News & Tips

IRS Collection Guidance and Resources

Practitioners are likely to have clients who owe taxes to the IRS and who are unable to

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What to Do When a Key Member of Your Team is Unexpectedly Out of the Office

When a key member of your staff leaves unexpectedly, it can be a challenge to work through busy season without them.  However, there are some ways to help mitigate the loss of a staff member for an extended period of time.

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Top 5 Ways to Burn Calories During Tax Season

Finding time to take care of your physical and emotional health this tax season can be hard to do. Luckily for you, this Top 5 list shows you there are many opportunities around every corner.

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Sec. 2704 Estate Valuation Regulations Not Withdrawn Under the Regulatory Freeze Executive Order: CPAs Need to Consider Disclosure Statements

The executive order that freezes federal regulations only withdraws regulations that were not yet published.  Sec. 2704 proposed regulations are not withdrawn, but impacted CPAs may want to use a suggested disclosure statement.

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Letter from the Chair

Annette Nellen, Chair of the AICPA Tax Executive Committee, gives highlights on recent developments on the AICPA Tax Division as well as developments in its advocacy efforts.

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Executive Orders – A Primer

With executive orders being in the spotlight recently, this article explains the authority of an executive order and highlights the impact of the ACA EO and a CPA’s professional responsibilities to it.

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Using the IRS Online Payment Agreement

Webpage designed to provide guidance and resources regarding the Online Payment Tool from the IRS

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New Due Diligence Requirements and Preparer Penalties for 2016 Tax Returns

Tax return preparers will need to spend additional time to determine the eligibility of clients to claim certain credits and to formally document their qualification to do so.

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Capital Tax Update

When it comes to important tax and political activity, January 2017 is no slouch.  Not only is a new President being ushered in, the IRS issued new (proposed) regulations for partnership audits and the AICPA is preparing for the possibility for tax reform and making its views clear on key

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Reducing Investment Taxes in the New Year

As CPAs, we know that the biggest drag on investment performance is taxes, and this year will undoubtedly result in several instances of clients asking: “How can I reduce my taxes?” While year-end has come and gone, the start of a new year allows you to take a fresh look at your investment strategy

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