Barry Melancon, president and CEO of the AICPA, spoke recently about the top issues affecting the CPA profession. Following is a Q&A in which Melancon explores tax preparer registration, fair value accounting, regulation, IFRS and other topics.
Continue reading "AICPA President and CEO Addresses Issues Facing Accounting Profession" »Talk of financial regulatory reform took center-stage as CPAs from across the country gathered in Washington to open the AICPA’s 2009 Spring Meeting of Council. The agenda for the three-day meeting includes speeches by AICPA leadership, Congressional lawmakers and political pundits. The meeting concludes with visits by CPAs to legislators on Capitol Hill.
Your clients may need clarification on President Obama’s small business initiatives and what they mean to their small business. To help you communicate with clients, PCPS is providing client communication resources that provide a clear overview of the key aspects of the small business plan and the Recovery Act tax provisions.
On February 17 President Obama signed The American Recovery and Reinvestment Act of 2009 (ARRA) into law to help stimulate the economy out of recession. Here are some highlights of the act’s individual and business tax provisions.
Continue reading "AICPA Tax Section E-Alert: Summary of the American Recovery and Reinvestment Act of 2009" »With its new and expanded tax benefits for individuals, the American Recovery and Reinvestment Act of 2009 seeks to get more money into the pockets of American consumers. College students and their families, homebuyers, and buyers of new cars are among the potential beneficiaries, but so too are low-income Americans, with the act’s continuation and expansion of such tax breaks as a higher eligibility limit for the earned income tax credit. Here are some of the most prominent features.
The IRS has acknowledged there’s plenty of pain to go around in the current economic downturn. Financially strapped taxpayers can take advantage of several relief initiatives and provisions that could lessen their tax bite. The Journal of Accountancy asked AICPA Tax Section Vice President Tom Ochsenschlager to describe some recessionary tax strategies for clients of CPA tax advisers and traps to avoid when financial market bears rule the day.
President Barack Obama has called for change and you need to know how these changes may affect your employer’s or clients’ businesses. In this free, archived Webcast titled, “The Election is Over…Now What?,” leading experts discuss the Obama administration’s expected direction with respect to tax, regulatory, economic and overall legislative policy. Presenters include Cindy Fornelli, executive director of The Center for Audit Quality, and Thomas A. Stout, Jr., director of federal tax legislative and regulatory services, KPMG LLP.
Explore the provisions of the Economic Stabilization Act that were designed to help individuals during the recession. Among its many benefits, the act provides alternative minimum tax (AMT) relief, energy tax credits, and disaster relief for individuals.
Alternative investments, generally speaking, are investments that are considered outside of the traditional asset classes of stocks, bonds and cash. For example, net-leased real estate is getting closer looks. Learn why...
Private placement life insurance offers the high-net-worth client tax advantages. Private placement life insurance, which is as much about asset protection as it is about growing assets, offers HNW client tax-advantaged hedge-fund investing and other benefits.
In handy download format, this book focuses on how to assess and modify your firm’s estate planning services in a volatile market. Includes sample checklists and a marketing PowerPoint presentation.
Learn More
Along with advice regarding income, gift, and estate taxes, your clients may need your help to plan for future long-term care needs. Get answers on elder law issues, including advanced directives, Medicaid, Medicare and other topics facing elderly clients.
The Accountant's Business Manual has proven to be a dependable complete "quick answer book" for a wide array of business, legal, tax and financial questions.
| Brought to you by |  |
the marketing and technology subsidiary of the AICPA |
