AICPA Advocacy

TOPICS

May 27, 2025

IRS hotline questions resolved faster in 2025; concern grows about agency’s future

An annual survey of AICPA members about IRS service showed the majority of respondents are concerned that political distractions will affect agency funding and administration in the future.

May 27, 2025

Display that CPA

CPAs should be encouraged to highlight their license in their business dealings. Susan S. Coffey, CPA, CGMA, CEO–Public Accounting at the Association of International Certified Professional Accountants explains why.

May 22, 2025

AICPA recommends changes to prop. regs. on PTEP, related basis adjustments

The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely on proposed regulations until they are final.

May 21, 2025

Why the PTET SALT deduction is the AICPA’s ‘No. 1 priority’

An AICPA tax leader updates listeners on key points of the tax portion of the House budget bill. She also details some of the AICPA’s sticking points and potential “wins” — and explains why IRS service may soon decline. Listen to the podcast episode or read the Q&A.

May 21, 2025

AICPA: Contingent fee provision in tax bill would help unscrupulous tax preparers

In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars Treasury from regulating contingent fees.

May 15, 2025

The ‘robot uprising’ and you: A CPA leader’s view on harnessing AI

An expert on artificial intelligence explains why the profession is well suited to deal with fast-moving technological changes despite saying, “Nobody can actually fully keep up.” Listen to the podcast episode or read the Q&A.

May 14, 2025

AICPA endorses some Ways and Means tax provisions, signals concern for others

One item is a “longstanding priority for the AICPA and the tax profession,” a news release said. The AICPA cited the “potential detrimental impact” of other provisions.

May 14, 2025

AICPA gives Gold Medal Award of Distinction to Mintzer

Andrew Mintzer, CPA, a firm leader in Los Angeles, was presented with the highest honor granted by the organization.

May 14, 2025

AICPA, NASBA approve new CPA licensure path

Amendments to the Uniform Accountancy Act add a third pathway to CPA licensure: a bachelor’s degree, two years of professional experience, and passing the CPA Exam.

May 2, 2025

AICPA makes recommendation for updated Form 8971 instructions

In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent.

FROM THIS MONTH'S ISSUE

4 ways solo practitioners can stand out

Five years ago, a grieving Angel Zhen started his own CPA firm with no clients and no revenue. Today, he has 300 clients, $600,000 in revenue and 12 weeks of annual vacation. In this JofA article, he shares how he set up his firm and how you could do the same.