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

Tax E-Alerts

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

Read the Alerts

Tax Advocacy for Members

IRS Issues Interim Relief on More-Likely-Than-Not Penalties

On December 31, 2007, the IRS indicated that, if a position satisfies the substantial authority standard, practitioners will not be required to disclose the position nor be subject to a section 6694 preparer penalty if they meet the requirements outlined in Notices 2008-11, -12, and -13. Learn More>>

 

Urge Congress to Turn Back the More-Likely-Than-Not Preparer Standard

Tax Section members, please e-mail your Representative as soon as possible and ask him or her to contact Rep. Crowley or Rep. Ramstad to sign on as co-sponsors of H.R. 4318. Learn More>>

 

This section covers AICPA activities in Washington, D.C., including the latest legislative developments, tax policy efforts, and regulatory guidance.


 

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>>

 


The AICPA Testifies Before the House Small Business Committee on Ways to Modernize the Tax Code
On April 10, 2008, in testimony before the US House of Representatives’ Small Business Committee, the AICPA proposed changes to the taxation of S corporations, partnerships, the AMT, and estates. 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>>