The Federal Accounting Standards Advisory Board is looking for input on some proposed changes in accounting standards for the federal government in the area of leases. The changes come amid the rollout of the Financial Accounting Standards Board’s far-reaching leases standard for businesses, which would put operating leases on the balance sheets of companies for […]

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The IRS will waive the estimated tax penalty for any qualifying farmer or fisherman who files a 2018 federal income tax return and pays any tax due by Monday, April 15. The deadline is Wednesday, April 17, for taxpayers in Maine and Massachusetts. The IRS is providing this relief because, due to certain rule changes, […]

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