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Recent Tax News

  • IRS to rule on tax-free stock distributions
    The IRS is introducing an 18-month pilot program under which it will once again issue letter rulings concerning the general income tax effects of stock distributions under Sec. 355.
  • Rules would allow truncated taxpayer IDs on Forms W-2
    In an effort to reduce identity theft, the IRS issued proposed regulations that would permit employers to use truncated taxpayer identification numbers (TTINs) on Forms W-2, Wage and Tax Statement.
  • Hurricane Irma victims get IRS reprieve
    Acting quickly in the wake of Hurricane Irma, the IRS gave filing and payment extensions to hurricane victims in 16 counties in Florida, all of St. John and St. Thomas in the U.S. Virgin Islands, and four municipalities in Puerto Rico.

Robert Stamey, CPA

Managing Partner
Address:
4911 Bennington Ave
Baton Rouge
LA
70808-3153
USA

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 225-925-1120
Fax: 225-927-8124
http://www.laccpa.com

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Recent Accounting News

  • IRS to rule on tax-free stock distributions
    The IRS is introducing an 18-month pilot program under which it will once again issue letter rulings concerning the general income tax effects of stock distributions under Sec. 355.
  • What’s next for FASB
    FASB voted to work on developing accounting rules to address areas of distinguishing liabilities and equity, financial performance reporting, and segment reporting.
  • FASB proposes reorganizing consolidation guidance
    Amid concerns that financial reporting guidance for consolidation is difficult to understand and navigate, FASB proposed a reorganization of the rules.