AICPA Recommends Clarifications to Noncompensatory Partnership Option Regs
The Internal Revenue Service and the Treasury Department issued proposed regulations which provide guidance on the issuance and exercise of partnership-issued non-compensatory options and convertible instruments.
Published on July 18, 2013
AICPA Responds to IRS Simplification Proposals for Employee Benefit Plan Determination Letters
AICPA responds to the second white paper regarding The Future of the Employee Plans Determination Letter Program, encouraging simplification.
Published on June 24, 2005
The SIMPLE Cafeteria Plan Act of 2005 AICPA Comment Letter on S. 723
In a letter to the U.S. Senate, AICPA comments on S. 723, The SIMPLE Cafeteria Plan Act of 2005.
Published on June 27, 2005
AICPA Comments on Proposed Section 987 Foreign Currency Transaction Regs
These AICPA comments to IRS discuss various suggestions regarding the 2006 proposed regulations on section 987 foreign currency transactions.
Published on October 05, 2012
AICPA Survey Recommends Treaty Negotiation Priorities
AICPA contacts the Department of the Treasury and provides suggestions for future treaty negotiations and possible renegotiation priorities.
Published on June 24, 2005
FTC Rulemaking on Identity Theft Red Flags
Article on CPAs and CPA firms being officially exempted from the FTC’s Red Flags rule with the passage of S.3987, the “Red Flag Program Clarification Act of 2010” in December 2010
Published on April 19, 2011
Whistleblower Rules under Dodd Frank Act
Dodd-Frank Act Sections 922 and 748 require the Securities and Exchange Commission and Commodities Futures Trading Commission to implement rules to pay cash awards of up to 30% in settlements over $1 million to whistleblowers who voluntarily provide original information about violations of the Securities laws and Commodity Exchange...
Published on February 05, 2013
Audits of FHA-Approved Participants and Related HUD Requirements
FHA proposes new rule to strengthen risk management and shift accountability for the underwriting of FHA-insured loans to the mortgage banks. It may no longer require FHA to approve loan correspondents (mortgage...
Published on May 14, 2013
ERISA Fiduciary Definition - Appraisers of Employee Stock Ownership Plans
The AICPA believes that the U.S. DOL should implement rules that would require appraisers of ESOPs to meet minimum qualification requirements, including holding relevant credentials and training, and comply with applicable professional valuation standards
Published on December 30, 2013
Registration and Inspection of the Auditors of Broker-Dealers
The Dodd-Frank Act provides authority to the Public Company Oversight Board to expand, by rule, its oversight and inspections to all auditors of broker-dealers or to a targeted subset of its choosing. The AICPA continues to advocate for a clear policy rationale to...
Published on May 14, 2012