AICPAs Revised Confidentiality Rule, Sec. 7216, and the Tax Professional
Practitioners are encouraged to determine whether they comply with both Sec. 7216 and revised AICPA client confidentiality rules.
Published on February 01, 2015
AICPA News Update Vol. 14 No. 9
1099 Repeal Bill Passed by the House of Representatives
Published on March 04, 2011
AICPA News Update - June 15, 2012
In this issue: OMB Releases Draft 2012 Compliance Supplement for Audit Planning, Ethics Approves Revisions to Nonattest Services and Other Changes, Importance of Strengthening Ethical Culture Stressed in New CGMA Report, TPA Issued Regarding Combining Going Concern Emphasis with Another Emphasis-of...
Published on June 15, 2012
State Tax Tribunals Is Taxpayer Representation by CPAs a Potential Independence Problem
This item addresses whether a CPA representing a client in state tax tribunal has impaired his or her independence under the AICPA Code of Professional Conduct.
Published on April 01, 2014
Asset Protection Planning with Limited Liability Companies
The basic objective of asset protection engagements is to transfer assets to reduce or eliminate any exposure to liabilities in conjunction with the client’s estate plan or other financial concerns.
Published on October 01, 2008
Allowable Political Activities and Reporting Requirements for Tax-Exempt Entities
This item provides basic guidance in the structure and operations of Sec. 527 organizations as well as some insight into allowable political activities for other tax-exempt organizations.
Published on April 01, 2012
Practical Approaches to Common Conflicts of Interest
This column highlights some common conflicts of interest encountered by CPA tax practitioners and offers some practical means of properly addressing the consequential ethical issues.
Published on May 01, 2014
CPA Exam Aligns with Model Tax Curriculum
The content of the Uniform CPA Examination has been updated and now reflects many of the recommendations of the Model Tax Curriculum.
Published on November 01, 2009
IRS Issues Regs. and Guidance on Disclosure of Tax Return Information
The IRS has issued regulations under Sec. 7216 that increase the circumstances in which tax return preparers can disclose or use certain limited tax return information and two revenue rulings that provide guidance to tax return preparers on situations in which they will not be liable for civil or criminal
Published on March 01, 2010
Assessing Professional Tax Advice and Taxpayer Sophistication
This article investigates the courts’ interpretation of reasonable cause and good faith in circumstances where the IRS has imposed a negligence penalty.
Published on December 01, 2009