Remodel or Rebuild How the Decision Could Affect the Sec. 121 Exclusion
The recent Gates decision forces practitioners to reexamine the types of questions they ask a client during tax planning or their annual tax interview if the client has sold his or her personal residence
Published on December 01, 2010
Setting Proper Boundaries With a Clear, Concise Engagement Letter
This column considers the contractual nature of engagement letters and addresses some common criteria that should be considered, and terms that should be included in, most engagement letters.
Published on November 01, 2014
IRS Auditing Through QuickBooks
The IRS has provided QuickBooks accounting software training to its Small Business/Self-Employed (SB/SE) division examiners.
Published on October 01, 2010
AICPA News Update - December 14, 2012
In this issue: Find Out What AICPA President and CEO Says About Year Past and Year Ahead; Transition to Clarified Auditing Standards in Effect Tomorrow; AICPA Members and Relatives Can Still Enroll in AICPA Long-Term Care Insurance Through June 30; Identify and Design Non-Financial KPIs with this New Tool; FAQ and Tutorial Available on
Published on December 14, 2012
Thinking Outside the Typical Client Profile in Tax Engagements
Tax practice leaders should consider whether their firms have appropriate processes and procedures in place to handle engagements that fall outside their usually relatively narrow profile for busy-season individual tax return engagements.
Published on September 01, 2013
Tax Court Not Limited to Administrative Record in Innocent Spouse Cases
The Eleventh Circuit held that the Tax Court properly considered evidence outside the administrative record in a trial to determine whether a taxpayer was entitled to innocent spouse relief.
Published on April 01, 2009
AICPA News Update Volume 13 No. 14
In This Issue: Health Care Reform, SEC activity on IFRS & more
Published on April 02, 2010
Taxpayer Representation in the Shadow of Preparer Discipline
Tax practitioners at times must balance client interests and their own professional interests. This issue takes on even greater import when the CPA is representing a client before the IRS.
Published on November 01, 2013
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 June 01, 2009
Taxpayers Not Entitled to Question IRS Officials About Summonses
The Supreme Court held that a taxpayer is entitled to question IRS officials about the reasons the IRS issued a summons only if the taxpayer points to specific facts and circumstances that plausibly raise an inference of bad faith on the part of the IRS.
Published on September 01, 2014