AICPA Asks Congress for Relief From SILO Regs for Partnerships

Article:  ...exempt (including foreign) partners are unsure whether losses should be reported as suspended or disallowed in the situation where the partnership did not engage in any SILO or other leasing transactions
Published on April 18, 2013

Proposed Regs. Would Govern Employment Tax Liability of Third-Party Agents

News:  The IRS released proposed regulations that would govern the liability for employment taxes when an employer designates an agent under a “service agreement” to pay its employees and to satisfy all employment tax obligations.
Published on January 28, 2013

Proposed Regs. Would Clarify Who Is Subject to Sec. 274(n) Limit on Meal Expenses

News:  The IRS released proposed regulations clarifying which party is subject to the rule that limits the deduction for meals to 50% of the expenses incurred.
Published on August 07, 2012

2011 Automobile Depreciation Limits Released

News:  The IRS issued the 2011 inflation adjustments to the depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F.
Published on March 03, 2011

2013 Automobile Depreciation Limits Released

News:  The IRS on Monday issued the 2013 inflation adjustments to the depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F.
Published on February 26, 2013

Partnerships

Checklist:  This section contains AICPA comments and recommendations related to partnerships.
Published on April 23, 2013

2012 Automobile Depreciation Limits Released

News:  The IRS issued the 2012 inflation adjustments to the depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F.
Published on March 06, 2012

May 11, 2012 Tax E-Alert Deadlines for Key Opportunities are Next Week

Newsletter:  This newsletter contains information regarding: Tangible Property Regulations, Full Deduction for Administrative Costs of Estates & Trusts, and Final Regulations Regarding Trust Ordering Rules.
Published on May 14, 2012

IRS Releases Form and More Guidance on Small Business Health Care Tax Credit

News:  The IRS released a new form and guidance relating to the small business health care tax credit for the 2010 tax year.
Published on January 28, 2011

President Proposes 3-Year AMT Patch, Partial Relief on 1099s, Crackdown on Misclassification

News:  President Barack Obama released his proposed budget for fiscal 2012, containing several tax proposals.
Published on February 16, 2011

AICPA Evaluates the International Tax Aspects of the American Competitiveness and Corporate Accountability Act

Comment Letter:  AICPA writes to the Congress evaluating the international tax aspects of the proposed H.R. 5095, American Competitiveness and Corporate Accountability Act.
Published on March 02, 2010