While 2022 returns are relatively unaffected by recent
tax law changes, a few new issues will require preparers’ attention.
TAX
January 2023 - Journal of Accountancy
TAX
Filing season quick guide — tax year 2022
Download and print our annual quick guide, a tax season reference, highlighting dollar thresholds, tax tables, standard amounts, credits, and deductions.
FINANCIAL REPORTING
Initial direct cost and deferred rent under FASB ASC 842
Topic 842 requires that initial direct costs be added to the right-of-use asset and included in its subsequent amortization.
PROFESSIONAL DEVELOPMENT
Build your skills for a career in ESG
In the emerging ESG field, almost everyone is still adapting and learning. Several professionals explain how they made the transition into this key, fast-growing practice area.
TAX
The rise of the cash balance pension plan
Become familiar with this hybrid type of pension plan and its advantages for the right businesses.
ADVERTISING SUPPLEMENT
Opening doors to expand tax and accounting careers
At Intuit, Joe Lillie leads an organization of 10k+ seasonal and full-time tax and accounting professionals who interact live with consumers through virtual engagements, helping them to maximize their tax deductions and outcomes while using our TurboTax product.
COLUMNS
PROFESSIONAL LIABILITY SPOTLIGHT
TAX MATTERS
TECHNOLOGY Q&A
LAST WORD
FROM THIS MONTH'S ISSUE
Cannabis dispensary denied ERC
The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.
