Whether you're a sole practitioner or run a large tax firm, the AICPA's "Tax Practitioner's Marketing Toolkit" is filled with client letters and surveys, presentations, brochures, and more! Show your clients that you're a tax pro - download your resources today. (Note: You must be an AICPA member to download the toolkit.

 

The Latest News

IRS announces Form 1040-X electronic filing options coming this summer; major milestone reached for electronic returns
The Internal Revenue Service announced today that later this summer taxpayers will for the first time be able to file their Form 1040-X, Amended U.S Individual Income Tax Return, electronically using available tax software products. Making the...
The Quick Tax Fix for Qualified Improvement Property
At long last, the Coronavirus Aid, Relief and Economic Security (CARES) Act fixes a glitch in the tax rules for deductions for “qualified improvement property” (QIP). The change, which some tax commentators have calling for since the Tax Cuts and...
Quirks spurred by COVID-19 tax relief
It's May, and we've had a few weeks to digest all the new tax legislative, regulatory, and procedural guidance that's been released associated with COVID-19. That means we've also had a little time to ponder some procedural and administrative...
Essential documents clients must update during COVID-19
CPAs have been especially busy in recent weeks counseling clients through the sudden economic challenges brought on by COVID-19. Because you’ll be communicating with a large number of your clients, this can be a timely opportunity to also...
IRS adds phone operators to answer Economic Impact Payment questions
IRS telephone assistance and other services will remain limited, and answers for most of the common questions related to Economic Impact Payments are available on IRS.gov. The IRS anticipates bringing back additional assistors as state and local...
Cares Act and Single Audit Requirements
Until recently, it has been unclear if any of the funds received, either as loans or grants, would be subject to Single Audit requirements.
IRS Issues FAQs on COVID-19-Related IRA, 401(k) Loans and Distributions
The Internal Revenue Service has issued a series of questions and answers regarding the CARES Act coronavirus-related relief for retirement plans and Individual Retirement Accounts. That’s helpful as folks consider tapping these accounts in the...
IRS retools Settlement Days program in response to COVID-19 pandemic; allows unrepresented taxpayers to settle their cases virtually and reach finality
The Internal Revenue Service Office of Chief Counsel today announced the Settlement Days program will continue remotely enabling unrepresented taxpayers to work towards resolving their pending United States Tax Court case despite "stay-at-home"...
AICPA challenging nondeductibility of PPP-related expenses
The IRS released guidance (Notice 2020-32) to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted to deduct expenses that are normally deductible under the Code, to the extent the expenses...
11 Tax Tips for the Unemployed
Over the past five weeks, 26.5 million Americans have filed initial claims for unemployment, according to the U.S. Department of Labor. That’s in addition to the 7.1 million unemployed Americans reported before most of the country shut down in...

More >


 

 

Continuing Professional Development

Surgent's Individual Tax Planning Ideas (Morning Session) - 6/12/2020 -
With the far-reaching changes brought about by recent tax reform, careful planning takes on new importance. This course presents the most important income...
The Best Individual Income Tax Update Course by Surgent - 6/18/2020 -
This highly informative course comprehensively covers all the latest tax law developments. The focus is on individual taxation and discussion of the...

 

Webinars

More >