AccountantsWorld Daily News Classic Lesson From The Tax Court: The Ole December 31st Check Problem (TaxProf Blog) - Timing is at least as important in tax as it is in comedy...the question sometimes arises about when must a taxpayer report as gross income a check received on December 31st but not cashed until January. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Test Your Knowledge of Employee Benefit Plan Audits (JofA) - Employee benefit plan audits present a tremendous opportunity for CPAs to provide valuable service to the public. After all, what could be more rewarding than performing a service that will give people confidence that their retirement funds are being properly administered? IRS Issues Guidance on Small Business Accounting Method Changes Under Tax Cuts and Jobs Act (IRS) - The IRS issued guidance on new tax law changes that allow small business taxpayers with average annual gross earnings of $25 million or less in the prior three-year period to use the cash method of accounting. The Best Mobile Payment Systems (LifeHacker) - CR ranked Apple Pay, Squareâs Cash App, Facebook P2P Payments in Messenger, Venmo and Zelle, based on payment authentication security, data security, data privacy, customer support and broad access. Understanding âIdjits' (CalCPA) - An introduction to intentionally defective grantor trusts, which have become a popular estate tax planning tool in recent years. Taxation Classic Lesson From The Tax Court: The Ole December 31st Check Problem IRS Issues Guidance on Small Business Accounting Method Changes Under Tax Cuts and Jobs Act Understanding âIdjits' IRS Faulted for Efforts to Deter Tax Preparer Misconduct Accounting/Audit Test Your Knowledge of Employee Benefit Plan Audits Business News Stuck With Graduate School Debt? Here's How to Get Things Moving | TOP 5 MOST READ Locating the Tax Home for Retirees Congress Again Considers Licensing Preparers Treasury and IRS Propose Regs for Increasing Depreciation Deduction to 100% New Tax Break? Trump Administration Considers Indexing Capital Gains For Inflation The Tax Accountant Who Accidentally Turned into a Successful CFO TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS Parks and Rec Accounting Jokes | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |