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AICPA News Update Volume 12 No. 2

Newsletter New Tax Disclosure Regulations Took Effect January 1, 2008 Tax Return Checklists Now Available Online, Auditors of Non-Public Broker-Dealers Are Required to Register with PCAOB, Year-end FIN 48-Related Disclosures Required, Even if Deferring Application, Overhauled Audit and...
Published on June 24, 2011

Tools for Tax Planning for Foreign Nationals

Article The AICPA’s Foreign National Task Force has developed tools to help practitioners deal with issues that arise when preparing Form 1040NR for a foreign national.
Published on May 10, 2010

Why and How to Conduct a Tax Practice Inspection

Article A firm can use a tax practice inspection as a tool to test the quality of tax services provided to clients, to develop specific recommendations for improvement, and to prepare or update a tax services policies and procedures manual.
Published on January 28, 2011

AICPA Tax Section Accomplishments in 2007

Article The Tax Section serves the public interest by helping AICPA members to be the most trusted professional providers of tax services, advocating sound tax policy and effective tax administration.
Published on May 03, 2010

Academic-Based VITA Programs

Article VITA programs sponsored by accounting programs provide valuable, free tax services to their communities.
Published on May 02, 2010

Exhibit 3 Form 1040NR foreign national checklist 2007

Article
Published on February 12, 2010

IRS Focuses on the FBAR

Article FBAR has graduated from a little-known filing requirement to a priority issue that should be at the top of every tax return preparer’s checklist
Published on January 28, 2011

IRS Releases Redesigned Form 990

Article The IRS has released a redesigned Form 990, Return of Organization Exempt from Income Tax, for use with 2008 tax returns.
Published on January 28, 2011

Practice Continuation Agreements for Sole Practitioners

Article Too few sole practitioners have a plan in place to address a situation in which they may become unable to operate the practice due to disability or death.
Published on January 28, 2011

Tips for Preparing the Form 5471 for Controlled Foreign Corporations

Article This article gives an overview of the issues faced by practitioners when preparing Form 5471 and can serve as a roadmap to the potential problems and traps for the unwary.
Published on January 28, 2011

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