Dec 23, 2019
In the world of tax law, words have statutorily set definitions or
are interpreted by judges using precedent and reason. Annette
Nellen, Esq., CPA, CGMA, walks us through four recent decisions by
the U.S. Tax Court to show how the precise application of a word or
phrase can make a world of...
Dec 18, 2019
The Tax Cuts and Jobs Act made tax accounting easier for many
businesses with average annual gross receipts of $25 million or
less (inflation-adjusted to $26 million for 2019). The benefits
include the cash method of accounting, exemption from UNICAP rules,
exemption from some inventory accounting requirements, and...
Dec 16, 2019
What’s the latest on a new licensure model proposed by the National
Association of State Boards of Accountancy and the AICPA? This
podcast episode gets you caught up.