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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Get startedThis item highlights the accounting period rules and the guidance for changing an accounting period for the most common types of entities.
Recent changes have given taxpayers three attractive options for taking deductions in the year property is placed in service. This article explores the options.