 |
|
| |
IRS Audit: Taxpayers Claim $145,000 Income Tax Deduction for Donations to Goodwill (CPA Practice Advisor) - Although taxpayers can claim valuable income tax write-offs for gifts of property to charity, they should not get greedy. If a taxpayer doesnât have the proper records to back up the claims, most or all of the deduction may be denied. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Whatâs the Best Antivirus for Windows 10? (Is Windows Defender Good Enough?) (How-to-Geek) - Windows 10 wonât hassle you to install an antivirus like Windows 7 did. Since Windows 8, Windows now includes a built-in antivirus called Windows Defender... AICPA Issues TQAs on Use of Inappropriate Accounting Standard (JofA) - Developed in response to recent questions from AICPA members auditing governmental entities, including Indian tribes, the TQAs provide nonauthoritative guidance. US Second Quarter GDP Meets Expectations (CNBC) - U.S. gross domestic product increased 2.6 percent in the second quarter, meeting expectations. The New Accounting Standard on Credit Losses: Doubts Persist (Bloomberg BNA) - A year after the Financial Accounting Standards Board (FASB) issued Financial Instruments â Credit Losses with new rules requiring upfront recording of estimated expected credit losses on loan instruments, concerns persist... Accounting/Audit | TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  The Accountant   |