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    Application Period Now Open for 2015 AICPA Leadership Academy

    Media Advisory The Leadership Academy is open to licensed CPAs who are voting members of the AICPA, have more than three years of experience in the profession and are between the ages of 25 and 35.
    Published on March 26, 2015

    AICPA Statement on CPA Lawmakers Senate Bid

    Press Release “As a CPA, Representative Patrick Murphy is the personification of the problem-solving accountant. He brings financial expertise, a bipartisan approach, and a can-do attitude to his work in Congress. We are pleased by his decision to run for the Senate.”
    Published on March 25, 2015

    AICPA Recommends Estate Tax Portability Relief for Surviving Spouses

    Media Advisory The portability election must be made by a decedent’s executor on a timely filed Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return. However, executors of estates for decedents who died on January 1, 2014 or later may be unaware that a Form 706 is required to be filed
    Published on March 23, 2015

    AICPA Sends Tax Reform Suggestions Concerning Individuals to Senate Finance Committee Working Group

    Press Release Troy Lewis, CPA, CGMA, chair of the AICPA Tax Executive Committee, wrote, “We understand the challenges that Congress faces as it tackles the complex issues inherent in drafting tax legislation, and note that both taxpayers and tax practitioners are interested in, and need, tax simplification. Compliance burdens for individual taxpayers
    Published on March 19, 2015

    Accounting Scholars Leadership Workshop Applications now Live for Minority College Accounting Majors

    Press Release “The AICPA’s Accounting Scholars Leadership Workshop is a chance for minority students to immerse themselves in accounting and learn more about the profession and the opportunities earning their CPA license provides,” said Kim Drumgo, AICPA Director, Diversity and Inclusion and Vice Chair of the National Commission on Diversity and Inclusion
    Published on March 17, 2015

    AICPA Sends Compendium of Tax Proposals to Capitol Hill

    Media Advisory The AICPA today sent top tax lawmakers on Capitol Hill a package of 34 legislative proposals that the AICPA believes promote simplicity and fairness in the tax code.
    Published on March 17, 2015

    AICPA Offers Taxpayers Answers to Common Questions about the Affordable Care Act

    Press Release AICPA Vice President of Taxation Edward Karl, CPA, CGMA, said, “Taxpayers will be in one of three situations – they will have had health insurance that met the requirements for minimum essential coverage under the Affordable Care Act, will have qualified for an exemption or will owe the penalty for
    Published on March 16, 2015

    Business Executives Lower Expectations on Profit, Sales and Expansion, AICPA Survey Finds

    Press Release Business executives are taking a more tempered view when it comes to expectations for profit, revenue and expansion in the coming year, according to the first quarter AICPA Economic Outlook Survey.
    Published on March 05, 2015

    AICPA to Release Results of CPA Economic Outlook Index on Thursday, March 5, 2015

    Media Advisory The AICPA survey is a forward-looking indicator that tracks the hiring expectations of CEOs, CFOs, controllers and other senior-level CPAs over the next 12 months.
    Published on March 03, 2015

    AICPA and CIMA Launch New Professional Learning and Development Website to Enable CGMAs to Meet Employers Needs

    Press Release The AICPA and CIMA today launched a new professional learning and development website for Chartered Global Management Accountants that will equip them with the competencies required to maintain and improve their employability in today’s challenging business environment.
    Published on February 17, 2015

    AICPA Statement on IRS Announcement of Repair Regs Relief for Small Business Owners

    Press Release The AICPA issued a statement about the IRS announcement  today offering relief to small business owners to comply with the final tangible property regulations.
    Published on February 13, 2015

    AICPA Recommends Additional Guidance from IRS Concerning Deferral of Advance Payments Related to Stock Acquisitions

    Press Release A comment letter from the AICPA to the IRS addresses two issues related to the treatment of advance payments deferred when the stock of the taxpayer is acquired, as well as the treatment of advance payments received from members of an affiliated group.
    Published on February 13, 2015

    AICPA Statement on Passing of Harvey Goldschmid

    Press Release The AICPA issued a statement by President and CEO Barry C. Melancon on the death of former SEC Commissioner Harvey Goldschmid.
    Published on February 13, 2015

    Dedicated Site Highlights Value that CPAs Can Provide to Small Business Owners

    Press Release The AICPA today launched a new site, cpapowered.org, which underscores the value CPAs can provide to the nation’s 28 million small businesses on strategic planning, compliance reporting and financial management.
    Published on February 11, 2015

    AICPA Urges U.S. Senate to Promptly Approve Pending Tax Treaties

    Press Release Noting that the full Senate has not approved any income tax treaty or protocol since 2010, the AICPA wrote that it believes “income tax treaties are vital to United States economic growth as well as U.S. trade and tax policy.”
    Published on February 09, 2015

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