Tax Strategies

Successful Tax Strategies: Cutting through the complexities of the Tax Code.

New IRS Reporting Requirement for Businesses
January 28, 2010

The IRS announced earlier this week that it is going to require business taxpayers to report their uncertain tax positions as determined under accounting statement FIN 48. A new schedule is being developed for businesses with total assets that exceed $10 million and may be required for 2009 tax returns. For the full IRS Annoucement 2010-9, click here.

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