IRS updates withholding tables for new tax law

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IRS updates withholding tables for new tax law

The Internal Revenue Service released updated tax withholding tables for 2018 Thursday to reflect changes for the Tax Cuts and Jobs Act, amid warnings that the tables may not be accurate and will need further refinements. Notice 1036 is only the first in a series of steps the IRS plans to take to help
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America's Most Pressing Threat? Climate Change

When the newest U.S. National Security Strategy was released last month, many intelligence, military and foreign-policy professionals considered it a pleasant surprise. It hits most of the mainstream concerns facing the U.S.: the significant challenges we face from China, Russia, North Korea and Iran;
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Video Why companies are still unprepared for the rev rec standard

Marisa Garcia, managing director of CohnReznick Advisory, explains why so many industries are still dragging their heels on adjusting to the new revenue rules. Comments. Login or Register. Get AT in your inbox. Newsletter. Daily, Accounting Technology, Tax Practice, IRS Watch, SMB Finance, Guide
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FASB issuing guidance on applying tax cut law

The Financial Accounting Standards Board issued a one-page Q&A document Thursday from its staff letting private companies and nonprofits apply recent staff guidance from the Securities and Exchange Commission on the tax accounting implications of the recently passed Tax Cuts and Jobs Act and
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FASB Seeks Cut in Lease-Accounting Costs

Driven by feedback from corporate executives that complying with the Financial Accounting Standards Board's new lease-accounting standard will cost their companies substantially more than they previously thought, FASB is proposing what it thinks is a cheaper compliance option. Instead of companies
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