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Tax E-Alerts

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

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Individual

This section covers taxation issues for individuals.


 

2006 Year in Review

This presentation, prepared by Tom Ochsenschlager, AICPA VP-Taxation, focuses on cases and rulings decided in 2006 relating to income taxation. Learn More>>

 

AICPA Comments on Proposed Regs Defining Child Under Section 152

On August 8, 2007, AICPA commented on section 152 proposed regs on a special rule for children of divorced or separated parents or parents who live apart. Learn More>>

 

AICPA Urges IRS to Reconsider Including Tax Preparation Cost Estimates in the 2005 Form 1040 Instructions

In a November 30, 2005 letter to Commissioner Everson, the AICPA strongly recommended that the IRS not publish tax preparation cost estimates in the 2005 Form 1040 Instructions. Learn More>>

 

AICPA Urges IRS to Eliminate Schedule D Reporting Burden

The AICPA expressed concern that the 2005 instructions for Form 1040, Schedule D will impose a significant burden on individual taxpayers when they report capital gains and losses by requiring taxpayers to list each capital gain or loss transaction on a separate line. This would likely discourage e-filing of individual tax returns. Learn More>>


AICPA Supports the MOBILE Cell Phone Act of 2008 (H.R. 5450)
According to a 2004 NFIB Small Business Poll, 78% of small-business owners use a cell phone for business purposes. Learn More>>