The Internal Revenue Service has released new procedures for shareholders that want the IRS’s automatic consent for changing to or from the net asset value method of accounting for gains or losses on shares in a money market fund.
 
 
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Jul 13, 2016
 
 
 
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IRS Revises Procedures for Change in Accounting for Money Market Gains and Losses
by MICHAEL COHN
 
The Internal Revenue Service has released new procedures for shareholders that want the IRS’s automatic consent for changing to or from the net asset value method of accounting for gains or losses on shares in a money market fund.
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IRS Lowers Fee for Applying as Tax-Exempt Charity
by MICHAEL COHN
 
The Internal Revenue Service has lowered the user fee for charities applying for tax-exempt status.
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Group Files Complaint against Trump with IRS
by MICHAEL COHN
 
A left-leaning advocacy group has filed a complaint against Donald Trump with the Internal Revenue Service accusing the presumptive Republican presidential nominee of violating the law for using money from his tax-exempt charitable foundation to buy an autographed football helmet and jersey from NFL player Tim Tebow.
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IRS Issues Rules for Registering 501(c)4 Organizations
by MICHAEL COHN
 
The Internal Revenue Service has released a new revenue procedure and regulations outlining how organizations can notify the IRS they are operating as tax-exempt social welfare groups under Section 501(c)4 of the Tax Code.
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Three Steps to Growing Your Bottom Line - Without Hiring More Staff
 
In the past, advances in technology have primarily helped accountants perform client engagements faster and easier.
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10 Questions You Must Ask Before You Sign
 
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