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What Tax Breaks Can Senior Home Sellers Receive This Year?
(Accounting Web) - When older couples sell their primary residences, what tax breaks are they entitled to? Expert Julian Block goes into detail about the options.
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Use This Checklist to Help Protect Client and Business Data
(Ohio CPA) - The Security Summit partners of the IRS is fighting back with a “Taxes-Security-Together” “Taxes-Security-Together” checklist to help tax professionals make their clients’ and firms’ data more secure. Dennis Bell, senior tax specialist at the IRS, presented the checklist at OSCA’s MEGA Tax Conference on Dec. 9. The list includes the “Security Six” – items the IRS suggests tax professionals have in place as safeguards. These are:
IRS to Open Tax Season Jan. 27, 2020
(CPA Practice Advisor) - The Internal Revenue Service confirmed that the nation’s tax season will start for individual tax return filers on Monday, Jan. 27, 2020, when the tax agency will begin accepting and processing 2019 tax year returns.
Accounting for Cloud Computing: What You Need to Know
(JofA) - Many companies and accounting firms have been focusing on new standards on revenue recognition and accounting for leases, hedging, and credit losses. But another new FASB standard — on cloud computing costs associated with a service arrangement...
What Is 5G, and How Fast Will It Be?
(How-to-Geek) - Once again, you can’t escape the 5G hype at CES. It’s been building since CES 2018. Everyone—from Samsung and Intel to cellular carriers and smartphone companies—wants you to know how amazing 5G will be.
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