May 11, 2012 Tax E-Alert Deadlines for Key Opportunities are Next Week
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
September 16, 2011 Tax E-Alert IRS Postponements Related to Hurricane Irene
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
IRS Extends Suspension of Examinations of Tangible Property Capitalization Issues
The IRS posted an updated LB&I Directive for field examinations on the repair vs. capitalization issue that extends the suspension of examinations
Published on March 29, 2013
IRS Suspends Repair/Capitalization Exams Pending Accounting Method Changes
The IRS issued a directive for field examinations on the repair vs. capitalization issue that essentially suspended current examinations so as to permit taxpayers to file accounting method changes under just-issued revenue procedures.
Published on March 19, 2012
September 30, 2011 Tax E-Alert IRS & DOL Sharing Information on Independent Contractors
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
IRS Issues Guidance on Fingerprinting, Other Registered Tax Return Preparer Details
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
Practitioners Raise Concerns About Fingerprinting Proposal at IRS Hearing
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
Complete Rules for the IRSs Voluntary Return Preparer Certification Program Are Released
The IRS published guidance introducing its new, voluntary Annual Filing Season Program, which permits tax preparers who are not CPAs, attorneys, or enrolled agents to complete tax education requirements and receive a certificate
Published on July 01, 2014
March 23, 2012 Tax E-alert Top News, Individual Filing, Voice for the Tax Profession and more
This newsletter contains information regarding: IRS Examinations on Repair/Capitalization Issues, Disclosure Requirements for Retirement Plan Fees, Form 8938, 179 Deduction Limit for Certain S Corporations,vSmall Businesses Offer Retirement Plans, Decanting, Tax Reform Task Force Established, Doing the Right Thing…When Tax Ethics Get Murky, Worker Classification. 2012 Tax Education Program A Note from AICPA’s Member Services Director
Published on March 26, 2012
IRS Finalizes Circular 230 Regulations
The IRS issued final regulations May 31 implementing components of its initiative to register and regulate all paid tax return preparers.
Published on June 09, 2011