AICPA Tax Standards Strengthened
Article:
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 April 13, 2010
Final Regulations on Dual Consolidated Losses A Practical Guide (Part II)
Article:
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 May 10, 2010
Tax Return Due Diligence Basic Considerations
Article:
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 April 27, 2011
AICPA News Update - March 5, 2010
Newsletter:
...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
Article:
The IRS issued final regulations implementing the changes to the Sec. 6694 tax return preparer penalties.
Published on January 28, 2011
General Guidance
Publication:
A description of publications available on general corporations
Published on February 05, 2013
Tangible Property Costs and Repair Expenditures Regs.
Article:
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 February 29, 2012
Key Topics and Industries
Publication:
Accounting and Auditing Publications are available for a number of industries and key topics.
Published on January 04, 2013
Gaming
Publication:
A description of publications available on the gaming industry.
Published on March 19, 2013
IFRS and Your Tax Practice
Article:
International financial reporting standards (IFRS) are coming, and tax advisers need to understand the implications for their clients
Published on January 28, 2011
Amendments to Circular 230 to Remove Covered Opinion Rules
Article:
When issued in final form in 2013, Circular 230 amendments are likely to have an important impact on CPAs and other tax representatives.
Published on December 31, 2012
IRS Questions Willfulness Standard in Circular 230 Proceedings
Article:
This item summarizes the current definition of “willfulness” for purposes of Circular 230.
Published on January 28, 2011
Tax Preparer and Taxpayer Reporting Standards Equalized
Article:
A provision in the 2008 Tax Extenders and AMT Relief Act sets the standard of conduct for preparers to avoid the penalty for understatement of tax due to an undisclosed return position at "substantial authority," the same standard applied to taxpayers. The controversial...
Published on May 03, 2010
Transfer Pricing Controlled Services Transactions
Article:
Sec. 482 can apply to domestic companies that file returns in multiple states and domestic taxpayers that do not file a U.S. consolidated income tax return. The focus of this item is on controlled services transactions under Regs. Sec. 1.482-9.
Published on September 01, 2010
AICPA News Update - Sept. 21, 2012
Newsletter:
...New Private Company Council Priorities to Include FIN 48; ED Released for Comment on Partner Equivalent and Related Revisions; COSO Releases Another ED on Internal Control Revisions; Audit Data Standard Comment Period Extended; Learn How to Analyze Profitability
Published on October 08, 2012