Tax Standards

Simplifying the accounting for income taxes

As part of its initiative to reduce complexity in accounting standards, FASB issued ASU No. 2019-12 in late 2019 for the purpose of simplifying accounting for income taxes.

Tax Insider Articles


Business meal deductions after the TCJA

This article discusses the history of the deduction of business meal expenses and the new rules under the TCJA and the regulations and provides a framework for documenting and substantiating the deduction.


Quirks spurred by COVID-19 tax relief

This article discusses some procedural and administrative quirks that have emerged with the new tax legislative, regulatory, and procedural guidance related to COVID-19.