2019 - Page 12 of 17 - Journal of Accountancy

The magazines

May 1, 2019

Avoid tax traps with a timely appraisal

New basis-consistency requirements make defensible valuations even more important.

May 1, 2019

Bonus depreciation safe-harbor rules for vehicles issued

Rev. Proc. 2019-13 allows a deduction in succeeding years of excess unrecovered basis remaining after the Sec. 280F first-year limitation.

May 1, 2019

Firms selected to co-sponsor scholarship and internship program focused on diversity

Each firm will co-sponsor one student for an internship during the 2020 tax season (January–April). The AICPA will then award up to $20,000 per student to assist with tuition in his or her final academic year.

May 1, 2019

New audit disclosures

Complying with the new PCAOB auditor’s reporting standard requires careful consideration of the most challenging matters in a public company audit.

May 1, 2019

A dozen Excel time-savers

I’ve compiled a list of a dozen Excel tricks that will help any CPA become more efficient and effective.

May 1, 2019

The meaning of qualified W-2 wages under Sec. 199A

Determine the best method for computing “total W-2 wages” for purposes of the Sec. 199A qualified business income deduction.

May 1, 2019

Scholarships aid 20 incoming freshmen pursuing careers in accounting

Twenty students received the second annual AICPA Foundation High School Scholarship for incoming college freshmen planning to pursue careers in the accounting profession.

May 1, 2019

FASB alters accounting for episodic TV series

The change is a response to the popularity of online streaming services.

May 1, 2019

Optimizing residential real estate deductions

The new Sec. 199A safe harbor and tangible property regulations offer ways for landlords to reduce taxable income from rentals.

May 1, 2019

Discovering a better answer

Meet Bill Reeb, CPA/CITP, CGMA, the AICPA’s 2019–2020 chair.

May 1, 2019

FASB proposes guidance for measuring share-based payments to customers

The change is intended to reduce confusion after a 2018 update.

May 1, 2019

Software offers ‘Fresh’ approach to small business invoicing

FreshBooks is a basic bookkeeping software package that specializes in providing invoices for very small businesses and freelancers. Launched in 2004, FreshBooks today offers cloud-based bookkeeping tools to manage invoices, payments, and expenses, and also to provide minimal time management.

May 1, 2019