Jan 25, 2:00pm Most of the provisions of the Tax Cuts and Jobs Act won’t affect 2017 tax returns – but tax season is a great chance to talk to your clients about preparing for all the changes coming in 2018.
As the long march to April 15 begins, this special report will cover everything tax preparers need to know, from the latest regulatory and legislative updates, to technology developments, staffing issues, and more.
Jan 9, 2:00pm Join us for a one hour discussion on Tuesday, January 9th to learn how you can make the 2018 Tax Season smoother and promote greater work/life balance by adopting easy-to-implement solutions.
Marisa Garcia, managing director of CohnReznick Advisory, discusses what companies need to know about FASB's new revenue recognition standard and what they should do about it.GARCIA: So by the beginning of 2018 public companies should have already evaluated the financial statement effects of the adoption of the new standard. They’re going to have to disclose it in their form 10k for 2017 and the first quarter filing for 2018 will have reflected the effects of the adoption of the new standard, with all of the required disfinancial statement disclosers. Private companies by the beginning of 2018 should already begin, or have begun, the assessment phase to evaluate what financial stamen impact the financial accounting standard ASAC 606 will have on their financial statements as they’ll be required to adopt it January 1, 2019.