tax reform offered no shortage of breaks for businesses and business owners, there was, of course, some bad news within the Act as well.
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The IRS Wants to Use Social Media to Catch Tax Cheats
(Quartz) - Thatâs according to a request for information issued December 18 by the IRSâs National Office of Procurement. The mining of social media data by the agency has been suspected in the past, but the IRS has never before confirmed the practice.
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(Accounting Today) - Accounting is an age-old profession. CPA firms still leverage the proven practices and processes that have been developed and refined after decades of trial and error, risk/benefit calculations, and business modeling exercises.
Taxation
IRS Issues Guidance For Businesses That Elect Out Of Interest Expense Limitations The IRS Wants to Use Social Media to Catch Tax Cheats Charitable Deductions by State Accounting/Audit
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