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IRS Reiterates Its “Prepaid Property Tax” Position for NJ Under the Tax Cuts and Jobs Act (TCJA), enacted on December 22, 2017, a taxpayer’s itemized deduction for state and local
One of the more complex matters facing state budgets is how best to deal with the largess of the federal government’s business incentives included in federal tax legislation. There is
Few consumers have paid all required sales taxes on taxable goods purchased from out-of-state vendors, especially when those items have been purchased from sellers on the internet. While most states
Practitioners and taxpayers alike continue to try and assimilate the many changes to the Internal Revenue Code that were enacted into law under the Tax Cuts and Jobs Act (TCJA)
ASU 2017-07 addresses clarity and consistency issues and will impact pension and postretirement plans. Public entities should adopt this update for fiscal years beginning after December 15, 2017. Nonpublic entities must
Advanced technology has enabled the IRS to conduct more audits, and taxpayers should be ready. Read more in the Summer 2018 GYF Perspectives.
Adding powerful AI and machine learning capabilities allows NetSuite to deliver the insight, interaction and automation that ERP customers need. Read more in the Summer 2018 GYF Perspectives. Learn about SuiteSuccess, a unified cloud
According to the PICPA, blockchain may play an important role in the future for accountants. Learn about the benefits, concerns and potential implications of this technology. Read the article from
Preparers of financial statements should be aware of several tax provisions contained in the Tax Cuts and Jobs Act that may affect financial reporting. Read the article from the Summer
Since the Tax Cuts & Jobs Act passed in December 2017, the IRS has issued numerous clarifications and updates on the provisions of the tax reform legislation. This article lists
In response to the Notice issued by the Internal Revenue Service (IRS) requiring taxpayers to adhere to federal tax law and its guiding concepts in deducting property tax payments on
The Internal Revenue Service (IRS) continues to provide guidance on the implementation of certain provisions within the Tax Cuts and Jobs Act. Nowhere is this guidance more prolific, and more
