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Rev. Proc. 2019-46 reflects changes from the Tax Cuts and Jobs Act.
| Ten major trends in IRS audits | | By Jim Buttonow
| | Technology, declining budgets and other factors are radically changing how and which tax returns get looked at. | |
| Art of Accounting: Accountants’ delinquent tax filing | | By Edward Mendlowitz 2 min read
| | Accounting firm owners and partners who did not get their own tax returns in on time face losing their licenses, being expelled from their professional societies, losing their livelihoods and possibly being imprisoned. | |
| Opportunity zone investments off to an uncertain start | | By Michael Cohn 5 min read
| | The tax break included in the Tax Cuts and Jobs Act that encourages real estate investors to develop projects in economically distressed communities in exchange for deferring capital gains taxes for years has come under fire for not living up to its promise. | |
| In the blogs: Billing me softly | | By Jeff Stimpson 2 min read
| | Sexism in the code; partner unity; third parties preparing returns; and other highlights from our favorite tax bloggers. | |
| Trump gets reprieve from release of N.Y. state tax returns | | By Andrew Harris and Laura Davison 3 min read
| | The president should have a chance to block House Democrats from obtaining his New York state tax returns, a federal judge decided, in a boost for the president as he fends off other subpoenas for his financial records while facing an impeachment inquiry. | |
| Bill.com files for IPO | | The company behind the very popular business billing and payments app filed for a $100 million initial public offering on Nov. 15. | |
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