Whether you're a sole practitioner or run a large tax firm, the AICPA's "Tax Practitioner's Marketing Toolkit" is filled with client letters and surveys, presentations, brochures, and more! Show your clients that you're a tax pro - download your resources today. (Note: You must be an AICPA member to download the toolkit.

 

The Latest News
IRS: Home Office Deduction Could Benefit Small Businesses
The IRS advises small businesses that a home office deduction can help save money on taxes. Taxpayers can take this deduction when they file their taxes if they use a portion of their...
All in the Family: Don't Get Tripped by Tax Rules
The IRS is advising business owners that certain tax treatments and employment tax rules apply to companies that include family members. When both spouses run the trade or business together and...
IRS Says ‘Dozens’ of New Crypto, Cybercriminals Are Identified
The IRS’s criminal division identified “dozens” of potential cryptocurrency tax evaders or cybercriminals after a meeting this week with tax authorities from four other countries. Officials...
IRS provides tax inflation adjustments for tax year 2020
The Internal Revenue Service today announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue...
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500
The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF),...
Maximizing the QBI deduction with UBIA property
The 20% Sec. 199A qualified business income (QBI) deduction is designed to provide some tax relief to owners of passthrough entities. However, the QBI deduction rules impose several limitations,...
Tax Court Has No Time for Frivolity
Ever since the U.S. tax system was created, way back in 1913, some taxpayers have objected to paying their federal income tax liability. But simply refusing to pay tax hasn’t gotten anybody real...
IRS, Treasury issue final regulations on new reporting requirements for life insurance contract transactions
The Internal Revenue Service today issued final regulations on the new information reporting requirements for certain life insurance contract transactions. The requirement was authorized under...
Investors Want a Clear Story on CECL. Are CFOs Ready to Tell It?
Financial and non-financial institutions alike are nearing adoption of the Financial Accounting Standards Board’s new Current Expected Credit Loss (CECL) standard, which will take effect at the...
The New IRS Tax Guidance on Cryptocurrency
This publication consists of two components: Rev. Rul. 2019-24, and 43 frequently asked questions which pertain to cryptocurrency held as a capital asset. IR-2019-167 is designed to supplement...
Kiplinger: CT, NY are 2nd and 3rd least-tax-friendly states
Connecticut and New York are respectively the second- and third-least-tax-friendly states in the nation, according to the latest annual ranking by personal finance magazine Kiplinger. The...
CT considers ‘next steps’ after judge tosses suit challenging SALT tax
A federal court on Monday dismissed a lawsuit by Connecticut and three other high-income states seeking to overturn a new cap on the deductibility of state and local income taxes on federal...
Judge tosses suit by CT, other ‘blue states,’ that challenged SALT cap
A federal court on Monday dismissed a lawsuit by Connecticut and three other high-income states seeking to overturn a new cap on the deductibility of state and local income taxes on federal...
IRS releases draft 2019 Forms 1065, 1120-S, and Schedules K-1
Today the IRS issued a draft of the tax year 2019 Form 1065, U.S. Return of Partnership Income (PDF), and its Schedule K-1, Partner’s Share of Income, Deductions, Credits, etc (PDF). The changes...
IRS releases new Tax Gap estimates; compliance rates remain substantially unchanged from prior study
The Internal Revenue Service today released a new set of tax gap estimates on tax years 2011, 2012 and 2013. The results show the nation's tax compliance rate is substantially unchanged from prior...
IRS finalizes safe harbor to allow rental real estate to qualify as a business for qualified business income deduction
The Internal Revenue Service today issued Revenue Procedure 2019-38 that has a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be...

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Continuing Professional Development

AICPA's Annual Federal Tax Update - 11/21/2019 - Rocky Hill
Save time and keep current on the latest tax developments! This comprehensive course covers all legislative, judicial, and IRS developments of the past year...
AICPA's Annual Federal Tax Update (Livestream) - 11/21/2019 -
Save time and keep current on the latest tax developments! This comprehensive course covers all legislative, judicial, and IRS developments of the past year...
Surgent's Advanced Individual Income Tax Return Issues (Livestream) - 12/2/2019 -
Most CPAs have been preparing individual income tax returns for years, and while many of the returns are easy, there are always a number of issues that come...
Surgent's Advanced Individual Income Tax Return Issues - 12/2/2019 - Rocky Hill
Most CPAs have been preparing individual income tax returns for years, and while many of the returns are easy, there are always a number of issues that come...
Surgent's Federal Tax Camp - 12/9/2019 - Rocky Hill
In this course, tax advisors will be fully updated on the most important legislative and regulatory developments of the season as well as major trends and...
Surgent's Federal Tax Camp (Livestream) - 12/9/2019 -
In this course, tax advisors will be fully updated on the most important legislative and regulatory developments of the season as well as major trends and...
Streamlined Tax Staff Training: Individual - 12/11/2019 - Rocky Hill
Essential knowledge for the new income tax return preparer presented in an information-packed day of practical instruction. Return preparation techniques...
Advanced Technical Tax Forms Training: Form 1040 Issues (Livestream) - 12/17/2019 -
Don't let the title frighten you. Experienced staff can get bogged down in busy season with advanced practice and reporting issues. This course discusses...

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Webinars