AICPA Advocacy

TOPICS

July 2, 2024

Tax pros: IRS improving, but getting the right answer takes too long

A survey by the AICPA shows that almost two-thirds of tax professionals say it takes over 90 days to get a substantive response from the IRS to correspondence.

June 10, 2024

AICPA applauds the Private Company Council’s work with FASB

A comment letter related to a Financial Accounting Foundation review of the PCC’s effectiveness praises the impact the council makes for private company stakeholders.

May 24, 2024

AICPA makes recommendations to IRS on next Priority Guidance Plan

In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification.

May 22, 2024

CEO Melancon, ‘passionate advocate’ for the profession, to retire

AICPA & CIMA leader’s tenure includes the creation of the CGMA designation and creation of the Association of International Certified Professional Accountants.

April 18, 2024

AICPA letter to FinCEN supports small registered investment advisers

Proposed regulations could challenge small RIAs in particular to maintain compliance, according to an AICPA comment letter. The letter recommends that FinCEN reconsider how it determines who must report.

April 8, 2024

AICPA: BOI ruling confuses businesses; enforcement should be delayed

In a letter to the Treasury secretary and the FinCEN director, the AICPA called for enforcement of beneficial ownership information reporting regulations to be suspended until after lawsuits are settled.

April 2, 2024

CPA licensure program off to ‘promising’ start

The Experience, Learn & Earn program, designed to help accounting graduates earn required academic credits for CPA licensure, began earlier this year with online classes at Tulane University.

March 14, 2024

Clearing up BOI confusion and other tax advocacy updates

An AICPA tax leader discusses March focus areas for advocacy and why it’s still “business as usual” for most companies filing beneficial ownership information reports.

March 12, 2024

Decision holding Corporate Transparency Act unconstitutional appealed

The U.S. Justice Department filed an appeal Monday challenging the district court’s decision that the law, which requires businesses to report beneficial ownership information, is unconstitutional.

March 5, 2024

Plaintiffs: FinCEN should pause all CTA enforcement

The plaintiffs who won a summary judgment that bars enforcement of the Corporate Transparency Act against them said the Financial Crimes Enforcement Network should pause beneficial ownership information reporting requirements for all businesses.

FROM THIS MONTH'S ISSUE

Tax season quick guide

Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.