AICPA Asks for Guidance Under New Section 6694 Preparer Penalties In a November 7, 2007, letter to the IRS, the AICPA described guidance needed under the new preparer penalty provisions of section 6694. Learn More>>
AICPA Urges Relief from More-Likely-Than-Not Standard
On June 7, 2007, the AICPA wrote to the Department of the Treasury and the IRS urging that transitional relief be granted for the "more likely than not" provision. Learn More>>
AICPA Comments on 2007-2008 IRS Guidance Priority List
AICPA submitted suggestions to the IRS and Treasury on the 2007-2008 Guidance Priority List. The 2007-2008 Guidance Priority List will establish the guidance that the Treasury Department and the IRS intend to issue from July 1, 2007 through June 30, 2008. Learn More>>
Congress Exempts CPAs from Gramm-Leach-Bliley Disclosure Provisions
Congress passed an exemption for CPAs from the privacy disclosure provisions of the Gramm-Leach-Bliley Act. Learn More>>
IRS Awards AICPA Citation of Excellence in Serving Small Business Community
November 2, 2005. At the annual National CPA/IRS Tax Issues Meeting in Washington, DC, Small Business/Self Employed Commissioner Kevin Brown presented the AICPA Tax Section a citation of excellence for our "outstanding team effort in delivering products, services and education to the Small Business/Self Employed Operating customer." Learn More>>
AICPA Makes Recommendations for IRS-Treasury 2006-07 Priority Guidance List
The AICPA has submitted recommendations for the Treasury-IRS 2006-2007 Guidance Priority List. The comments cover a range of areas that affect individual and business taxpayers. The AICPA also emphasized the continuing need for Treasury and the IRS to continue efforts to simplify tax regulations and cited three examples of “simple” guidance released by the IRS. Learn More>>
AICPA Sends IRS/Treasury Ideas for Needed Guidance
May 25, 2004. These suggestions were provided for inclusion in the 2004-2005 IRS/Treasury Priority Guidance Plan. The document contains the AICPA's recommendations on a number of issues, including simplification, safe harbor alternatives, clear and consistent definitions, horizontal drafting, the implementation of business and industry-standard record-keeping practices, among others. Learn More>>
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