Check out the digital edition of the August 2011 issue of Accounting Today.
The issue includes articles on these topics and more:
• What's new in sales and use tax;
• The top write-up applications;
• What financial planners look for in new hires; and
• The latest in the IFRS-U.S.GAAP debate.
To access the digital edition, click
The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years.
Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency's future plans.
A set of frequently asked questions from the IRS says the benefit can be excluded from income.
A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.
A CPA's embezzlement turns out to be no excuse for trust fund recovery penalties.
The number of individual income tax returns received rose by more than 17.5% in just one week, as tax season entered its final stretch.
