News & Tips

Member Spotlight – Arthur "Kip" Dellinger

Kip Dellinger is a current member of the AICPA Tax Executive Committee, and is by no means a rookie volunteer in the Tax Division. I have had the great pleasure of working with him on a variety of tax ethics matters both in an official volunteer capacity as well as outside of

Read more

How to Avoid the "Why is My Bill So High" Phone Call from Clients

If you have been involved in billing at any level, you have gotten a phone call from a client who is asking: “why is my bill so high  ?” I know there have been times when I held my breath as I answered the phone right around the time I knew a client received my invoice. With the correct

Read more

Tax Reform: Reality or Wishful Thinking?

In December, I thought there was a very good likelihood that a fundamental tax reform bill might be passed before tax busy season was finished. Good thing I’m not a betting man. Tax reform is far from dead this year, but it’s probably further from reality than I originally thought. The odds of

Read more

Up in Smoke? Tax Services for Marijuana-Affiliated Businesses

If you prepare taxes for clients in any of the majority of states or jurisdictions that now permit some form of legal use or distribution of marijuana, you are likely aware that the federal ban on this drug poses a conflict. The risks can be great.

Read more

March 2017 Tax Section News

IRS Tax Scams; Vacation Just Around the Corner

 
 

Read more

Movement on Repeal of both 1099s

The committee action, which also made changes to a tax credit enacted in the health care reform law,  follows advocacy by AICPA and others to reduce a significant burden on taxpayers. 

Read more

January Tax Section News – 2017

January Tax Section News including Capital Tax Update and Thriving in Tax Season.

Read more

February Tax Section News – 2017

Tax Section News for February including important tax updates and “Executive Orders – A Primer”

Read more

Data Compromises: A Tax Practitioner's Nightmare

Data compromises are a daily event in the U.S., and data compromises targeting tax professionals are on the rise. Identity thieves, many of whom are involved with sophisticated and organized syndicates, are redoubling their efforts to gather personal data to commit Stolen Identity Refund Fraud

Read more

Was 2016 a Good Year for Tax and Tax Practitioners?

CPAs can again look forward to a punctual beginning for tax season with a reasonable amount of certainty about tax laws affecting returns and, perhaps, improved IRS service. Practitioners started 2016 with the knowledge that expiring provisions were alive, as they had been signed in December,

Read more