Current Federal Tax Developments for the week of April 3, 2017 - FASB Meets the IRC. Current Federal Tax Developments is brought to you by the state CPA societies and Nichols Patrick CPE.
This week we look at the following developments
- Guidance issued on payroll tax version of reserach credit just as preparation of first quarter 941s begins
- The Tax Court denies a deduction for a management fee paid to a related party
- 2017 vehicle depreciation limits and lease inclusion tables released
- IRS releases proposed Revenue Procedure to deal with accounting changes caused by FASB’s Revenue Recognition Standard
The audio only version can be streamed or downloaded below.
The articles for this week's developments can be downloaded as a PDF below.