2018-01-15 A Sequel 26 Years Later
Current Federal Tax Developments for the week of January 15, 2018 - A Sequel 26 Years Later Current Federal Tax Developments is brought to you by the state CPA societies and the Loscalzo Institute, a Kaplan Company.
This week we look at the following items:
- Supreme Court to take on South Dakota’s challenge to the 1992 Quill decision on nexus for sales taxes
- FASB will allow private companies and not-for-profits to apply SEC Staff Accounting Bulletin 118 to deal with TCJA deferred taxes
- Joint Committee on Taxation publishes its annual list of expired and expiring tax provisions, now updated for TCJA’s individual items
- IRS finds a fuel reward programs where it agrees that a taxpayer can take accrued but unredeemed amounts as a current deduction
- IRS publishes early percentage withholding tables for wages under TCJA
An audio version of this week's broadcast can be streamed or downloaded below:
Articles on the topics discussed this week can be downloaded in the PDF below: