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AICPA asks IRS to delay partnership audit regime
(Accounting Today) - The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking them to postpone the effective date of the centralized partnership audit regime for one year until the end of 2018.
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Association, CPA.com launch ‘Shark Tank’ for startups
(Journal of Accountancy) - The Association of International Certified Professional Accountants and CPA.com, the American Institute of CPAs’ technology subsidiary, announced Tuesday that they are launching an initiative to provide funding and support to early-stage companies developing innovative technologies for the accounting profession.
IRS Continues to Expand Taxpayer Services; Adds New Features to Taxpayers Online Account
(IRS) - WASHINGTON — The Internal Revenue Service announced today the addition of several new features to the online account tool first introduced late last year as part of the IRS’s commitment to improve and expand taxpayer services.
How to Prepare Your Firm for a New Generation
(CPA Practice Advisor) - For the past several years, accounting firms have faced a leaky bucket in terms of staffing.
How Are Commodities And Commodity Funds Taxed?
(Forbes) - Hold commodities in a taxable account? Plan on getting a stiff bill from either the IRS or your accountant.
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