Working with cognitively impaired taxpayers
CPAs can take proactive steps to assist cognitively impaired clients in managing estate assets and tax responsibilities.
Practice Management & Professional Standards
Automating indirect state and local tax compliance process
Companies should design and adopt a well-organized systematic approach that can identify candidates ripe for automation to streamline the indirect compliance process.
2021 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 2021 tax software survey.
2021 tax software survey
Our annual survey shows how CPAs rate the tax preparation software they used during this year’s tax season and how it handled retroactive tax law changes that happened during the season.
Practitioners’ role in the continuing evolution of Circular 230
Practitioners and the organizations they are involved with can participate in facilitating the ongoing applicability and effectiveness of Circular 230.
Correlating culture with retention in small accounting firms
Defining a practice’s culture and values early can help retain staff and avert a crisis.
Risk mitigation best practices
CPAs can limit liability risks by carefully drafting engagement letters, avoiding giving informal advice, fully vetting new clients, assessing the firm’s competence to handle clients’ issues, and maintaining appropriate data security practices.
Academic research for your practice consideration
Recent tax research papers focus on interactions practitioners have with clients on contentious issues; how state regulations affect the quality of preparers; the effect of addback statutes on corporate innovation; and how to mitigate the effect of the new GILTI.
A conversation on future-proofing CPA firms
The experts on the AICPA Tax Practice Management Committee discuss the technology updates that helped their firms endure through COVID-19 and beyond.
Your federal tax privilege checklist
Tax practitioners can rely on several doctrines to preserve the confidentiality of client communications, but they must follow appropriate procedures and provide clear documentation to protect the privilege in IRS exams or legal proceedings.
Small firm lessons from the pandemic
Small firms improvise to maintain productivity while keeping employees and clients safe from COVID-19.
Practical highlights of recent tax research
This article looks at recent academic research of interest to tax practitioners.
Modernize and virtualize your tax practice: Part 2
The shift to a more virtual business environment has been accelerated by the COVID-19 pandemic. Firms must be mindful of this evolving business model as they explore new methods for building up client relationships.
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.
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.
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.
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.
The role of family CPAs in IRS tax controversies
This article focuses on the role of family CPAs in IRS collection matters.
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.
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.
