News


IRS Issues Guidance on Business Interest Expense Limitations
 

IRS Issues Guidance on Business Interest Expense Limitations

Posted: April 2, 2018
The notice describes rules addressing the calculation of the business interest expense limitation at the level of a consolidated group of corporations and other rules to clarify certain aspects of the law as it applies to corporations.



Score Holds for CPA Exam
 

Score Holds for CPA Exam

Posted: March 14, 2018
CPA Exam candidates: There are score holds for the 2018 Q2, Q3 and Q4 testing windows due to the launch of new exam software.

IRS to End Offshore Voluntary Disclosure Program
 

IRS to End Offshore Voluntary Disclosure Program

Posted: March 14, 2018
The IRS has announced it will begin to ramp down the 2014 Offshore Voluntary Disclosure Program and close the program on Sept. 28. Any U.S. taxpayers with undisclosed foreign financial assets are encouraged to use the program before it closes.



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.