AICPA Tax Standards Strengthened
Revised AICPA statements on standards for Tax Services (SSTS) became effective on January 1, 2010, and provide high, enforceable ethical responsibilities for CPAs in providing tax services
Published on February 01, 2010
The Repair Regulations Considerations for Downstream Oil and Gas Businesses
The oil and gas industry faces numerous challenges in applying the fact-intensive rules of the so-called repair regulations to costs incurred to repair and maintain property during its service life.
Published on June 01, 2013
An Overview of AICPA and IRS Rules of Practice
...on the AICPA and IRS rules of practice, provides a list of resources for questions and answers, and details the relationship and similarities between the AICPA and IRS ethics standards related to tax practice
Published on February 01, 2014
New Rules on Written Tax Advice and Other Revisions to Circular 230 and Their Effect on CPAs
This article discusses the technical provisions of Circular 230, Regulations Governing Practice Before the Internal Revenue Service, and how recent revisions could affect existing tax practice procedures and the management of tax practices.
Published on December 01, 2014
Final Regulations on Dual Consolidated Losses A Practical Guide (Part II)
This article discusses triggering events for dual consolidated losses and their consequences, as well as the transition rules from the 1992 to the 2007 regulations.
Published on October 01, 2007
Tax Return Due Diligence Basic Considerations
This article examines the rules of due diligence and the importance of tax professionals understanding these rules and proactively adapting to them in a practical manner.
Published on October 01, 2010
AICPA News Update - March 5, 2010
...Ribbon Panel on Private Company Financial Reporting Named; AICPA, State Societies Ask House Members to Support Bill Requiring GAO Comptroller General Be a CPA; Global Accounting Alliance Releases Report on Simplifying Financial Reporting; IFAC Global Leadership Survey Says Financial Standards Convergence a Must for
Published on March 08, 2010
IRS Issues Final Regulations on Sec. 6694 Tax Return Preparer Penalties
The IRS issued final regulations implementing the changes to the Sec. 6694 tax return preparer penalties.
Published on February 01, 2009
General Guidance for Accountants and Auditors
A description of publications available on general corporations
Published on January 07, 2015
Tangible Property Costs and Repair Expenditures Regs.
The IRS issued long-awaited regulations regarding the treatment of expenditures incurred in selling, acquiring, producing, or improving tangible assets, including rules on determining whether costs related to tangible property are deductible repairs or capital improvements.
Published on March 01, 2012