The director of the IRS’ Office of Professional Responsibility and veteran practitioners recently gave advice on how to steer clear of the dangers.
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Topics
Practice Management & Professional Standards
2016 Tax Software Survey
CPAs rated the tax preparation software they used in 2016 and how it handled common tasks.
The Client Tax Letter Project: Client Communication for Tax Professionals
Tax classes should teach students not only to navigate the Code but also to communicate their findings effectively through internal memos and client communications.
Form 2848: Ethical Issues for Tax Practitioners
This column discusses some of the rules regarding preparation of Form 2848 and addresses professional ethics issues that arise in dealing with the form.
CPAs Contend With Tax ID Theft
Tax-related identity theft fraud remains a widespread problem that is often difficult for victims and their tax preparers to correct.
Proposal Would Give Public More Information About Tax Expenditures
FASAB proposed a standard with the intention of providing the public more information about the U.S. government’s tax expenditures.
Why the AICPA SSTSs and IRS Circular 230 Should Be Added to CPAs’ Lists of Favorite Resources
These documents are as useful as a master tax guide or tax handbook and may ultimately save a CPA from time-consuming and costly
litigation or disciplinary proceedings.
Starting a Tax Practice: Are You Ready to Hang a Shingle?
This column provides two experienced CPAs’ overview of some key factors to consider before venturing out to start your own practice.
Catching Up After the 2016 Filing Season
Because tax changes don’t take a vacation during filing season, this article helps practitioners keep up to date by summarizing tax developments for that period.
Tax Ethical and Penalty Issues in the UTP Context: A Review After Five Years of Experience
This column reviews the advent of Schedule UTP, considers the applicable ethical rules, and offers some best practice tips for practitioners.
Transparency for Individual Taxes
This article reviews how “taxpayer receipts” can help practitioners provide additional tax information to clients.
Power of Attorney and Declaration of Representative
Many practitioners find that the IRS does not process their Form 2848 filings and returns them because the form was prepared or filed incorrectly.
Work-Product Doctrine Protects Accountant’s Tax Advice
the Second Circuit held that the taxpayer did not waive the attorney-client privilege by sharing documents with a consortium of banks with which the taxpayer had a common legal interest.
Tax Season Business Development
Tax season presents an opportunity to interact with current and prospective clients at a time when interest in the firm and its services is at its peak.
Tax Return Processes: The Intersection of Due Diligence and Quality Control
This column explores the interrelationship of ethical and practical considerations that start before client data come into the office and continue after the return is filed.
Preparing for the 2016 Filing Season
This year-end article offers a list of tasks to consider to get ready for the upcoming filing season.
Training Seasonal Staff
The key to developing a working training program for seasonal staff is to start early.
An Overview of Tax Practice Issues That Arise Under Statement on Standards in Personal Financial Planning Services
This column discusses some of the issues that might arise for tax practitioners in light of Statement on Standards in Personal Financial Planning Services.
Identity Theft: Staying One Step Ahead of the “Bad” Guys
A number of steps can be taken to minimize the opportunities for identity thieves to be successful.
Attracting and Motivating Seasonal Staff
To successfully attract and maintain seasonal staff, a practice needs a different approach than the one it takes with traditional full-time employees.
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
