Current Federal Tax Developments

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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

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2018-01-15 A Sequel 26 Years Later Ed Zollars, CPA

Articles on the topics discussed this week can be downloaded in the PDF below:

2018-01-15 Current Federal Tax Developments