A company’s treatment of bonus accruals may create IRS audit exposure for accrual method taxpayers. Under IRC Sec. 446, bonuses must meet an “all events test” to be accrued at year-end. The all events test… read more
New guidance was issued that will change the methodology and timing for recognizing revenue under multi-element products. Will your Company Need to File for a Tax Accounting Method Change? These newly adopted accounting policies… read more
November 18, 2010 — Pat Anderson, WTAS Managing Director, talks about how new revenue recognition standards may impact tax and financial reporting. WTAS and MorganFranklin invite you to join a live webinar to review… read more
An appellation or American Viticultural Area (AVA) is a grape-growing region distinguishable by geographic features only, the geographic boundaries of which are defined by the Alcohol and Tobacco Tax and Trade Bureau. California… read more