PwC decided to shut down their office for summer and winter holidays to give employees more time to recharge.
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Best of the Week
February 22, 2020
Upcoming Events February 22, 2020
Shut down the office: One company’s vacation solution
By Kayla Webster      3 min read
PwC decided to shut down their office for summer and winter holidays to give employees more time to recharge.
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IRS plans visits to high-income taxpayers who didn’t file returns
By Michael Cohn      3 min read
Internal Revenue Service officials said Wednesday they will be visiting approximately 800 taxpayers who earn over $100,000 a year and haven’t filed one or more tax returns in prior years.
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Accounting firms honored as Fortune's 2020 "100 Best Companies to Work For"
By Sean McCabe      1 min read
The Big Four, other accounting firms and related businesses were recognized for their workplace culture and innovation.
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ACCA and IMA report on global economic issues
By Michael Cohn      2 min read
The Association of Chartered Certified Accountants and the Institute of Management Accountants released a report Wednesday on some of the major long-term issues affecting the world economy.
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Balance sheet liabilities jumped after lease accounting change
By Michael Cohn      2 min read
The new standard caused lease liabilities for the average company to skyrocket 1,475 percent, from $4.4 million to $68.9 million post transition.
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NSA chimes in on IRS restructuring
By Jeff Stimpson      2 min read
The organization recommends more practitioner input on training, among other things.
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SPONSOR CONTENT
Podcast: Tax Rules Just Got A Lot More Complicated
On the surface, 199A and 163(j) seem pretty straightforward but looks can be deceiving. The 2017 Tax Cuts and Jobs Act raises thorny new questions for even the simplest pass-through entities.
Listen to the podcast
Taxpayers were on losing side more often in SALT lawsuits
By Michael Cohn      3 min read
Taxpayers prevailed in only 23 out of 55 (41.8 percent) of the significant tax cases involving state and local taxes in the fourth quarter of 2019, and for the entire year only 83 out of 218 (38.1 percent) of the significant tax cases in 2019, according to a recent analysis.
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In the blogs: No bots about it
By Jeff Stimpson      4 min read
5G and the cloud; EITC refund timeframe; EideBailly; and other highlights from our favorite tax bloggers.
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Greater scrutiny for conservation easements
By Roger Russell      4 min read
They’re still valuable, but require stricter attention to the rules than ever.
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Tax Fraud Blotter: Get that mortgage back!
By Jeff Stimpson      6 min read
EZ out; Totaled; to the cooler; and other highlights of recent tax cases.
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