Line items

IRS offers further K-2/K-3 relief

The new-for-2021 schedules for passthroughs with items of international tax relevance have vexed many practitioners.

IRS identifies paused taxpayer noticES

Certain letters advising of unfiled returns and unpaid taxes are suspended while the IRS works through its backlog of unprocessed returns.

Tax pros share IRS service challenge stories, solutions

Representatives of organizations making up the Tax Professionals United for Taxpayer Relief Coalition, which includes the AICPA, provide background in an online forum for the coalition’s taxpayer relief recommendations to the IRS.

IRS backs away from facial recognition

Amid criticism, the Service scraps its plans for a third-party company to authenticate taxpayers’ identities with a “selfie” photo to create and log in to online services.

Where to find May’s flipbook issue

The Journal of Accountancy is now completely digital. 





Implementing lease accounting

FASB’s Codification (ASC) 842, Leases, requires companies to make significant changes in the way they report operating leases. But one of the initial challenges might be simpler than you think … find out more with this report.