The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.
 
 
Accounting Today
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Jul 16, 2018
 
 
 
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IRS plans regulations on non-grantor trusts and new tax law
 
IRS plans regulations on non-grantor trusts and new tax law
by MICHAEL COHN
 
The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes. READ MORE »
 
 
IRS owes tax refunds to 133,000 injured veterans
 
IRS owes tax refunds to 133,000 injured veterans
by MICHAEL COHN
 
The Internal Revenue Service is preparing to send millions of dollars to vets who received disability severance payments starting in 1991. READ MORE »
 
 
 
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KPMG teams with SAS on CECL guidance
 
KPMG teams with SAS on CECL guidance
by MICHAEL COHN
 
KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020. READ MORE »
 
 
 
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SASB makes transition to new leadership
 
SASB makes transition to new leadership
by MICHAEL COHN
 
The Sustainability Accounting Standards Board held its first board meeting under its new leadership this week to discuss progress on its provisional standards, with an eye to releasing them in the fall. READ MORE »
 
 
 
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