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

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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.

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AICPA Submits Tax Gap Testimony to House Ways and Means Committee - March 20, 2007

The AICPA has submitted a March 20, 2007, written statement for the House Ways and Means Oversight Subcommittee hearing record on the 2007 tax filing season, tax gap and IRS operations. The AICPA comments focused on a variety of issues impacting IRS operations and the tax gap, specifically the 2007 tax filing season and certain tax administration provisions that are likely to be considered as part of the legislative policy debate over the tax gap and repeal of the telephone excise tax on local service.

 

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Copyright © 2007 by the American Institute of Certified Public Accountants, Inc., New York, New York.