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Remember These Tips When Filing Your 2016 Tax Return, AICPA Tax Vice President Says

Press Release Washington, D.C. (February 22, 2017) – “Each tax filing season is unique and presents taxpayers with new challenges,” according to Edward S. Karl, CPA, CGMA, vice president of taxation for the American Institute of CPAs (AICPA). “Taxp
Published on February 24, 2017

AICPA Recommends IRS Develop a New Income Tax Formto Improve S Corporation Shareholder Compliance

Press Release The American Institute of CPAs has recommended to the U.S. Department of the Treasury and the Internal Revenue Service that a new income tax form be developed in order to improve S corporation shareholder compliance with the basis rules under subchapter S (section 1367 of the Internal Revenue Code).
Published on February 23, 2017

AICPAs Auditing Standards Board Revises Going Concern Standard Webcast Planned for February 24

Press Release The AICPA’s Auditing Standards Board has issued Statement on Auditing Standards No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern (AICPA, Professional Standards, AU-C sec. 570).
Published on February 22, 2017

AICPA Highlights Tax Provisions that Stifle Entrepreneurship in Testimony at House Small Business Committee Hearing

Press Release Troy K. Lewis, immediate past chair of the American Institute of CPAs’ Tax Executive Committee, testified today at a hearing before the House Small Business Committee about how to promote entrepreneurship by addressing barriers in the tax code.
Published on February 16, 2017

AICPA to Testify at House Small Business Committee Hearing on Tax Barriers to Entrepreneurship

Media Advisory Troy K. Lewis, immediate past chair of the American Institute of CPAs’ Tax Executive Committee, will testify on Wednesday, February 15, at a hearing titled Start-ups Stalled? The Tax Code as a Barrier to Entrepreneurship, which will be held by the House Small Business Committee.
Published on February 14, 2017

AICPA Kicks Off Free Three-Part Workforce Diversity Webcast Series Thurs. Feb 16

Press Release Three part diversity and inclusion webcast series launches on Feb. 16, 2017. Free CPE.
Published on February 14, 2017

AICPA Announces $630,000 in Accounting Scholarships Now Available

Press Release The AICPA Legacy Scholars Program will provide more than 100 scholarships for the 2017-18 academic year totaling more than $630,000 to deserving accounting students from across the nation.
Published on February 13, 2017

New Survey of CPA Financial Planners Explores Financial Impact of Divorce on Retirement

Press Release NEW YORK (February 9, 2017) – Most happy couples don’t spend time thinking about what their life would look like in the event of a divorce. However unromantic the idea of discussing a retirement plan with your significant other may be, it’s crucial
Published on February 09, 2017

AICPA Announces Awards for Assurance-Related Research

Press Release The American Institute of CPAs’ (AICPA) Assurance Research Advisory Group (ARAG) has announced two awards for funding and/or access to accounting firm personnel for research that addresses assurance topics of interest to the CPA profession.
Published on February 07, 2017

Regulations Needed to Clarify Operation of Expanded Research Credit For Small Business Start Ups under PATH Act, AICPA T...

Press Release The AICPA today recommended that the Internal Revenue Service and the U.S. Department of the Treasury issue clarifying regulations regarding the expansion of research credit benefits.
Published on February 01, 2017

Americans Personal Financial Satisfaction Pulled Back Slightly in Fourth Quarter AICPA Index

Press Release Americans saw a slight decline in their personal financial satisfaction in the fourth quarter of 2016, according to the AICPA’s Personal Financial Satisfaction Index (PFSi).
Published on January 26, 2017

AICPA Foundation Awards $451,000 in Scholarships to 94 Outstanding Minority Accounting Students

Press Release AICPA announces Scholarship for Minority Accounting Students for 2016-2017 school year.
Published on January 24, 2017

AICPA to Release Quarterly Economic Gauge of Average Americans Finances on Thursday, January 26

Press Release The AICPA will release the results of the PFSi (Personal Financial Satisfaction Index), a quarterly economic gauge that measures the personal financial standing of a typical American, at 7:00 a.m. EST, Thursday, January 26.
Published on January 24, 2017

Accountants Association Says Federal Regulators Should Establish and Implement Common Principles Related to Cybersecurit...

Press Release The Association of International Certified Professional Accountants has provided comments on three Federal agencies’ advance notice of proposed rulemaking (ANPR) regarding enhanced cyber risk management standards for large and interconnected entities and their service providers.
Published on January 20, 2017

AICPA to Treasury and IRS Withdraw Proposed Estate Tax Regulations

Press Release The AICPA called on the U.S. Department of the Treasury and the Internal Revenue Service to withdraw regulations regarding the valuation of interests in corporations and partnerships for estate, gift, and generation-skipping transfer tax purposes.
Published on January 17, 2017

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