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Period selection

About this topic

Based on the AICPA Competency Framework: Tax and Personal Financial Planning, these learning resources - primarily focused on US tax - are designed to help CPAs understand the knowledge and skills necessary to address the needs of their clients and firms.

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Accounting period planning may provide preferred year

This item highlights the accounting period rules and the guidance for changing an accounting period for the most common types of entities.

Article Period selection Intermediate

Special depreciation: 3 choices present new options

Recent changes have given taxpayers three attractive options for taking deductions in the year property is placed in service. This article explores the options.

Article Methods Intermediate