AICPA Supports Goal of Real-Time Tax Processing Offers Cautions on Potential Impact
Newsletter:
Speeding up the process for matching a tax return with third-party data offers potential benefits but also potential pitfalls, the AICPA told the IRS in response to the agency’s proposal.
Published on January 06, 2012
AICPA Supports Goal of Real-Time Tax Processing Offers Cautions on Potential Impact
Newsletter:
The AICPA testified at an IRS hearing on the proposed real-time tax system, saying it supports the overall goal, but that it should be phased in and focus first on the simplest returns.
Published on January 07, 2012
AICPA Continues Push to Reduce Amount of Data Small Businesses Must Turn Over to IRS during an Examination
Newsletter:
The CPA Advocate: October, 2011. The AICPA hosted a meeting with senior IRS officials and accounting software developers to find ways to minimize the amount of data small businesses must send to the IRS during an exam as part of its accounting software file.
Published on October 13, 2011
Hurricane Irene Extend Tax Filing Deadlines for Areas Affected by Storm
Newsletter:
The CPA Advocate: September, 2011. The AICPA asked the IRS to extend tax filing deadlines for business returns where the taxpayers or tax return preparers are in areas affected by Hurricane Irene.
Published on October 12, 2011
AICPA Suggests Solutions for Tax Identity Theft and Tax Fraud at Senate Finance Committee Hearing Reports on Difficult T...
Newsletter:
The CPA Advocate: April, 2013. The AICPA testified before the Senate Finance Committee about tax identity theft, tax fraud and tax reform on April 16, 2013.
Published on April 29, 2013
Congressional Resources
Link:
The Congressional and Political Affairs team has provided useful links to congressional government agencies and AICPA centers.
Published on September 26, 2012
A Quick Look at 2011 Tax Advocacy Success
Article:
A quick overview of the AICPA's many tax advocacy successes over the last year, including 1099 legislation, preparer registration regulations, and several narrower technical victories that simplified compliance.
Published on April 16, 2013
Article/Guide to Section 643 Regs Defining Trust Income - 2005
Article:
An analysis of the revised regulations defining trust accounting income for tax years ending after January 2, 2004. This guide also examines how they affect the computation of fiduciary accounting income and distributable net income.
Published on September 12, 2012
AICPA Comments on Eligible Property and Simplified Service Cost Method Guidance From IRS
Comment Letter:
AICPA's response 01.27.2004 to IRS' requests for comments on Simplified Service Cost Method (SSCM) under Section 263A regulations.
Published on May 20, 2013
Two CPAs to Join Record Number Already Serving in Congress More than 50 CPAs Elected as Lawmakers in their States
Newsletter:
The CPA Advocate: December, 2012. Voters in November 2012 elected a total of 10 CPAs to serve in the U.S. House of Representatives.
Published on December 20, 2012
AICPA Testomony on Opportunities for Savings Removing Obstacles for Small Businesses
Comment Letter:
The AICPA submitted a statement for the record of the hearing on Senate Special Committee on Aging hearing on Opportunities for Savings: Removing Obstacles for Small Businesses, held on March 7, 2012. Our remarks focused on tax...
Published on March 19, 2012
Cover Transmittal Letter for AICPA Written Statement on Estate Taxes for May 31, 2012 Hearing Record - June 8, 2012
Comment Letter:
This is the 6/8/12 AICPA cover transmittal letter for the AICPA written statement on estate taxes for the hearing record for 5/31/12 for the House Committee on Small Business Subcommittee on Economic Growth, Tax and Capital Access. The hearing was on Planning for the Death Tax: Can...
Published on June 11, 2012
Transmittal Letter to Senate Finance Committee for Testimony for Hearing on Alternatives to the Current Federal Estate T...
Comment Letter:
This the 3/11/08 transmittal letter to in which the AICPA provides a written statement for the record of the March 12, 2008 Senate Committee on Finance hearing on alternatives to the current federal estate tax system
Published on March 14, 2012
AICPA Proposes Fiscal Year Flexibility for Emerging Small Businesses
Comment Letter:
...to adopt any fiscal year end from April through November for tax purposes, as proposed in the Small Business Tax Flexibility Act of 2003 (H.R. 3225) for the record of the Subcommittee's September 23, 2004, hearing
Published on May 20, 2013
AICPA Supports Bill to Clarify State Tax Treatment of Nonqualified Deferred Comp
Article:
AICPA has endorsed H.R. 4019, which would clarify that retirement income received under certain nonqualified deferred compensation plans for retired partners would not be subject to non-resident state income tax.
Published on September 28, 2012