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New Overtime Rule Will Go Into Effect January 1, 2020
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FASB proposes delays in 3 key effective dates
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The QBI deduction for rental real estate activity
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FASB to propose delaying effective dates for 4 major standards
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New: SAS No. 134, Auditor Reporting & Amendments & SAS No. 135, Omnibus Statement on Auditing Standards - Issued
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Governor Little outlines process to keep administrative rules in effect
Press Release: Governor Brad Little began laying out his plan today to ensure existing administrative rules remain in effect following the Idaho Legislature’s decision not to reauthorize the rules during the 2019 legislative session.
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House Passes Taxpayer First Act to Redesign IRS
The bipartisan bill overhauls the IRS’ tools of enforcement but also forbids it from competing with private tax-prep services.
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Tax Commission warns of identity theft scams, advises what to do if you become a victim
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What CPAs learned during difficult busy seasons
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The Ten Commandments of an IRS audit