AICPA Suggests Refining Tax Return Preparer Registration Proposal
In this letter to Congress, the AICPA provides comments on the legislative proposal requiring the registration of federal income tax return preparers.
Published on March 12, 2012
New Yorkers Should Act Now to File Protective Refund Claims for MTA Tax
Time is running out for taxpayers who paid New York’s metropolitan commuter transportation mobility tax when it was first imposed in 2009 to file protective refund claims in the wake of the tax’s being declared unconstitutional.
Published on June 25, 2013
Witnesses Tell Congressional Subcommittee Small Business Health Tax Credit Is Too Complicated
A tax credit enacted to encourage small businesses and tax-exempt organizations to provide health insurance coverage for employees is too complicated and is not meeting its goal, witnesses told a congressional panel on November 15.
Published on November 17, 2011
Government Shutdown, Debt Ceiling Deal Includes One Tax Provision
Wednesday’s deal to fund the federal government through Jan. 15 and to extend the federal government’s borrowing authority through Feb. 7 in the end contained only one tax provision, making a minor change to 2010’s health care legislation.
Published on October 17, 2013
Details of New MyRA Retirement Savings Vehicle Revealed
The White House released details of a new retirement savings account to be made available to employees through their employers.
Published on January 30, 2014
04-19-2013TaxE-Alert Updates on Presidential Budget Tax Reform, AICPA Testimony on House and Senate Tax Proposals, Tax S...
Published on December 20, 2013
November 16, 2012 Tax E-Alert Fiscal Cliff Tools and Predictions, More Disaster Relief Resources, IRS Plans for their 20...
In this issue Fiscal Cliff Tools and Predictions, More Disaster Relief Resources, IRS Plans for their 2013 Compliance Visits, Year-End Estate Planning Aids, and more….
Published on August 02, 2013
11/22/2013 Tax e-Alert PTIN System Now Open IRS Shutdown Contingency Plans
Nov. 22, 2013 Tax E-Alert Newsletter. Articles include: IRS PTIN System Ready For 2014 Applications, AICPA Requests IRS Shutdown Contingency Plan for 2014 Tax Season, Freddie Mac Third-Party Verification Letters, Amending Returns After the DOMA Ruling? AICPA Asks IRS for More Guidance, AICPA Provides Recommendations to IRS for Form 990
Published on November 22, 2013
Transit Pass and Vanpool Benefits to Shrink in 2012
The monthly tax exclusion for employer provided transit pass and vanpool benefits will shrink to $125 in 2012, from the current $230, when the provision providing for parity with employer-provided parking benefits expires at the end of this year.
Published on December 12, 2011
Presidents Budget Proposes AMT Elimination, Tax Reform
President Barack Obama unveiled his proposed budget for FY 2013. It includes several tax reform proposals, including plans to eliminate the AMT, to repeal LIFO, and to tax dividends of high-income taxpayers at ordinary income...
Published on February 14, 2012