Ways and Means Tax Reform Draft Includes Accrual Method of Accounting Requirement for Certain Service Providers
The CPA Advocate: March, 2014. The AICPA is continuing to educate lawmakers about the harmful effect that requiring the accrual method would have on accounting firms and other service industry businesses
Published on March 27, 2014
AICPA and Other Coalition Members Write Senators Opposing Switch from Cash Basis Method of Accounting
The CPA Advocate: January, 2014. The AICPA and five other organizations, which represent the nation’s engineers, architects, dentists, farmers and S corporations, have banded together to oppose a proposed change in the taxation of businesses.
Published on January 30, 2014
House Small Business Subcommittee Holds Hearing on Cash Accounting for Small Firms
The CPA Advocate: July, 2014. Two CPAs testified and the AICPA’s testimony submitted for the hearing record supported the expansion of the number of taxpayers that may use the cash method of accounting.
Published on July 29, 2014
AICPA Adds Grassroots Push to Retain Cash Basis Method for Tax Purposes
...October, 2013. The AICPA, state CPA societies and their members are urging lawmakers in the U.S. House of Representatives to oppose a change from the cash basis method to the accrual method for tax purposes
Published on October 16, 2013
AICPA Continues Push to Retain Cash Basis Method of Accounting by Business Owners
...the Congressional Caucus on CPAs and Accountants, are lending their support to the AICPA’s effort to turn back a proposal that would limit the use of the cash basis method of accounting
Published on November 25, 2013
AICPA Urges Ways and Means Chairman to Drop Accrual Accounting Provision
The CPA Advocate: May, 2014. In a letter to the House Ways and Means Committee, the AICPA maintains the loss of the cash method of accounting would penalize individuals who form partnerships.
Published on May 22, 2014
AICPA Suggests Improvements to New Cash Accounting Method Notice 2001-76
The AICPA comment letter of 02.28.2002 requests that the IRS clarify and refine Notice 2001-76, which expanded the application of the cash method of accounting to certain businesses with revenues of less than $10 million.
Published on May 20, 2013
The CPA Advocate - Archived Articles 2014
Find 2014 archived articles from the AICPA's advocacy newsletter, The CPA Advocate.
Published on July 29, 2014
AICPA Supports New Private Company Council Developing Framework for SMEs
The CPA Advocate: June, 2012. AICPA supports FAF's planned creation of Private Company Council and is developing an OCBOA financial reporting framework for privately held small- and medium-sized enterprises.
Published on February 06, 2013
AICPA Suggests Improvements to Form 1023
On December 2, 2002, AICPA makes suggestions to the IRS for improvements to Form 1023, the Application for Recognition of Exemption for nonprofit organizations.
Published on November 12, 2012