IRS Releases New Guidance on Taxability for Certain Virtual Currency Transactions
Pay close attention, cryptocurrency investors: on Oct. 9, 2019, the IRS issued Revenue Ruling 2019-24 and 43 Questions and Answers,
Make Your P&L More User-Friendly: Tips for Making the Most of Your Income Statement
Tips for making the most of your income statement: A surprising number of restaurant owners and managers avoid looking at
IRS Releases Draft Revision of Schedule K-1 and Notice on Reporting Partnership Capital
This year, the IRS released a new draft revision of Schedule K-1 proposing several changes for tax year 2019. Of
The Non-profit Parking Tax Has Been Repealed
Thanks to a bipartisan effort in the U.S. House and Senate, the non-profit parking tax (commonly referred to as the
Three Things You Need to Know About Opportunity Zone Tax Incentives with New Developments
While the enactment of the TCJA and its stemming tax consequences have received mixed results, many taxpayers should be pleased
Not All SOC 2 Reports are Created Equal
Information security in and of itself is incredibly complex. And the framework for SOC 2 examination and reporting is equally
New In-Person Meetings with Revenue Officers Aim to Encourage Compliance… But What Are the Risks?
On Nov. 15, 2019, the IRS announced a new compliance protocol that will involve deploying agents around the country to