Accounting and Financial Reporting FinREC Positions
Comment Letter:
The Financial Reporting Executive Committee (FinREC) has issued the following comment letters to communicate its views and positions on accounting and financial reporting proposals issued by standard setters, such as FASB...
Published on May 01, 2013
Estate Tax Provisions in the Presidents Fiscal 2013 Budget Proposals
Overview:
This page includes a discussion on the President's fiscal 2013 budget tax proposals regarding estate taxes, including the proposal on intentionally defective grantor trusts
Published on April 03, 2013
A Quick Look at 2011 Tax Advocacy Success
Article:
A quick overview of the AICPA's many tax advocacy successes over the last year, including 1099 legislation, preparer registration regulations, and several narrower technical victories that simplified compliance.
Published on April 16, 2013
Tax Strategy Patents
Article:
On September 16, 2011, President Obama signed the America Invents Act, which contains a provision that eliminates the patenting of new tax strategy patents. The AICPA strongly supported this legislation and worked towards
Published on March 06, 2013
AICPA Cheers as Congress Moves One Step Closer to Protecting Tax Strategies
Newsletter:
The patent reform bill passed by the U.S. House of Representatives on June 23 is an important victory for U.S. taxpayers and the AICPA.
Published on September 02, 2011
Using Family Partnerships and Refuting IRS Challenges
Article:
This is an article highlighting the AICPA's position concerning the legitimate use of family partnerships. In particular, the AICPA takes exception with the IRS's refusal to recognize for transfer tax purposes the validity of many family partnership's under examination.
Published on September 19, 2012
Tax Legislation and Policy
Article:
The Congressional and Political Affairs Team often assists the Tax Team with tax legislation and policy issues, and advocates about them to Members of Congress and other key policymakers on behalf of the profession.
Published on April 03, 2013