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This year, FASB and IASB issued a final, substantially converged revenue recognition standard. Access videos and articles on this new standard here.

Tax Update 3-3-15
Colorado DR 1366 Corrections, CDOR to issue paper checks for some state income tax refunds, and the IRS changes mailing address for Form 3115.

System Enhancements Implemented for 2014 CO Return Processing
CDOR has made the following system enhancements for the 2014 tax return processing season, as a result of discussion with COCPA members who participate on the COCPA/CDOR Joint Task Force.

Dept. of Revenue Implements Measures to Increase Protection of Taxpayer Information and Refunds
The Colorado Department of Revenue (CDOR), in conjunction with other states, has identified an increase in potentially fraudulent activity on individual income tax returns.

IRS Issues ACA Penalty Relief for Small Employers
Notice 2015-17 provides transition relief from the assessment of excise tax under section 4980D for small employers...

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