Engagement Letter Fairness Opinion Fee Language May Affect Fees Taxation
Language used in investment banker (IB) engagement letters to implement fee payment arrangements can significantly affect the federal income tax treatment of such payments
Published on October 04, 2011
Sample Engagement Letter for a Compilation of a Financial Forecast
This excerpt from the 2012 edition of AICPA Guide Prospective Financial Information discusses a sample engagement letter for a compilation of a financial forecast
Published on January 22, 2013
Prospective Financial Information
A description of publications available on prospective financial information.
Published on June 19, 2013
IRS Correspondence Examinations
...returns. This item reviews the procedures by which returns are selected for review, how taxpayers should respond to correspondence, and IRS problems with timely response to taxpayer or practitioner letters
Published on June 16, 2011
A description of publications available on general corporations.
Published on June 17, 2013
Employee Benefit Plans
A description of publications available on employee benefit plans.
Published on June 14, 2013
New Compilation and Review Engagements Standard
In December 2009, the Accounting and Review Services Committee (ARSC) issued Statement on Standards for Accounting and Review Services (SSARS) No. 19, Compilation and Review Engagements (AICPA, Professional Standards), which includes the most significant changes to the compilation and review standards since 1978
Published on November 06, 2012
Information regarding the AICPA General Guides.
Published on February 19, 2013
The Need for Increased Due Diligence in Filing Extensions
This item reviews the requirements for filing for extensions, estimating tax liability, and paying all due tax liabilities.
Published on June 16, 2011
Why and How to Conduct a Tax Practice Inspection
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
Circular 230 Its Day-to-Day Impact on Tax Practices
While discussions about Circular 230 usually focus on the standards it imposes relating to tax returns and opinions, the breadth and scope of Circular 230 also regulates the day-to-day business operations of tax practitioners relating to fees, client solicitations, marketing and advertising, and the management of client files and records.
Published on August 24, 2012
Sec. 7216 Regulations
The AICPA Tax Division has formed a task force to review the impact of final regulations released by Treasury and the IRS in January 2008, involving the disclosure and use of tax return information by tax return preparers under Sec. 7216.
Published on June 01, 2010
Firing Clients Can Be Good for Business
There are a variety of reasons that clients should be asked to leave the firm. The average CPA can follow certain steps to recognize these situations and take appropriate action.
Published on April 08, 2013
Tax Practice Quality Control
Practitioners should consider implementing a tax practice quality-control system.
Published on October 31, 2012
This page highlights the AICPA's offering of interactive tools.
Published on March 05, 2013