Form of Practice
Article:
...GENERAL CORPORATE FORM (GC), LIMITED LIABILITY COMPANIES (LLC), REGISTERED LIMITED LIABILITY PARTNERSHIPS (LLP) AND AMENDMENTS TO PROFESSIONAL CORPORATION (PC) LAWS ISSUE: Whether states should allow CPAs to organize in legal forms other...
Published on March 12, 2011
Forms 3520 and 3520-A Foreign Trust Checklist
Checklist:
This is the AICPA checklist on Forms 3520 and 3520-A for foreign trusts. It has been updated for the 2011 tax year
Published on June 18, 2012
Successful Push for Penalty Relief on Delayed Forms
Newsletter:
The CPA Advocate: March 27, 2013. The IRS recently announced late payment penalty relief for those taxpayers who are filing forms released after Jan. 30, addressing one of the AICPA’s requests to the agency to alleviate the burden of a compressed, post-fiscal cliff tax filing season
Published on March 27, 2013
AICPA Comments on Revised Gift Tax Form 709 and Its Instructions
Comment Letter:
This 5/18/04 letter contains AICPA comments on Form 709 and instructions
Published on September 12, 2012
AICPA Foreign Trust Draft IRS Form 1041NR and Related Schedules
Comment Letter:
This is the 9/22/08 AICPA letter and sample draft forms submitted to the IRS regarding foreign trust reporting and a draft Form 1041NR and draft related schedules
Published on September 12, 2012
AICPA Letter to IRS and Treasury on Extensions for Forms 706 and 8939 for 2010 and 2011 Decedents
Comment Letter:
This is the August 8, 2011 AICPA letter to IRS and Treasury regarding extensions for Forms 706 and 8939 for 2010 and 2011 decedents
Published on August 09, 2011
AICPA Comments to IRS on Forms 3520 and 3520-A Regarding Foreign Trusts - June 17, 2003
Comment Letter:
This is the 6/17/03 AICPA comments to IRS regarding Forms 3520 and 3520-A regarding foreign trust reporting. AICPA urges the IRS to change certain Form 3520-A filing requirements for Canadian RRSPs & RESPs, develop a worksheet tailored to...
Published on March 09, 2012
AICPA Guidance on Section 67(e) - Trust Administrative Costs after Knight
Practice Aid:
This is the AICPA guidance to practitioners filing Forms 1041 in 2007 regarding deducting trust administrative costs under section 67(e) in light of the Knight v. Cir
Published on September 11, 2012
Links for IRS Information on 2010 Deaths
Practice Aid:
This is a list of links to IRS forms and publications and resources regarding 2010 deaths and carryover basis
Published on October 10, 2011
AICPA Urged IRS to Extend Estate Filing Deadlines for 2010 and 2011 Estates
Newsletter:
The CPA Advocate: September, 2011. AICPA tells IRS executors will need 90 days after the Internal Revenue Service publishes the final 2010 and 2011 estate tax Forms 706 and Form 8939 and instructions to prepare returns for individuals who died in 2010 and 2011
Published on October 07, 2011
Ownership of CPA Firms
Article:
Rule 505 of the AICPA Code of Professional Conduct allows AICPA members to practice in forms of organization permitted by state law whose characteristics conform to resolutions of AICPA Council. In May 1994, Council approved a resolution allowing firms to include non-CPA owners
Published on August 20, 2012
IRS Correcting Problem Flagged by AICPA
Newsletter:
The CPA Advocate: October, 2012. After learning from the AICPA that taxpayers who file foreign trust forms are receiving erroneous letters from the IRS, the Service stopped issuing new letters and will work with the AICPA to resolve the systemic problem
Published on October 18, 2012
AICPA Alerts IRS that Many Taxpayers Are Receiving Erroneous Letters
Newsletter:
The CPA Advocate: September, 2012. The erroneous letters IRS is sending to numerous taxpayers who file foreign trust forms is a widespread problem, the AICPA told the IRS, and urged IRS to investigate and correct the problem
Published on September 19, 2012
Comments on Reducing Tax Accounting Method Change Request Processing Backlog
Comment Letter:
AICPA comment letter of 03.05.2007 suggesting a two-track system for processing Forms 3115, Request for Change in Accounting Method, that the National Office might adopt to accelerate the processing of accounting method change requests so that the current backlog problem of...
Published on October 01, 2012
The CPA Advocate (Archived articles - 2013)
Article:
...March 2013 AICPA Hosts Reception for CPAs in Congress Successful Push for Penalty Relief on Delayed Forms House and Senate Tax Reform Di
Published on April 26, 2013