Tax Area Homepage
Tax: The AICPA provides tax practice tools to help members elevate their practices and maintain the highest ethical standards. The AICPA also advocates sound tax policy and effective tax administration...
Published on July 16, 2014
Defending R&D Credits
This article highlights and analyzes some recent decisions concerning the research and development (R&D) tax credit and IRS administrative practices when auditing R&D credit claims, most notably the Union Carbide decision in the Tax Court
Published on January 28, 2011
Tax Law Changes Delay Start of Filing Season for Some Taxpayers
The IRS has warned taxpayers that it will not be accepting certain 2010 individual tax returns until mid- or late February, due to tax law changes enacted by Congress late in 2010. Taxpayers affected include all those who itemize deductions on Schedule A, as...
Published on February 01, 2011
Tax Return Preparers Win Partial Victory in Fraudulent Credit Scheme Case
A district court found that two tax return preparers who had participated in a fraudulent scheme involving credits for fuel from nonconventional sources did not know the scheme was fraudulent and dismissed the IRS’s requests...
Published on November 30, 2011
Tax Legislation and Policy
The AICPA has a long history of advocating for sound tax policy. This section contains: Tools to evaluate tax provisions and proposals from a tax policy standpoint; Tax reform studies to promote informed tax policy decisions
Published on April 25, 2013
A Blended Approach to Teaching Tax Writing Skills
This column describes how a group of tax professionals, one of whom is also an adult learning specialist, collaborated with a writing consultant to create a distinctive training experience for CPAs on how to write for the...
Published on July 20, 2011
IRS Issues Guidance on Fingerprinting, Other Registered Tax Return Preparer Details
The IRS provided more details September 22 of its still-developing requirements for all paid tax return preparers to be registered and undergo a background check, to include fingerprinting
Published on September 27, 2011
Tax Section Membership
The Tax Section takes it one step further by providing additional tax practice tools and aids, resources and guidance to help CPA tax practitioners elevate their practices and maintain the highest...
Published on February 24, 2014
Controlling Interest Provisions in State and Local Real Estate Transfer Taxes
A common way for a taxpayer to transfer real estate to a new owner without paying a real property transfer tax has been to transfer an ownership interest in an entity that holds title to the property. However, a number of jurisdictions now require taxpayers who engage in these types...
Published on January 13, 2012
Portability of Unused Estate and Gift Tax Exclusion Between Spouses
One of the essential elements in the equation for the computation of both the federal gift and estate tax is the reduction of the tax due by the amount of the estate or gift tax on the applicable exclusion amount. Because of changes to the tax law, a...
Published on July 20, 2011