AccountantsWorld Daily News The Status of the âMarriage Penaltyâ (CPA Journal) - This article demonstrates that, while the TCJA has offered some relief to married couples filing jointly by either eliminating or minimizing the marriage penalty in a few areas, the penalty persists in other areas. It describes how the penalty worked prior to the TCJA... ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES When Clients Flout the Related Party Rules (Accounting Web) - In this post, we will go over the basics of Teruya Brothers Ltd. v. Commissioner (2009) and then discuss why CPAs need to pay close attention. Teruya involves the ârelated partyâ rules of Section 1031, which are among the most perplexing and least understood. CPAs Need to Watch These Health Care Pricing Rules (JofA) - New rules could arm clients and CPAs with info for better decision-making. 6 Tips for Using Your iPhone at Night or in the Dark (How-to-Geek) - Your iPhone can adapt to reduce eye strain and promote healthier sleep, but thatâs not all it can do after the sun goes down. Weâll explain Dark and Night modes, Night Shift, and all the other features you need to know. After Confusion, IRS Clarifies Tax Treatment Of Fortnite & Gaming Currencies (Forbes) - Gamers (and their parents) can finally breathe a sigh of relief: Fortnite virtual currency is not taxable. If youâve seen headlines suggesting that it is taxable - and then contrary headlines saying that it is not - hereâs what happened. In October of 2019, the following language was spotted on the Internal Revenue Service (IRS) website... Taxation The Status of the âMarriage Penaltyâ When Clients Flout the Related Party Rules After Confusion, IRS Clarifies Tax Treatment Of Fortnite & Gaming Currencies Accounting/Audit CPAs Need to Watch These Health Care Pricing Rules Business News When Is It Okay to Recline Your Airplane Seat? Etiquette Experts Have the Answers | TOP 5 MOST READ Taxpayer-favorable Changes in the Bonus Depreciation Regs. Lesson From The Tax Court: IRS Automated Matching Program Not An 'Examination' Early IRS Numbers Show Taxpayers Arenât Rushing To File Taxes In 2020 IRS Proposes Update to Income Tax Withholding Rules Art of Accounting: Content vs. Issue Tax Return Review Disagreement TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS The CPA Players Present: The Empire Strikes Back | 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. |