The Internal Revenue Service issued its annual revenue procedure containing inflation-adjusted amounts for the 2017 tax year, affecting more than 50 Code provisions, as well as the new tax-rate tables for individuals and estates and trusts. Sally Schreiber, JofA senior editor, takes us through the revenue procedure.
To read the full article in the Journal of Accountancy, click: IRS Issues 2017 Inflation Adjustments for Many Tax Provisions.
