Sales Tax Audit Best Practices
Article:
This article discusses common issues in state sales tax audits and gives tips and best practices for each part of an audit life cycle
Published on June 30, 2012
IRS Refocuses Large Business Operations, Highlights International And Global High-Wealth Cases
Article:
This item highlights IRS efforts to refocus the work of its former Large and Midsize Business (LMSB) Division, now known as the Large Business and International (LB&I) Division, in an effort to strengthen international compliance.
Published on June 16, 2011
AICPA News Update Vol. 14 No. 19
Newsletter:
AICPA Urges Congress to Increase SBA Small-Business Size Standard for CPA Firms
Published on May 17, 2011
IRS Issues Second IDD on Domestic Production Deduction
Article:
The IRS has issued a follow-up directive on the Sec. 199 domestic production deduction (DPD) (LMSB-04-0707-049).
Published on May 10, 2010
ODC Tax Liability and Audit Information Cannot Be Disclosed
Article:
The Federal Circuit held that audit tests and related information of third-party taxpayers pertaining to the assessment of the ozone-depleting chemicals excise tax was return information not subject to disclosure under Sec. 6103...
Published on March 18, 2013
Developing Your Personal Brand Equity
Article:
Building a reputation in the accounting profession takes time, but is critical to success. Traditionally, partners built their reputation, or personal brand, by pushing information out to clients, prospects and friends. The timeworn mantra “it’s not what you know, but who you know” has been a fundamental building block for
Published on January 28, 2011
AICPA News Update Vol. 14 No. 21
Newsletter:
Special News Update – Spring Council 2011 Highlights.
Published on May 15, 2012
Feds Turn Up the Heat on Corporate Compliance
Article:
There are currently over 60 federal agencies employing over 130,000 government workers with combined budgets in excess of $20 billion, which is ten times higher than the 1960 federal regulatory agency budget. To complicate matters there are over 3,000 federal, state and local jurisdictions which can impact enforcement of these
Published on January 28, 2011
New Rules Govern Practice Before the IRS
Article:
Editor: Joel E. Ackerman, CPA, MST The highly publicized accounting scandals of 2002, such as Enron, WorldCom, and Global Crossing, along with revelations about tax shelter abuses, have had wide-reaching financial effects on investors and the economy. Act
Published on April 19, 2010
Alternative Apportionment Fairness Is Not the Only Factor
Article:
Alternative apportionment provides taxpayers and tax administrators with a means to obtain ad hoc relief when the application of a state’s standard apportionment formula fails to reflect a taxpayer’s business activities in the state.
Published on February 28, 2013
Transparency and Compliance in Light of the New Schedule UTP
Article:
In April 2010, the IRS issued a draft of Schedule UTP, Uncertain Tax Position Statement, with Announcement 2010-30. This represents an important development in the longstanding and ongoing battle between taxpayers and the federal and state taxing authorities for access to tax accrual workpapers and other tax-related information.
Published on August 01, 2010
IRS Introduces Final Schedule UTP with Modifications
Article:
The issuance of a final schedule and instructions makes it important for companies with assets of $100 million or more that issue audited financial statements to prepare for filing the Schedule UTP with their 2010 tax returns.
Published on January 28, 2011
Developments in Individual Taxation
Article:
This article covers recent developments in individual taxation. The items are arranged in Code section order.
Published on February 28, 2013
Risk Assessment and Internal Control
Publication:
A description of publications available on risk assessment and internal control.
Published on October 16, 2012
Audit Sampling
Publication:
A description of publications available on audit sampling
Published on April 23, 2013