AICPAs Tenacity Wins Clarity for Tax Preparers and Simpler Filing Rules for Taxpayers
The CPA Advocate: July, 2013. The IRS recently issued a revenue ruling on Mexican Land Trusts for which the AICPA has pushed since 2007.
Published on July 18, 2013
AICPA Tells IRS Preparers Deserve More Info, Clarity on 2011 Office Visits
In a December 22 letter to the IRS Small Business Commissioner, Patricia A. Thompson, chair of AICPA’s Tax Committee, reiterated AICPA’s many concerns about the broad scope of the Preparer Letters and Visitation program.
Published on December 23, 2010
AICPA Comment Letter on Corporate Estimated Taxes
The AICPA recommended that the IRS issue additional guidance to provide clarity surrounding the rules in the final regulations under section 6655. We requested that the IRS further clarify the treatment of certain items in determining the taxable income for quarterly...
Published on October 30, 2014
AICPA Supports GASB Preliminary Views on Fair Value Measurement
In its comment letter to GASB and in testimony before the Board, the AICPA expressed concerns with the proposed definition of an investment both in terms of its clarity and intended scope and recommended that the Board reexamine the proposed definition
Published on November 26, 2013
ARSC Comment Letter on IAASB Exposure Draft and Consultation Paper
This comment letter from the ASB to the IAASB discusses the Proposed Policy Statement, “Clarifying Professional Requirements in International Standards Issued by the IAASB” and Consultation Paper: Improving the Clarity and Structure of IAASB Standards and Related Considerations for Practice Statements
Published on March 01, 2013
June 15, 2006 Comments on Form 990
...in the Instructions to Lines 25, 75b and 75c of the 2005 Form 990, Return of Organization Exempt from Income Tax. Generally, the suggestions are provided to create greater clarity of the instructions
Published on November 06, 2012
ritten Testimony - January 20, 2011 WM Hearing on 1099
...The extraordinary burden placed on individuals in this approach far outweighs any potential benefit.” Meanwhile, practitioners need to be aware of the requirements. To help members, AICPA is seeking clarity
Published on March 12, 2011
AICPAs Comments on IRSs Delay in Releasing Tax Forms
...selected tax forms. The AICPA is interested in entering into a dialogue with the IRS on failure-to-file and failure-to-pay penalties, estimated tax penalty relief, and clarity in the release of tax
Published on April 02, 2013
AICPA Urges IRS to Clarify Form 990 Instructions
The American Institute of Certified Public Accountants has urged the IRS to clarify its instructions on three lines of Form 990, which is the form filed by organizations that are exempt from federal income tax. The AICPA's June 15, 2006 comments request further clarification of several parts of Form 990: lines
Published on June 21, 2006
2014 Tax Advocacy Comment Letters
Recent comment letters submitted by the tax section.
Published on November 19, 2014