Fin 48

FASB Responds to FAF's PIR of FIN 48

03/20/2012 - 12:49 - 442 reads

In a press release issued earlier today, the FASB summarized its response to the findings of the FAF's Post-Implementation Review (PIR) of FIN 48 (Accounting for Uncertainty in Income Taxes).

FASB Chairman Leslie F. Seidman stated:

FEI

FASB's Newest PIR (Bus Comb, Segments, & GASB 3)

02/18/2012 - 12:17 - 793 reads

Earlier this week, the Financial Accounting Foundation (which oversees the FASB and GASB)

FEI

IRS wants businesses to disclose all uncertain tax positions

02/10/2010 - 23:07 - 5431 reads - 1 comment

The IRS has announced that it is developing a schedule to be filed with the Form 1120 that will require certain business taxpayers to disclose and describe uncertain tax positions on their tax returns.

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