Deductibility of LEED Certification Costs
Article:
Tax professionals may be in the best position to support their clients or company in identifying LEED certification costs and determining the appropriate tax treatment as either a current-period expense or a capital expenditure
Published on August 31, 2012
AICPA News Update - August 31, 2012
Newsletter:
In this issue: Certain Services on IRS Website are Unavailable Through Labor Day; AICPA Responds to Member Concerns About Providing Client Income Certification to Farm Service Agency; Comment Deadline on PEEC and SSARS Exposure Drafts Extended to Nov. 30; New Tax Content for Your Website and Client Newsletter; Target-Setting Tool Helps...
Published on September 07, 2012
AICPA News Update Vol. 14 No. 47
Newsletter:
...Review of PTIN Information Disclosure FinREC Releases for Feedback Working Draft of Accounting and Valuation Guide on Goodwill Impairment Technical Q&A Issued on Small Business Lending Fund Auditor Certification AICPA and NASBA Release Video Highlighting CPAMobility.org Free Webinar: Use Your Current Client Base
Published on November 11, 2011
Final Regulations on Dual Consolidated Losses A Practical Guide (Part II)
Article:
This article discusses triggering events for dual consolidated losses and their consequences, as well as the transition rules from the 1992 to the 2007 regulations.
Published on May 10, 2010
U.S. Withholding Tax Imposed on Foreign Tax-Exempt Organizations
Article:
When a foreign charitable organization earns U.S. source portfolio income it often has a choice to make: It can claim tax-exempt status (and thus an exemption from U.S. withholding tax), or the organization may find it easier to refrain from asserting tax-exempt status and opt for treatment as a (nonexempt)
Published on June 01, 2010
Residential Energy-Efficient Property Credit Rules Issued
Article:
The IRS has provided guidance to manufacturers and consumers on satisfying the requirements of the residential energy-efficient property credit.
Published on January 28, 2011
The Qualified Therapeutic Discovery Project Tax Credit and Grant
Article:
Included in the 2010 Patient Protection and Affordable Care Act are a few new income tax credits. In particular, there is one that many new startups and growing health care industry enterprises may benefit from—the qualifying therapeutic discovery project credit (Sec. 48D).
Published on July 13, 2012
Work Opportunity Credits for Veterans
Article:
The IRS issued a notice that gives employers guidance on two new tax credits for qualified veterans and provides extra time to comply with some of the credits’ requirements.
Published on March 31, 2012
Linking Employee Performance, Compensation and Accounting Firm Performance
Article:
In the past decade the Sarbanes Oxley Act enhanced demand for accounting services. Employees' performance may not have received the attention it warranted. In the current economic malaise and with the winding down of the Sarbanes-Oxley boom firms need to re-focus on incentives and the linkage between performance and rewards.
Published on March 21, 2011
Congress Passes Pension Amendments
Article:
The Worker, Retiree, and Employer Recovery Act makes various technical corrections to provisions of the Pension Protection Act of 2006, as well as enacting pension provisions that relate to the current economic crisis.
Published on January 28, 2011
Tax Practitioners Face Increasing Regulation
Article:
Congress and the IRS have been focusing on regulating tax and financial services. Although the problems that are being addressed were not caused by CPAs, practitioners may be swept up in the solution.
Published on January 28, 2011
2010 Arthur J. Dixon Memorial Award
Article:
The AICPA’s Tax Executive Committee voted to bestow the 2010 Arthur J. Dixon Memorial Award on Thomas J. Purcell III.
Published on January 28, 2011
Registered Tax Return Preparers Beware of New Jargon and Compliance Obligations
Article:
The federal government has been increasingly focused on errors of paid return preparers. After study by the Internal Revenue Service (IRS) and other government agencies, the IRS has a plan that casts a wide net, at significant cost, to try to rein in a few bad preparers, increase the competency
Published on January 28, 2011
Add More Value Than Just Accounting, As Your Clients Trusted Advisor
Article:
Most, if not all, of your clients have or at some point will need a money manager. You are one of your client’s most trusted advisors and, from time to time, they may ask you for an introduction to a money manager. Therefore, it is important to know what questions
Published on January 28, 2011
Taxation of Frequent Flyer Miles
Article:
A benefit has only lately received attention after flying under the radar for many years: tax-free receipt of frequent flyer miles.
Published on August 01, 2012