Read About - February 2020 Audit & Assurance NewsletterFebruary 12, 2020
ARSC further converges SSARSs with international standards and aligns closer with GAAS
The AICPA Accounting and Review Services Committee (ARSC) recently issued a new Statement on Standards for Accounting and Review Services (SSARS) that amends four sections of SSARS No
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Read About - IRS Releases Procedures for Fuel Tax Credit RefundsFebruary 3, 2020
The IRS has released procedures for claiming the biodiesel and alternative fuel tax credit that it retroactively reinstated
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Read About - New Rules Proposed on Charitable Contributions Related to State and Local Tax BenefitsFebruary 3, 2020
The IRS has released new proposed rules related to charitable contributions made to get around the $10,000/$5,000 cap on state and local tax (SALT) deductions
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Read About - California Changes Process for Head of Household Status ChangeFebruary 3, 2020
Beginning with returns filed for tax year 2019, the California Franchise Tax Board (FTB) will be able to determine if a taxpayer qualifies for Head of Household (HOH) when the return is processed
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Read About - National Taxpayer Advocate Delivers Annual Report to CongressFebruary 3, 2020
Acting National Taxpayer Advocate Bridget Roberts released her 2019 Annual Report to Congress
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Read About - California Residents with Qualifying Health Insurance and New Penalty EstimatorFebruary 3, 2020
Effective January 1, 2020, a new state law requires California residents to maintain qualifying health insurance throughout the year
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Read About - IRS Launches Website to Help “Gig Economy” Workers and BusinessesFebruary 3, 2020
The IRS has announced that it has launched the Gig Economy Tax Center on IRS.gov
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Read About - Maximize Lifetime Care Contracts with ROTH IRAs
Read About - Phase-In of Dividend Equivalent Payment Regulations Extended AgainFebruary 3, 2020
The Treasury Department and the IRS are going to amend dividend equivalent payment regulations under Internal Revenue Code (IRC) Section 871(m)
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