Practice Management & Professional Standards

Topics

February 11, 2021

As tax season launches, AICPA checks in on the tax community

After a year of many changes, this tax season looks very different. The AICPA wants to hear your feedback about this tax season so it can better support the profession.

February 1, 2021

Building good habits: Keeping up to date

Students’ future success will depend on learning routines for staying current with constantly changing tax laws, accounting standards, business practices, and technology.

February 1, 2021

E-signatures: What will 2021 bring?

To alleviate hardships caused by COVID-19, the IRS temporarily expanded the forms that can be filed with e-signatures, but future policy is uncertain.

January 1, 2021

AICPA focuses advocacy efforts on mobile workforce legislation

Congressional action could simplify the business landscape for interstate workforce models that have expanded sharply due to stay-at-home orders isssued to fight the COVID-19 pandemic.

December 17, 2020

The role of family CPAs in IRS tax controversies

This article focuses on the role of family CPAs in IRS collection matters.

December 1, 2020

Modernize and virtualize your tax practice: Part 1

The COVID-19 pandemic fast-tracked the need to invest in technology to accommodate clients and staff in the new remote-working environment.

November 1, 2020

Ethics and the tax preparer

The AICPA’s complimentary annual webcast on Tax Ethics answers questions on client confidentiality, tax practice quality control, conflicts of interest, records retention, and how
to address errors discovered on clients’ tax returns.

October 7, 2020

With Oct. 15 looming, some practitioners face daunting challenges

Tax practitioners have expressed concerns that they will not be able to meet upcoming Oct. 15 tax filing deadline for a variety of reasons related to the global pandemic.

October 1, 2020

Resolving IRS hardships with the Taxpayer Advocate Service

The Taxpayer Advocate Service can help practitioners when clients are suffering.

September 1, 2020

2020 tax software survey

COVID-19 upended tax season. Did CPAs’ tax software help them cope?

September 1, 2020

Tax practice issues in the age of COVID-19

CPAs are positioned to advise clients on fresh cybersecurity concerns, return filing date changes,
independent contractor status updates, PPP forgiveness determinations, and tentative NOL carrybacks.

September 1, 2020

2020 tax software survey: Shares of respondents and product and company information

Bonus: The percentages for all 13 products, including a breakdown of their usage among firms ranked by ranges of numbers of preparers, in the 2020 tax software survey.

August 27, 2020

Tools to help nonfilers receive economic impact payments

The IRS provided information and tools that tax practitioners can use to inform individuals who are eligible to receive economic impact payments but did not receive one automatically.

August 1, 2020

Professional responsibilities in the virtual age

As the COVID-19 pandemic forces firms to accelerate the adoption and overall use of virtual
communication tools, practitioners need to be aware that the foundational principles of ethics and best practices still apply when using these
technologies.

July 15, 2020

AICPA committee updates its conflict-of-interest advice

The Tax Practice Responsibilities Committee’s updated Guidelines on dealing with conflicts of
interest depend on rules found in the AICPA’s Code of Professional Conduct and Treasury Circular 230.

June 1, 2020

Helping young professionals build a foundation for success

Build up young professionals by encouraging continuing education, mentorships, and volunteering opportunities with professional and charitable organizations.

May 1, 2020

Promoting integrity in the classroom

Academic integrity of colleges and universities depends on developing and enforcing a comprehensive policy that sets a framework for responding judiciously and transparently to academic dishonesty, such as cheating and plagiarism.

April 1, 2020