Journal of Accountancy

[ILLUSTRATION OMITTED] As CPAs gear up for tax season, they'll find the Form 1040 series for 2011 looking...

EXECUTIVE SUMMARY * FASB's revised proposal would create a single revenue recognition standard across industries for both U.S....

EXECUTIVE SUMMARY * In its examinations of the returns of small business taxpayers, the IRS is increasingly requesting...

The Tax Court held that a couple could deduct interest paid on a loan incurred to purchase property...

The Eleventh Circuit Court of Appeals affirmed a Tax Court determination that a qui tam whistleblower award to...

EXECUTIVE SUMMARY * Client advisory boards (CABs) give CPA firms and other businesses the opportunity to receive feedback...

In Notice 2011-88, the IRS postponed for a year the effective date of the backup withholding requirement for...

With unemployment still near the highest rate in decades, it is not surprising to find many people working...

EXECUTIVE SUMMARY * One of the biggest challenges in retaining partners and staff in a merger is reconciling...

EXECUTIVE SUMMARY * The Blue-Ribbon Panel on Standard Setting for Private Companies recommended in January 2011 U.S. GAAP...

EXECUTIVE SUMMARY * Tracking owners' basis in S corporation stock is a necessary but sometimes neglected task that...

A recently issued revenue ruling (Rev. Rul. 2011-29) provides accrual-method employers with a potential planning opportunity to secure...

Return preparers who needed to renew their preparer tax identification number (PTIN) for the 2012 tax preparation season...

The Sec. 6695(g) penalty for failure by preparers to exercise due diligence with respect to the earned income...

The IRS issued guidance on filing a protective claim for refund of estate tax and notifying the IRS...

Tax-exempt entities may establish as many as three types of tax-favored retirement plans. They may, of course, establish...

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