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The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard.
March 28
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The IRS is still seeking other candidates for the advisory committee.
March 23
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Strategic decisions should be considered that make it important to understand the regulations and their impact.
March 10
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The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to develop a new income tax form to improve S corporation shareholder compliance with basis rules.
February 23
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Lawmakers are questioning the Secretary of State about his agreement with the energy giant where he was formerly chairman and CEO.
February 22
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The former bank executive will fill the role of chief spokesman for the dollar and steward for the Trump administration’s economic priorities.
February 14
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Legislation aimed at preventing fraud could cost the economy as much as $21 billion this month.
February 8
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The Treasury Department is partnering with TaxAct, TaxSlayer and Intuit’s TurboTax to encourage tax filers to open retirement savings plans.
January 14
