News

IRS Moves for Stay of PTIN Fee Injunction
 

IRS Moves for Stay of PTIN Fee Injunction

Posted: July 27, 2017
The IRS has moved for a stay of the injunction that prohibits it from charging a fee for preparer tax identification numbers. If granted, the stay will allow the IRS to charge the fee while it decides whether to appeal the District Court decision that strikes down the fee and, if it does appeal, during the appeal.


IRS Office of Appeals Pilots Virtual Service
 

IRS Office of Appeals Pilots Virtual Service

Posted: July 24, 2017
The Internal Revenue Service Office of Appeals will soon pilot a new web-based virtual conference option for taxpayers and their representatives. This virtual face-to-face option will provide an additional option for taxpayer conferences.





Private Company Council Meeting Recap for July
 

Private Company Council Meeting Recap for July

Posted: July 12, 2017
The Private Company Council met on July 11 to share stakeholder input from the private company Town Hall meeting in June. FASB staff delivered updates and the PCC gave input on various projects.


AICPA Drafts More Revenue Recognition Guidance
 

AICPA Drafts More Revenue Recognition Guidance

Posted: July 6, 2017
The AICPA has released several more working drafts of industry-specific guidance related to various implementation issues involving the revenue recognition standard and is asking for feedback on them.