Upcoming Infocast to Focus on Partnership Tax Developments

The AICPA will present a live, interactive partnership tax update Friday, Dec. 12, that covers recent changes CPAs will need to be aware of to stay on top of partnership and LLC client needs. The program, scheduled for 1 to 3 p.m. ET, will focus on recent regulatory, judicial and legislative changes including:


  • New substantiality regulations relating to section 704(b);
  • New section 704(c) allocation regulations;
  • Guidance on Trader Partnerships;
  • Family Limited Partnership issues;
  • Tax Shelters and Economic Substance issues;
  • Update on the Hubert Case;
  • New Filing issues


Hughlene A. Burton, CPA, associate professor at the University of North Carolina—Charlotte’s College of Business and chair of the AICPA’s Partnership Taxation Technical Resource Panel, is the speaker for the infocast. Participation in the session is free. Fees apply only for participants seeking CPE credit. Click here for information.


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.