AICPA Comments to Multistate Tax Commission on its Reporting Proposal for Pass-Through Entities - July 22, 2002
This is the July 22, 2002 AICPA Comments to the MTC on its pass-through proposal. Although the AICPA favors the voluntary, uniform composite filing options as outlined in the Proposal, it believes that mandatory withholding at the entity level will create undue administrative complexity and result in unfair and unconstitutional
Published on October 01, 2012
Regulations Finalize Rules on Entertainment Use of Business Aircraft
The IRS issued final regulations relating to the disallowance under Sec. 274 of deductions for the use of business aircraft for entertainment.
Published on July 31, 2012
Provisions in the Senates Tax Cut Extension Bill
Senate Majority Leader Harry Reid, D-Nev., introduced legislation on December 9 that would postpone the sunset of the 2001 and 2003 tax cuts, reduce the estate tax, and extend a number of expired provisions, as well as extending unemployment benefits.
Published on January 28, 2011
April 27, 2012 Tax E-Alert Top News, Individual Issues, Trust & Estate Issues, Announcements & Events and more
This newsletter contains information regarding: Deductibility of Local Lodging Expenses When the Employee is Not Away From Home, Comments on Tangible Property Regulations, Small Business Tax Cuts, 2011 FBARs, Preparer Fraud, IRS Erroneous Notices to Trusts Regarding Tax Calculations, Product Demos at Tax Strategies Conference, 2012 Tax Education Program, Tax Practitioners’ LinkedIn and Tax Power Hour Supplemental Handouts
Published on May 01, 2012
July 29, 2011 Tax E-Alert Truncation of Social Security Numbers on Specific Statements
This newsletter contains information regarding: Tax Reform Legislation in Congress, Truncation of Social Security Numbers, 3 Percent Withholding Law, IRS is Mailing Surveys to Taxpayers to Assess Burden, Delinquent Information Returns, Schedule UTP.
Published on February 28, 2012
Supreme Court Upholds Health Care Law
The Supreme Court declared the mandate requiring U.S. citizens and legal residents to maintain minimum essential health coverage to be a permissible exercise of Congress’s taxing powers under the Constitution.
Published on June 29, 2012
Top Tax News Developments in 2013
The past year featured a large number of tax developments, some of which got extensive coverage in the media, and many of which got less coverage but affect almost all taxpayers and practitioners. As we get ready to welcome a new year, here’s a
Published on December 31, 2013
Possible NIIT Software Errors International Resource Center Launched
In this issue Possible NIIT Software Errors; International Resource Center Launched
Published on March 07, 2014
June 24, 2011 Tax E-Alert Latest FBAR Developments
This newsletter contains information regarding: FBAR Developments, Suspension of Information Reporting Requirements, Form 8955-SSA, Increase in Mileage Rates, Additional Locations Added to Aid Taxpayers in Affected Disaster Areas.
Published on February 28, 2012
October 14, 2011 Tax E-Alert AICPA Supports House Action To Repeal the 3 Percent Withholding Law
This newsletter contains the following articles: Action to Repeal the 3 Percent Withholding Law, Fingerprinting of Tax Practitioners, High-Low Method for Substantiating Travel and Entertainment Expenses, Form 8939 and Instructions, Form 8955-SSA, AICPA National Tax Conference, 2011 Deaths and Form 706
Published on February 27, 2012