Sample Client Letter for Surviving Spouses Needing to File Estate Tax Return to Elect Portability
This is a sample client letter for members to send to clients who are surviving spouses of individuals who died in 2011 or 2012. It discusses the portability of the estate tax exemption, a recent...
Published on March 09, 2012
AICPA Second Visitation Letter
...Internal Revenue Service's Small Business/Self-Employed Division, expressing the AICPA's concern over the rollout of the IRS's program to send letters to tax return preparers and visit their offices to inspect client records. The AICPA
Published on December 22, 2010
Sole practitioners can reference these sample letters to clients, family, and lawyers when developing practice continuation agreements
Published on January 23, 2015
Letter on Proposed Regulations on Behalf of Wealth Transfer Group SOGRAT Patent Holders
This is the Dec. 26, 2007 letter to IRS on proposed regulations from Caplin & Drysdale on behalf of their client and SOGRAT patent holder, Wealth Transfer Group
Published on May 09, 2011
AICPA Asks for Options to Make E-Signatures Safer for Taxpayers
The CPA Advocate: October, 2014. Under updated IRS rules for certain electronic signatures on tax returns, either the tax preparer or software vendor must verify the taxpayer’s information with a vendor. The AICPA has some concerns.
Published on October 23, 2014
AICPA Provides Guidance on FSA Certification Letters Overview
The CPA Advocate: September, 2012. AICPA heard from many members who were being asked by clients to certify income to meet a requirement by the Farm Service Agency (FSA) and worked with the FSA to develop a letter to meet the professional standards of our members
Published on September 20, 2012
AICPA to IRS Delay Upcoming Basis Reporting Deadlines
The CPA Advocate: March, 2014. The AICPA wrote to the IRS that three effective dates in final regulations to implement basis reporting requirements by securities brokers should be delayed by one additional year in order to reduce taxpayers’ compliance burdens.
Published on March 31, 2014
AICPA Tells IRS Preparers Deserve More Info, Clarity on 2011 Office Visits
In a December 22 letter to the IRS Small Business Commissioner, Patricia A. Thompson, chair of AICPA’s Tax Committee, reiterated AICPA’s many concerns about the broad scope of the Preparer Letters and...
Published on December 23, 2010
AICPA Urges IRS to Announce Shutdown Contingency Plan
The AICPA has asked the Internal Revenue Service (IRS) and Department of the Treasury to announce the IRS contingency plan that would be in effect in the event of a mid-January shutdown of the federal government.
Published on November 26, 2013
AICPA Efforts and Updates on Erroneous IRS Form 3520 Letters
...The AICPA Foreign Trust Task Force continues its dialogue with the IRS regarding IRS erroneous letters regarding Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts. As was discussed in the October 1
Published on December 11, 2012