MORE HEADLINES
IRS Increases Interest Rates for 2nd Quarter 2018 (CPA Practice Advisor) - Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
CPAs and Estate Planning (CAL CPA) - Our previous article (California CPA, November 2017) pointed out the unique opportunities that exist for CPAs to actively participateâwith the attorney and other advisersâin the estate planning process for selected client families.
Treasury To Close Carried Interest Loophole (TaxProf Blog) - The formal move, previously announced by Treasury Secretary Steven Mnuchin, will be followed by regulations that will be retroactive to Jan. 1, the government said. ...