February 2019 - Journal of Accountancy

For the first time this tax season, many taxpayers will be claiming the Sec. 199A deduction, which provides a deduction for 20% of qualified business income.

How good are you at spotting red flags that may indicate contract and procurement fraud? Take this month’s Fraud IQ quiz and find out.

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. Smaller organizations with limited resources can smoothly implement FASB’s new rules by following some best practices.

Not-for-profits should proceed carefully as they consider whether to accept gifts of virtual currency. And here’s how they should proceed if they do.

Starting this year, C corporations can claim a foreign-derived intangible income deduction of 37.5%.