http://www.aicpa.org/PUBLICATIONS/TAXADVISER The American Institute of Certified Public Accountants is the national, professional organization for all Certified Public Accountants. Its mission is to provide members with the resources, information, and leadership that enable them to provide valuable services in the highest professional manner to benefit the public as well as employers and clients. http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/_jX575KUf4A/20130517.aspx Fri, 17 May 2013 11:54:00 GMT e9216d8c-28e3-459f-831a-7b753d0f9a29 The IRS plans over the next few months to send out letters to taxpayers as it attempts to close out outstanding inquiries/correspondence involving Form 3520 prior processing issues. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130517.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/suNP7QxraHw/20130516-2.aspx Fri, 17 May 2013 07:23:02 GMT 5414a079-eeca-40f1-a71c-824a8d606f38 President Barack Obama on Thursday named Daniel Werfel acting commissioner of the IRS. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130516-2.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/zkgNRnjVThQ/20130516.aspx Thu, 16 May 2013 12:11:43 GMT 9d1f851d-0fa2-4fdb-91ce-300d85f6a544 The IRS issued a news release detailing how shutting down on furlough dates will affect operations. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130516.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/qhDWAm91j-U/20130515.aspx Wed, 15 May 2013 19:47:07 GMT 50f064c3-3006-4206-a047-6f1506a8d818 President Barack Obama announced the departure of Acting IRS Commissioner Steven Miller as a result of the ongoing scandal surrounding the IRS’s controversial methods for determining which organizations applying for Sec. 501(c)(4) status warrant further review. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130515.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/nqNFhRcGios/20130514.aspx Wed, 15 May 2013 07:23:26 GMT 6651ea30-996a-4381-87e0-94d07603d1e4 Attorney General Eric Holder announced that the Justice Department has opened a criminal probe of the IRS and its reported scrutiny of tax-exemption requests by groups with the words “tea party” or “patriot” in their names. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130514.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/guiQuj9NN3c/20130513.aspx Tue, 14 May 2013 06:00:10 GMT 753bd9dc-8ee1-487a-9df8-065bdba2f7bb The IRS issued final regulations on the rules that apply when an election under Sec. 336(e) is made. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130513.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/rVwFmc4qb5E/20130510.aspx Tue, 14 May 2013 05:55:03 GMT 37d6bd46-cecd-4a6f-a90a-7e4eab78b775 The IRS announced changes in the filing requirements for Schedule M-3, Net Income (Loss) Reconciliation, for certain corporations and partnerships. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130510.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/0xrBUdohhg8/20130509.aspx Fri, 10 May 2013 11:03:34 GMT 0078a028-5830-47fb-bf26-8e68e7f5ce91 The U.S., Australia, and the U.K. have obtained information about a large number of trusts and companies holding assets on behalf of residents throughout the world and plan to share that information with other countries’ tax authorities. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130509.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/GgqP05gpg0Y/20130508.aspx Thu, 09 May 2013 05:54:01 GMT c2cdb234-a931-491d-99f7-7f0b0f383d5c The IRS announced a new policy regarding how it will request emails from internet service providers. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130508.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/wdidRjGa_W4/20130506.aspx Tue, 07 May 2013 09:24:26 GMT 67a858fe-0f4c-48f3-b3f1-ab3600b70ab0 The IRS issued final regulations extending from 60 days to 120 days the permitted period for submission of taxpayer authorizations allowing disclosure of returns and return information to third-party designees. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130506.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/OSgjrjovJNo/20130503-3.aspx Fri, 03 May 2013 12:51:57 GMT 38b2aac3-4cd1-4b7d-903d-9e85814f27c8 The IRS issued final regulations requiring taxpayers that obtain EINs to update their information with the IRS. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130503-3.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/eMcxy5cavY8/20130503-2.aspx Fri, 03 May 2013 12:45:30 GMT 45aae4ea-c550-4ff8-9c5f-f4b2efc71583 More than 10,000 taxpayers showed signs of having avoided offshore penalties by making “quiet disclosures” of foreign bank accounts for tax years 2003 through 2008, the GAO reported. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130503-2.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/UsUmg534vyo/20130503-1.aspx Fri, 03 May 2013 07:26:10 GMT 735924a6-13f6-440a-9456-1936d47afce3 An IRS Oversight Board hearing explored ways to combat fraud and improve tax administration. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130503-1.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/29DR8OARo7Q/20130502-2.aspx Fri, 03 May 2013 07:21:12 GMT c2597a2f-393b-4aba-bd51-07ef049a2f97 The IRS issued the inflation-adjusted figures for the annual contribution limitation for HSAs and the minimum deductible amounts and maximum out-of-pocket expense amounts for high-deductible health plans for calendar year 2014. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130502-2.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/KrmgQSLi0kU/20130502-1.aspx Fri, 03 May 2013 07:17:18 GMT 1de7c5bc-2516-4a43-a66c-1b183fac4a4c The IRS listed 288 places as having allowable foreign housing exclusions above the otherwise applicable limitation for 2013 of $29,280. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130502-1.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/iUq45okLsls/20130501.aspx Thu, 02 May 2013 07:36:44 GMT b45e996e-f286-4c8d-ab98-109263605155 The IRS issued proposed regulations for determining whether an eligible employer-sponsored health plan provides minimum value for purposes of the Sec. 36B health insurance premium tax credit. http://www.aicpa.org/InterestAreas/Tax/NewsAndPublications/taxnews/Pages/20130501.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/AU7GazAahMo/NewsNotes_May2013-story-05.aspx Tue, 30 Apr 2013 11:10:20 GMT 4fb38c14-4ab5-44ae-9422-2a9881b7fdbb A new book offers the principles of the Sid Kess “approach”—rules for pursuing a more successful career, more satisfying relationships, and a happier life. http://www.aicpa.org/Publications/TaxAdviser/2013/May/Pages/NewsNotes_May2013-story-05.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/0xK64LySwqg/TPR_May2013.aspx Tue, 30 Apr 2013 11:10:16 GMT f13814c1-dcdc-4c31-b444-b24cdbcde320 This column touches on the benefits and opportunities social media provides to today’s CPAs and the importance of controlling or limiting the use of the new technology. http://www.aicpa.org/Publications/TaxAdviser/2013/May/Pages/TPR_May2013.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/37fUU7OAq74/TaxTrends_May2013-story-01.aspx Tue, 30 Apr 2013 11:10:13 GMT 2edbe87d-e793-46cb-ab8c-be92136238fa The Tax Court upheld the IRS’s determination that a taxpayer’s tithing payments to his church were conditional expenses for purposes of determining the amount of the taxpayer’s monthly payments under a partial payment installment agreement. http://www.aicpa.org/Publications/TaxAdviser/2013/May/Pages/TaxTrends_May2013-story-01.aspx http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/ejB6Le5u0oA/TaxTrends_May2013-story-02.aspx Tue, 30 Apr 2013 11:10:09 GMT cd012f74-774d-4d97-aa7e-15bb9798cb56 The Second Circuit held that the filing of fraudulent tax returns for a corporation by an accountant to embezzle money that was owed to the IRS was an intentional evasion of taxes that tolled the statute of limitation on assessment. http://www.aicpa.org/Publications/TaxAdviser/2013/May/Pages/TaxTrends_May2013-story-02.aspx