ASU 2019-12 aims to simplify Topic 740 in GAAP.
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December 19, 2019
Upcoming Events December 19, 2019
FASB updates accounting for income taxes
By Daniel Hood      1 min read
ASU 2019-12 aims to simplify Topic 740 in GAAP.
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A flurry of Microsoft news, and other tech stories you may have missed
By Gene Marks
The middle market pursues growth through technology, better banking for small businesses, and seven other things that happened this past month.
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Sikich expands into D.C. area
By Daniel Hood      3 min read
The Top 100 Firm is acquiring Alexandria, Virginia-based Halt, Buzas & Powell.
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Blockchain snuck up on us
By Ranica Arrowsmith      3 min read
If you’ve noticed less talk about blockchain this year from technology product makers, that’s on purpose: Companies have realized big promises without flashy results makes consumers suspicious.
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IASB proposes major revamp to financial reporting
By Daniel Hood      1 min read
The board wants more comparability and transparency around non-GAAP measurements.
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Lukka debuts DIY crypto tax prep product
By Ranica Arrowsmith      2 min read
Lukka, which makes blockchain products for the cryptocurrency ecosystem, has debuted a do-it-yourself tax preparation product for taxpayers reporting cryptocurrency assets on IRS Forms 1040 and 8949.
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Connecticut Society campaign looks to connect members
By Sean McCabe      1 min read
The state CPA society is urging its member to share knowledge and connect with one another online and elsewhere.
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Regs proposed on compensation deductions
By Jeff Stimpson      1 min read
Among other things, the IRS’s proposals offer a new set of definitions.
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IRS ETAAC seeking applicants
By Jeff Stimpson      1 min read
Selected nominees will serve three-year terms advising on technological issues.
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Oil trader sues for $52M tax refund
By Andy Hoffman      1 min read
The company claims a huge amount of fuel taxes were improperly collected.
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