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AICPA News Update Vol. 14 No. 50

Newsletter European Commission Proposes Audit/Consulting Breakup and Mandatory Audit Firm Rotation Send FAF a Comment Letter Supporting an Independent Board for Private Company GAAP Modifications Take the Personal Financial Planning Survey for a Chance to Win an iPad Free Webinars Available, Including Top 10 Things to Discuss with Your Clients Before
Published on December 05, 2011

Why and How to Conduct a Tax Practice Inspection

Article A firm can use a tax practice inspection as a tool to test the quality of tax services provided to clients, to develop specific recommendations for improvement, and to prepare or update a tax services policies and procedures manual.
Published on January 28, 2011

Managing New Schedule M-3 Disclosures

Article The most recent change to Schedule M-3, for 2010 and following tax years, requires new disclosures of research and development (R&D) costs and Sec. 118 exclusions from income of nonshareholder contributions to capital for corporate filers.
Published on August 24, 2012

Defending R&D Credits

Article This article highlights and analyzes some recent decisions concerning the research and development (R&D) tax credit and IRS administrative practices when auditing R&D credit claims, most notably the Union Carbide decision in the Tax Court.
Published on January 28, 2011

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