News

IRS Releases Updated Withholding Calculator
 

IRS Releases Updated Withholding Calculator

Posted: February 28, 2018
The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December.



 AICPA Sends Congress Recommended Technical Corrections to New Tax Law
 

AICPA Sends Congress Recommended Technical Corrections to New Tax Law

Posted: February 22, 2018
Recommendations include clarifying the effective date for net operating losses for fiscal year filers, clarifying the property class life on qualified improvement property and correcting a section concerning charitable deductions that reduces the allowed charitable deduction if assets other than cash are donated.