AICPA Comments on Definition of Family Office in Proposed SEC Rule for Purposes of Exemption under Investment Advisers A...
The AICPA has submitted comments about the U.S. Securities and Exchange Commission’s proposed rule defining “family offices” as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act for purposes of exemption under the Investment Advisers Act of 1940
Published on November 23, 2010
Fewer Types of Retirement Plans and Simpler Rules would Help Small Business Owners, AICPA Tells Congress
Congress should consolidate and simplify the types of tax-favored retirement plans now available to small business owners in order to minimize the cost and administrative burden imposed by the plans, the American Institute of CPAs (AICPA) said in written testimony submitted for the record of the House Small Business Committee’s
Published on October 15, 2013
AICPA Hails SECs Adoption of Rule Exempting Accountants from Municipal Advisor Registration
...Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs (AICPA), in reaction to the U.S. Securities and Exchange Commission’s (SEC) adoption of a final rule related to the registration of municipal advisors
Published on September 27, 2013
AICPA to IRS Adopt Draft Revenue Ruling on Partnership Targeted Allocations
The American Institute of CPAs (AICPA) sent a draft revenue ruling on the use of partnership target allocation methodology to the Internal Revenue Service (IRS) and Department of the Treasury on Feb. 11, 2014 urging that the IRS adopt it in order to eliminate confusion.
Published on February 18, 2014
AICPA Voices Strong Support for Senate Finance Committee Discussion Draft on Tax Administration Reform and Simplificatio...
AICPA said in a letter today to Senate Finance Committee Chairman Baucus and Ranking Member Hatch that it “strongly supports the efforts by the Senate Committee on Finance on tax administration reform and simplification.”
Published on January 16, 2014
10 Tax Tips for Filing Your 2012 Federal Tax Return from the American Institute of CPAs
While individual tax returns are not due until Monday, April 15, even with that final weekend to get the work done, America’s CPAs remind taxpayers that getting an early start will make filing easier and the process smoother.
Published on February 19, 2013
AICPA Welcomes Introduction of House Legislation Exempting Valuation Specialists from Fiduciary Status
statement by Barry C. Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs (AICPA), in reaction to the introduction of H.R. 2041, legislation to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans:
Published on May 20, 2013
AICPA Asks IRS for Guidance on Applying Carryover Basis Rules to Estates of Taxpayers who Died in 2010
The American Institute of Certified Public Accountants has asked the Internal Revenue Service to issue guidance about how to apply carryover basis rules for the assets of taxpayers who died in 2010 in order to settle their estates. Basis is generally the original purchase price of an asset, such as
Published on December 07, 2010
AICPA Says IRS Should Withdraw Uncertain Tax Position Proposal
The AICPA told the IRS it should withdraw its proposed rule that would require companies with more than $10 million in total assets to disclose uncertain tax positions on a new schedule
Published on June 02, 2010
AICPA Recaps Its Tax Reform Recommendations in Letter to Senate Finance Committee
The American Institute of CPAs (AICPA) wrote the Senate Finance Committee on July 26, 2013 to recap its recommendations on tax reform as the Committee moves closer to drafting a tax reform bill. The recommendations were submitted following a request by Senate Finance Committee Chairman Max Baucus and Senate Finance
Published on July 31, 2013