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EPISODE · Jul 31, 2020 · 4 MIN

IRS issues proposed regulations for TCJA’s simplified tax accounting rules for small businesses

from Tax & Current Accounting Topics

IRS issues proposed regulations for TCJA’s simplified tax accounting rules for small businesses  https://www.irs.gov/newsroom/irs-issu...The Internal Revenue Service today issued proposed regulations (PDF) updating various tax accounting regulations to adopt the simplified tax accounting rules for small businesses under the Tax Cuts and Jobs Act (TCJA).

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IRS issues proposed regulations for TCJA’s simplified tax accounting rules for small businesses

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