
Tax, accounting, auditing news - Journal of Accountancy
The IRS issued the 2026 depreciation limitations for passenger vehicles, including those for which bonus depreciation is applied.
Posted: March 4, 2026, 12:49 pm
The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and examples on the four temporary deductions.
Posted: March 2, 2026, 9:45 pm
The board is accepting comments through April 27 on proposed authoritative guidance related to subsidies in Statement No. 103, Financial Reporting Model Improvements.
Posted: March 2, 2026, 5:32 pm
