Awards for Public Service

The AICPA received an award from the IRS in recognition of the Institute’s efforts to encourage CPAs to volunteer to help victims of hurricanes Katrina, Wilma and Rita fill out their tax forms. Richard Morgante, commissioner of the Wage & Investment Division, presented the award at November’s National CPA/IRS Tax Issues Meeting in Washington, D.C.

Meanwhile, the AICPA awarded its first Tax Public Service Award to Ernst & Young LLP for the firm’s work in the aftermath of the hurricanes. Tom Purcell, immediate past chair of the Institute’s Tax Executive Committee, presented the award to Chuck Kowal, CPA, partner and director of personal financial services at Ernst & Young, at the Federal Tax Conference and Fall Tax Division Meeting. The committee created the award to further the Tax Division’s goal of serving the public and enhancing pro bono opportunities for AICPA members.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.