Successful Push for Penalty Relief on Delayed Forms
The CPA Advocate: March 27, 2013. The IRS recently announced late payment penalty relief for those taxpayers who are filing forms released after Jan. 30, addressing one of the AICPA’s requests to the agency to alleviate the burden of a compressed, post-fiscal cliff tax filing season.
Published on March 27, 2013
IRS Responds to AICPA Request Grants FBAR Delay for Some Taxpayers
The IRS extended the June 30 filing deadline to Nov. 1 for some taxpayers who are required to file an FBAR report for calendar years 2009 and earlier. For calendar year 2010, the deadline remains June 30.
Published on June 30, 2011
Individual Income Taxation Advocacy
This section contains legislative issues and comments regarding individual income taxation.
Published on April 09, 2013
Portability Extensions for First Half of 2011 Decedents
This page covers the IRS Notice 2012-21 on extensions for making the portability election for decedents dieing in the first half of 2011.
Published on September 26, 2012
AICPA Urged IRS to Extend Estate Filing Deadlines for 2010 and 2011 Estates
The CPA Advocate: September, 2011. AICPA tells IRS executors will need 90 days after the Internal Revenue Service publishes the final 2010 and 2011 estate tax Forms 706 and Form 8939 and instructions to prepare returns for individuals who died in 2010 and 2011.
Published on October 07, 2011
AICPA Supports GASB Action to Improve Pension Accounting Standards
The AICPA Advocate: August, 2012. The AICPA endorsed the GASB's June 25 vote to improve existing standards for pension accounting and financial reporting for state and local employers, as well as governmental pension plans. The GASB released the new standards on Aug. 2, which will be effective in 2013 and
Published on August 14, 2012
AICPA Urges Congress to Make S Corporation Reforms
AICPA provides written testimony before Congress in support of the Subchapter S Modernization Act of 2003.
Published on September 28, 2012
Potts v. SEC
Brief of amicus curiae for the AICPA in support of the petition of Robert D. Potts. The SEC sanctioned Potts for ""improper professional conduct"" in performing duties as a concurring reviewer during an audit of certain financial statements in 1988 and 1989.
Published on April 02, 2013