AICPA Identity Theft Recommendation Adopted by IRS
The CPA Advocate: August, 2014. The AICPA has urged the use of truncated Social Security numbers and other taxpayer identification numbers on payee information statements for several years
Published on August 27, 2014
AICPA Comments on Truncation of SSNs - July 18, 2011
The AICPA commented on Notice 2011-38, Request for Comments on Truncating Social Security Numbers (SSNs) on Paper Payee Statements. This notice extended to 2011 and 2012, a pilot program previously created for information return filers to truncate individual payee’s 9-digit...
Published on April 05, 2012
Tax Reform Studies
The AICPA Tax Section's Mission Statement includes advocating for good tax policy as one of its goals. In furtherance of that goal, the AICPA issues comprehensive and balanced studies on tax reform issues.
Published on October 14, 2014
ITIN Application Process Is Too Burdensome, AICPA Tells IRS
The CPA Advocate: September, 2012. The AICPA told the IRS that it is not practical for taxpayers to send their passports, or other original identification documents, to the IRS for 60 days in order to apply for an Individual Taxpayer Identification Number.
Published on September 20, 2012
AICPA Suggests Solutions for Tax Identity Theft and Tax Fraud at Senate Finance Committee Hearing Reports on Difficult T...
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 30, 2013
AICPA Asks for Options to Make E-Signatures Safer for Taxpayers
The CPA Advocate: October, 2014. Under updated IRS rules for certain electronic signatures on tax returns, either the tax preparer or software vendor must verify the taxpayer’s information with a vendor. The AICPA has some concerns.
Published on October 23, 2014
Extensible Business Reporting Language (XBRL) used in financial and other reporting allows for easier access to more transparent information. AICPA supports legislative proposals to utilize XBRL by companies, Federal agencies and recipients of Federal funds.
Published on December 15, 2014
AICPA Applauds Proposed IRS Regulations as a Necessary Step to Combat Tax-Related Identity Theft
The CPA Advocate: March 27, 2013. An IRS pilot program that allows identifying taxpayer numbers to be truncated should be made permanent as one step toward curbing taxpayer identify theft, the AICPA said.
Published on March 27, 2013
AICPA Speaks up Against Penalties in ID Theft Bill
The CPA Advocate: July, 2013. Congress is considering ways to clamp down on tax-related identity theft, including higher penalties on tax preparers. Find out what the AICPA is saying about these efforts and its own recommendations.
Published on July 18, 2013
XBRL Gains Interest in New Legislative Proposals
The AICPA has long supported the use of eXtensible Business Reporting Language, or interactive data, in financial reporting. Several bills introduced recently in Congress are encouraging use of XBRL by federal agencies and recipients of federal funds.
Published on October 13, 2011