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MFJ Taxpayers Need to Look Out for This Tax Payment SNAFU

(Accounting Today) - If the 'secondary' spouse makes a balance-due payment to the IRS, it may not get credited to their account.



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The Risks And Benefits Of Borrowing Against A Portfolio 
(Financial Advisor) - The potential risks generally make it only a short-term strategy.


New Tax Law Rewards Charitable IRA Retirees With A $50,000 Income Tax Deferral Opportunity 
(Forbes) - The SECURE 2.0 Act of 2022, which was included in the $1.7 trillion omnibus spending bill signed by President Biden on December 29, 2022, has a small gift...


Initial direct cost and deferred rent under FASB ASC 842 
(JofA) - Topic 842 requires that initial direct costs be added to the right-of-use asset and included in its subsequent amortization.


Home Price Increases Weakened Sharply in November, Posting the Smallest Annual Gain in 2 Years 
(CNBC) - Prices in November were still 8.6% higher than during the same month in 2021, but it was the first year-over-year reading in single digits in 21 months, according to CoreLogic. It is also the lowest rate of appreciation since November 2020.




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