New Podcast | 12-12-18

This week’s podcast focuses on the following items: Wisconsin passes its version of an optional pass-through tax to get around SALT limits, but with a twist Guidance released on Section 81(i) stock elections Taxpayer finds you still need some documentation to claim cellular phone expenses IRS fails to persuade Court that a taxpayer had changed […]

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AICPA Announces Scholarship for CPAs Seeking PhDs

By Sean McCabe The American Institute of CPAs announced on Tuesday that it will be launching a new scholarship program sponsored by the AICPA Foundation aimed at helping CPAs pursuing their PhDs. The $10,000 William (Bill) Ezzell Scholarship will be awarded to five accounting PhD candidates who “demonstrate significant potential to become mentors for the […]

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Foreign Tax Credit Proposed Regulations Issued | New Podcast 12-3-2018

This week’s podcast focuses on the following items: IRS releases the 163(j) interest deduction limitation proposed regulations Special real property election for infrastructure maintenance company Revenue Procedure released IRS memorandum describes what the IRS can question when an employer excludes meals from employee’s wages under §119 Foreign tax credit proposed regulations issued Automatic accounting method […]

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Free December PCPS Tool | Intentional Gratitude Actions

Taking simple steps to show gratitude to those in your firm is one of the best ways to increase motivation, good health, teamwork, personal knowledge and a strong firm culture. Use this resource, part of the PCPS 10 Initiatives for Employee Engagement toolkit, to foster a culture of gratitude in your firm. This tool is an example […]

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Anti-Clawback & §263A Negative Amount Regulations Issued| New Podcast 11-27-2018

This week’s podcast focuses on the following items: Proposed anti-clawback regulations issued Final §263A negative amount regulations issued §163(j) proposed regulations leave OIRA (finally), last step before publication You can listen to the podcast, view the video version, and read the corresponding notes. To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.

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Relief for victims of California wildfires; 2019 inflation adjustments | Podcast 11-19-2018

This week’s podcast focuses on the following items: IRS publishes 2019 inflation adjusted figures IRS notes increase in breaches of systems of tax return preparers in 2018 Filing and deposit date relief announced for victims of California wildfires IRS email discusses application of due diligence preparer penalties You can listen to the podcast, view the video version, and read […]

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2019-2021 New Members of the NC General Assembly

This resource provides a list of new members of the House and Senate of the NC General Assembly for the 2019-2021 term. If you are connected with any of the new members listed, or incumbent members of the NC General Assembly, please consider becoming a key contact to aid the Association’s advocacy efforts for the […]

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Free November PCPS Tool | Protecting Your Mobile Devices

The use of mobile devices such as smartphones and tablets has become a standard operating practice for most CPAs to access firm information and resources when they are away from the office. This edition of the PCPS IT Corner with Roman provides considerations for protecting your mobile devices to safeguard your firm’s information and network. […]

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