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The National Society of Accountants wants the Internal Revenue Service to provide a six-month extension for businesses to opt to be treated as S corporations for this year, arguing the current deadline of March 15 is too soon to make a decision given the uncertainty surrounding the new tax law.
March 8
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When 2018 taxes are due in April 2019, millions of Americans could find themselves owing the government far more than was withheld. Millions of others could find they paid too much in 2018, resulting in unusually large refunds.
March 8
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Accountants may face their own Section 199A issues
March 8
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Taxes, cybersecurity, global trade and tariffs, and executive misconduct in the midst of the #MeToo movement are just some of the topics likely to come up at this year’s stockholder events, according to BDO USA.
March 7
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The impact of the Tax Cuts and Jobs Act is beginning to be felt on hiring.
March 7
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A lawmaker wants to recapture some of the money the state may be losing from the new tax law's limits on the SALT deduction for individual taxpayers.
March 7
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Chief financial officers in the U.S. are feeling better than ever in the wake of the tax overhaul enacted late last year.
March 7
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The Internal Revenue Service has tweaked some of its previously released brackets and limits.
March 6
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Changes in the rules for like-kind exchanges may cause owners to reconsider swapping athletes.
March 6
