Weekly IRS Roundup December 21 – December 26, 2020
By EsqSocial Corporation 31/12/20
Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 21 – December 26, 2020... December 21, 2020: The IRS released TD 9941 containing final regulations regarding the timing of income inclusion under an accrual method of accounting, including the treatment of advance payments for goods, services and certain other items....
By: McDermott Will & Emery