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The Financial Accounting Standards Board recently issued an Accounting Standards Update that addresses two lessor implementation issues and clarifies that lessees and lessors are exempt from a certain interim disclosure requirement associated with adopting the new leases standard.
View MoreThe IRS warns taxpayers to avoid unethical tax return preparers, known as “ghost” preparers.
View MoreThe IRS will waive the estimated tax penalty for any qualifying farmer or fisherman who files his or her 2018 federal income tax return and pays any tax due by Monday, April 15, 2019.
View MoreThe IRS recently reiterated its warning that taxpayers may not be able to renew a current passport or obtain a new passport if they owe federal taxes.
View MoreMost taxpayers born in the last 60 years have the expectation that their preparer is harnessing electronic tools to help eliminate errors, speed up processes and make their overall client experience a positive one.
View MoreThe IRS recently announced that interest rates will remain the same for the calendar quarter beginning April 1, 2019 as they were in the first quarter of 2019.
View MoreAs many students quickly learn, time management in college can be a tricky skill to master. Finding that perfect balance between work, school and their various organizations may take some students more time than others.
View MoreThe IRS recently issued Revenue Ruling 2019-07 that provides various prescribed rates for federal income tax purposes.
View MoreFASB recently issued a proposed Accounting Standards Update and Invitation to Comment on the recognition and measurement of deferred revenue in business combinations.
View MoreOn Tuesday, Feb. 12, TSCPA hosted a Legislative Reception in Nashville. Members from across the state came out to discuss issues and bills that could impact the CPA profession with their senators and representatives.
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