ritten Testimony - January 20, 2011 WM Hearing on 1099
...The extraordinary burden placed on individuals in this approach far outweighs any potential benefit.” Meanwhile, practitioners need to be aware of the requirements. To help members, AICPA is seeking clarity
Published on February 03, 2011
Final Regulations Simplify Accounting Rules in Corporate Reorganizations
The IRS issued final regulations intended to clarify and simplify rules concerning continuity of accounting methods and inventory methods in certain tax-free corporate reorganizations and liquidations.
Published on July 29, 2011
Tax Advocacy Update
Tax Advocacy update article for March Tax Section newsletter.
Published on March 27, 2015
Comments Requested on Proposed Net Investment Income Tax Form
The IRS published a notice and request for comments from taxpayers on a new dual-purpose form that will be used by individuals and trusts and estates to compute the new 3.8% tax and then to report the tax.
Published on July 29, 2013
Net Investment Income Tax
Page that details information regarding NIIT (Section 1411).
Published on February 02, 2015
March 14, 2014 Tax E-Alert IRS e-File Guidance for Electronic Signatures
IRS Clarifies e-File Guidance for Electronic Signatures; AICPA Cautions Members on Interpretation
Published on March 14, 2014
AICPA Raises Concerns About Delayed, Compressed Tax Season
The AICPA sent a letter to the IRS raising concerns about the “very compressed and difficult filing season” AICPA members and their clients are facing, due to the ongoing delays in the IRS’s acceptance of certain tax forms.
Published on February 18, 2013
August 10, 2012 Tax E-Alert Cost Basis Reporting needs to be Delayed, Comments on Definition of Issue Under Consideratio...
In this issue: Cost Basis Reporting Needs to be Delayed, AICPA Tells IRS, AICPA Comments on Definition of "Issue Under Considerations" for Certain Foreign Corporations, 343,020 Reasons CPAs Should Talk Up Their Tax Expertise Now, Tax News from the Journal of Accountancy, AICPA Develops Resources for State Societies on State
Published on October 23, 2012
IRS Releases Draft Net Investment Income Tax Form
The IRS released a draft of Form 8960, a new dual-purpose form that will be used by individuals and trusts and estates to compute the new 3.8% net investment income tax.
Published on August 07, 2013
2014-08-15TaxEalert Is your email disclaimer valid Money markets may be PFICS
In this issue: Is your email disclaimer valid? Money markets may be PFICs.
Published on August 15, 2014