Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...
We wrapped up our annual Conference on Current SEC and PCAOB Developments last week, and it’s hard to pick a single theme or ...
The Professional Ethics Executive Committee voted to issue an exposure draft of Proposed Revisions Related to Alternative ...
GASB issued Statement No. 105, Subsequent Events, which clarifies types of subsequent events and information that should be ...
Despite the Eleventh Circuit holding that the Corporate Transparency Act is constitutional, an interim rule from Treasury ...
At the AICPA National Tax Conference, digital assets expert Nik Fahrer, CPA, sympathized with tax pros who dread the upcoming ...
The documents that comprise the taxonomies can be accessed via FASB’s taxonomies webpage or individually at the following ...
A coalition’s letter to the Department of Education expresses opposition to draft regulations that would exclude accounting ...
Melanie Lauridsen, the AICPA’s vice president–Tax Policy & Advocacy, looks ahead to tax filing season with JofA podcast host Neil Amato at the Digital CPA Conference in National Harbor, Md. Melanie ...
A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...
The IRS provided guidance Tuesday on new tax benefits for health savings accounts (HSAs) that include allowing bronze and catastrophic plans to be considered HSA-compatible under Sec. 223. The changes ...