Version 1.0 of the trust services principles and criteria framework, which encompasses the WebTrust and SysTrust services, now is included in the loose-leaf edition of the AICPA’s Technical Practice Aids (product code G80101JA) and will become part of the paperback edition (product code 005142JA) in June. Both versions are available from the AICPA at 888-777-7077. The framework will be effective for engagements beginning April 1, and its use is encouraged for earlier engagements.”
Where to find March’s flipbook issue
The Journal of Accountancy is now completely digital.
Get Clients Ready for Tax Season
This comprehensive report looks at the changes to the child tax credit, earned income tax credit, and child and dependent care credit caused by the expiration of provisions in the American Rescue Plan Act; the ability e-file more returns in the Form 1040 series; automobile mileage deductions; the alternative minimum tax; gift tax exemptions; strategies for accelerating or postponing income and deductions; and retirement and estate planning.