Articles, Tax Practice Guides & Checklists, Comment Letters, Tools, etc.Discussion Forum, Tax Committees, Member PublicationsAICPA ConferencesTax Section Membership info.Publications, CPE, and Conferences
 
Search

Printer Friendly View

Tax E-Alerts

News you can use on tax regulations, court decisions, legislation, and practice management.

Read the Alerts




As a tax practitioner, you may have contemplated adding personal financial planning services to your practice. There is a natural progression to go from being your client's most trusted tax advisor to also being their most trusted personal financial advisor. But you have questions: will it be profitable? How do I get started? What are other CPA firms doing? All of these questions are addressed in a new research study published by the AICPA's PFP Section that can show you how to expand your services into this lucrative niche area that is a great compliment to your tax practice.

The Personal Financial Planning Section of AICPA and Moss Adams LLP are pleased to announce the results of their first joint study of CPA financial planning and advisory practices- AICPA/Moss Adams CPA Financial Planning Practice Study.

Click here for more information

 

Transition Relief Extended for Nonqualified Deferred Compensation Plans

IRS Notice 2006-79 extends the deadline form many aspects of complying with section 409A Nonqualified Deferred Compensation Plans from January 1, 2007 until January 1, 2008. Certain discounted stock options subject to backdating are not affected by the Notice. The AICPA urged Congressional taxwriters to postpone the effective date of Code section 409A and asked that its committees hold hearings to consider narrowing the measure’s scope or repealing it entirely. Section 409A governs plans and arrangements that provide nonqualified deferred compensation to employees, directors or other service providers. These regulations implement new provisions established by the American Jobs Creation Act (AJCA).

Download Notice 2006-79