 |
|
| |
Regulations address new statutory due dates for many tax returns (Journal of Accountancy) - Changes to the due dates and extensions of time to file various tax returns and information returns were implemented in a package of regulations the IRS issued on Wednesday (T.D. 9821, REG-128483-15). ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES House Democrats prod FASB to require country-by-country reporting (Accounting Today) - A group of 16 House Democrats has sent a letter to the Financial Accounting Standards Board asking it to require multinational companies to disclose more country-by-country reporting information in their public financial statements about where they pay taxes and book profits. Liscow & Woolston: How Income Taxes Should Change During Recessions (TaxProf Blog) - This paper offers recommendations for how the design of labor income taxes should change during recessions, based on a simple model of a recessionary economy in which jobs are rationed and some employees value working more than others do. 8 Rumors To Ignore If You Actually Want To Retire (Forbes) - As a financial planner who has been around for a while, Iâve overheard plenty of wild claims about retirement and money. How Long Should You Keep Tax Records? (Kiplinger) - Itâs a good idea to keep your tax returns indefinitely. You can usually toss supporting documents three years after the filing deadline. The IRS generally has to initiate an audit by then. But there are exceptions. Taxation Accounting/Audit | TOP 5 MOST READ
TOOLS OF THE TRADE e-BREAKS  How Kong Should have ended   |