Tax Section Member Spotlight on Jim Davidson
Jim Davidson, CPA, knows the secret to success. And luckily for us, he was willing to share it. Learn more about our Tax Section member spotlight this month.
Category: Tax News
Note from the AICPA Tax Executive Committee Chair
Annette Nellen, Chair of the AICPA Tax Executive Committee runs through the latest activities related to tax at the AICPA.
Laughter Really is the Best Medicine
Busy season is no joke. But what can you do about it? One study suggests that giving yourself a good belly laugh could be the key to reducing stress and feeling better.
Capital Tax Update: The Critical Need for Tax Reform Guidance
With the passage of the Tax Cuts and Jobs Act, there is still much to be done in the way of AICPA advocacy efforts. There is an intense need for guidance related to the Act.
Easing the Pain of Extensions
Extensions can be misunderstood by clients, but the extensions can be helpful to the weary practitioner during tax season. Learn how to make the extension process go smoothly with your clients.
Post-death IRA Trust Documentation Requirement
Specific documentation rules apply if a trust is the beneficiary of an IRA and the trust beneficiaries want to be “designated beneficiaries” for the required minimum distribution rules.
Tax-Planning Tips for Individuals as Year-End Approaches
Catherine Murray As 2015 comes to a close, taxpayers are once again facing uncertainty as Congress has yet to act on a host of important provisions that expired at the end of 2014. Although these temporary tax provisions have been routinely extended for years, the possibility that Congress could let them remain expired or only […]
Criminal Tax Prosecutions Run the Gamut
In its annual business report for 2015, the IRS’s Criminal Investigation division discussed notable criminal tax prosecutions. Powered by WPeMatico
Bill with Passport and Third-Party Tax Collection Provisions Passes Congress
The highway funding bill passed by Congress includes provisions that will allow the government to revoke the passports of seriously delinquent tax debtors and will require the IRS to use third-party debt collectors. Powered by WPeMatico
Debt Discharge Tax Relief Announced for Corinthian College Students
The IRS announced that students who attended schools owned by Corinthian Colleges Inc. and whose debt is discharged under certain Department of Education programs will not have to recognize income on the discharged debt. Powered by WPeMatico