Tax Ethics & Professional Standards
This page provides guidance and information on tax ethics & professional standards for tax practice, as well as practice aids and resources to help members elevate their practices and maintain the highest ethical standards.
Published on September 26, 2014
March 8, 2011 Tax E-alert Practice Guides & Checklists- New Fillable and Savable Versions
This newsletter contains information regarding: Practice Guides & Checklists, Collection Options for Taxpayers With Tax Liabilities, 2010 Estate and Gift Tax Issues, Form 8939, Form 8453-F, Form 8897F, Form 1041, Proposed Regulations under Section 263(a), Domestic Partners and Same-Sex Couples.
Published on February 28, 2012
Eighth Circuit Affirms S Corporation Shareholders Compensation Was Not Reasonable
The Eighth Circuit affirmed a lower court's decision that an S corporation shareholder’s $24,000 salary was not reasonable compensation.
Published on February 27, 2012
February 24, 2012 Tax E-Alert - Top News, Filing and Disclosure Issues, IRS News and more
This Newsletter contains the following articles: Payroll Tax Cut, Form 1099K Reporting Requirements, The President’s Framework for Business Tax Reform, Electronic Partner K-1, UTP, Form 8938, FBAR, FFIs, Portability, Alternate Valuation Method, Power of Attorney Form
Published on February 27, 2012
December 16, 2011 Tax E-Alert - Tax Practice Guides and Checklists Will Be Released on December 20th
Tax E-Alert for December 16, 2011. In this issue: Tax Practice Guides and Checklists Release December 20; Tax Practitioner Toolkit - New Free Resource from AICPA; Congress Averts Shutdown, Extends Payroll Tax Cut for 2012; IRS Launches Preparer Compliance Initiative; Mileage Rate Set for 2012; AICPA Comments on Trust Investment
Published on September 19, 2014
IRS Reissues Alternative Valuation Date Proposed Regulations
The IRS issued new proposed regulations on electing an alternate valuation date for an estate and withdrew earlier ones released in 2008
Published on November 18, 2011
Tax Court Stops Taxpayers from Avoiding 40% Penalty by Conceding on Alternative Grounds
The Tax Court refused to grant partial summary judgment to a partner who had conceded his tax shelter case on grounds other than valuation in an attempt to avoid the 40% gross valuation misstatement penalty
Published on March 26, 2013
Supreme Court Resolves Circuit Split on Creditability of U.K. Tax
The U.S. Supreme Court held that the United Kingdom’s windfall profits tax imposed on newly privatized businesses was creditable against U.S. taxes under Sec. 901
Published on May 23, 2013
03-08-2013 Tax E-Alert IRS Now Processing All Forms, Impact Sequester on IRS and Tax Payments, Additional Time for Sandy...
In this issue IRS Now Processing All Forms, Impact Sequester on IRS and Tax Payments, Additional Time for Sandy Related Disaster Loss Claims, Useful Tax Season Apps and More
Published on June 10, 2013
IRS Releases Final Schedule UTP, Incorporates Changes
In two announcements, the IRS unveiled a number of significant changes to its plan to require certain business taxpayers to report uncertain tax positions on their tax returns and issued a final version of Schedule UTP
Published on January 28, 2011