AICPA Comments on Circular 230 - October 2010
...Circular 230, the regulations that currently govern the practice of certified public accountants and certain other tax professionals before the Service. The Proposed Regulations provide for modifications to the general standards of practice before the IRS
Published on November 02, 2010
Other AICPA Standards and Ethics Rules
Members who provide tax services are subject to not only the Statements on Standards for Tax Services (SSTS), but also the AICPA Code of Professional Conduct, including all general and technical standards
Published on February 23, 2011
Tax Section Membership
...takes it one step further by providing additional tax practice tools and aids, resources and guidance to help CPA tax practitioners elevate their practices and maintain the highest ethical standards. Don’t get lost in the fog of legislative changes, developing tax issues and newly evolving tax planning
Published on June 06, 2013
Regulations Issued on Repair Expenditures
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 December 28, 2011
IRS Preparer Registration Plan Moves Forward
The IRS issued proposed regulations that would put into place many of the parts of its plan to register and regulate tax return preparers.
Published on May 13, 2013
AICPA Actions Regarding the IRC Section 6694 Preparer Penalty Standard (2007-2009)
...The AICPA actively engaged in both legislative and regulatory efforts in response to the May 2007 revisions to the section 6694 preparer penalty standards, specifically with respect to the "more likely than not" standard. I. May 2007 Revision
Published on September 10, 2012
AICPA Testifies at IRS Hearing on User Fee Regulations
Edward Karl, the AICPA’s vice president of taxation, testified on August 24 at an IRS hearing on proposed regulations relating to the user fee aspect of the Service’s proposal to require all paid tax return preparers to obtain a preparer tax identification number (PTIN) and use it on all tax
Published on January 28, 2011
TIGTA Recommends Improvements to IRS Cybersecurity System
TIGTA reports that the IRS’s computer security response center is performing effectively, but further improvement is needed.
Published on April 05, 2012
TIGTA Finds Problems with IRS Purchase Cards, Network Security
TIGTA released a pair of reports finding problems with the security of the IRS Windows environment and a lack of control over IRS purchase cards.
Published on October 12, 2011
TIGTA and Congress Focus on Identity Theft and Tax Fraud
The House Ways and Means Oversight and Social Security Subcommittees held a hearing on tax fraud involving identity theft and TIGTA released a report saying the IRS does not handle identity theft issues well.
Published on May 10, 2012