International


  The International Federation of Accountants (IFAC) launched an Internet portal for accountants employed in business and industry. The site ( www.ifacnet.com ) provides one-stop access to previously hard-to-find articles, guidance and tools. Thirteen accounting organizations, including the AICPA, together with IFAC, have agreed to share their electronic resources through IFACnet . Although there is no fee to use the site, some searches may identify documents or publications available for purchase.

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Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.