AICPA Offers Guidance on Registered Preparer Competency Exam

News:  In a July 7 letter to IRS Commissioner Doug Shulman, the AICPA offered its perspective on the agency’s development of the registered tax return preparer examination.
Published on July 08, 2011

Model Tax Curriculum

Classroom Resources:  The AICPA developed the Model Tax Curriculum to address problems with integrating tax course in the accounting curriculum by placing greater emphasis on business taxes and tax planning.
Published on May 28, 2010

Tax Careers for CPAs

Brochure:  Tax Careers for CPAs explains what tax practice is and why it just might be the career for you.
Published on March 23, 2010

IRS Exempts CPA-Supervised Nonsigners From New Preparer Rules

News:  ...IRS released guidance on the implementation of new regulations governing tax return preparers, and provided an exception to its return preparer regulation plan for nonsigning preparers supervised by a CPA, attorney, enrolled agent or other Circular 230 practitioner
Published on January 28, 2011

Competency Testing for Registered Tax Return Preparers Set to Start

News:  As part of its ongoing initiative to regulate previously unenrolled tax return preparers, the IRS announced on November 22 that competency testing for registered tax return preparers will start next week.
Published on November 23, 2011

History and Background of the IRS Preparer Regulation (PTIN) Program

Article:  In September, 2009, the Internal Revenue Service (IRS) began rolling out a comprehensive program to regulate the tax preparation industry and ensure that certa
Published on February 02, 2013

IRS Issues Guidance on Fingerprinting, Other Registered Tax Return Preparer Details

News:  The IRS provided more details September 22 of its still-developing requirements for all paid tax return preparers to be registered and undergo a background check, to include fingerprinting.
Published on September 27, 2011

May 11, 2012 Tax E-Alert Deadlines for Key Opportunities are Next Week

Newsletter:  This newsletter contains information regarding: Tangible Property Regulations, Full Deduction for Administrative Costs of Estates & Trusts, and Final Regulations Regarding Trust Ordering Rules.
Published on May 14, 2012

Practitioners Raise Concerns About Fingerprinting Proposal at IRS Hearing

News:  The IRS heard a consistent chorus at an October 7 hearing on proposed fees for fingerprinting of registered tax return preparers and nonsigning staff at CPA firms: The IRS’ proposal is duplicative, expensive, and can be done in a better way
Published on October 07, 2011

September 16, 2011 Tax E-Alert IRS Postponements Related to Hurricane Irene

Newsletter:  This newsletter contains information regarding:  IRS Postpones Deadlines for Hurricane Irene,  Relief for Taxpayers and Businesses in Federal Disaster Zones, IRS Grants Extensions, Penalty Relief, Tax Strategy Patent Reform; Software Developers on Accounting Software Examination Program, Tax Treatment of Cellular Telephones, Trustee Fees, 1099K Reporting.
Published on February 28, 2012

AICPA Testifies at IRS Hearing on User Fee Regulations

News:  Edward Karl, the AICPA’s vice president of taxation, testified on August 24 at an IRS hearing on proposed regulations relating to the user fee aspect of the Service’s proposal to require all paid tax return preparers to obtain a preparer tax identification number (PTIN) and use it on all tax
Published on January 28, 2011

October 14, 2011 Tax E-Alert AICPA Supports House Action To Repeal the 3 Percent Withholding Law

Newsletter:  This newsletter contains the following articles: Action to Repeal the 3 Percent Withholding Law, Fingerprinting of Tax Practitioners, High-Low Method for Substantiating Travel and Entertainment Expenses, Form 8939 and Instructions, Form 8955-SSA, AICPA National Tax Conference, 2011 Deaths and Form 706
Published on February 27, 2012

IRS Preparer Registration Plan Moves Forward

News:  The IRS issued proposed regulations that would put into place many of the parts of its plan to register and regulate tax return preparers.
Published on May 13, 2013

September 30, 2011 Tax E-Alert IRS & DOL Sharing Information on Independent Contractors

Newsletter:  This newsletter contains information regarding:  IRS & DOL Sharing Information on Independent Contractors,  New Voluntary Worker Classification Settlement Program (VCSP), User Fees for PTIN and Fingerprinting, 706 to Elect Portability, Form 706 and Instructions
Published on February 28, 2012

04/05/13 Tax E-Alert New Client Termination Checklist and Letter, Tax Return Preparer Registration Program Halt Upheld, ...

Newsletter:  04/05/13 Tax E-Alert Newsletter:  New Client Termination Checklist and Letter, Tax Return Preparer Registration Program Halt Upheld, Tax Season Debrief on the next Power Hour and More!
Published on April 05, 2013