AICPA

The American Institute of CPAs sent the leaders of Congress’s tax committees a set of fixes to the TCJA.

The American Institute of CPAs is sending an urgent request to the Internal Revenue Service and the Treasury Department, asking for “immediate guidance” on the definition of the term “qualified business income” for pass-through entities under the new tax law.

American Institute of CPAs president and CEO Barry Melancon discussed how the AICPA pushed for changes in the new tax law, with mixed success, during a speech at an Accountants Club of America meeting in New York on Wednesday.

The test-makers are working to keep it responsive to the needs of candidates, employers and the profession. AICPA vice president of exams Mike Decker explains how.

The American Institute of CPAs is asking the Internal Revenue Service to provide relief from tax penalties to taxpayers who are required for the first time to file information returns related to Controlled Foreign Corporations.

The Committee of Sponsoring Organizations of the Treadway Commission, in collaboration with the World Business Council for Sustainable Development, released draft guidance Wednesday for applying COSO’s enterprise risk management framework to environmental, social and governance risks.

The National Association of State Boards of Accountancy and the American Institute of CPAs have released the eighth edition of the Uniform Accountancy Act, with some important changes, particularly related to “retired accountants” and continuing professional education.

Over 100 grants worth approximately $620K will be available to undergraduate and graduate students for the 2018-19 academic year.

Paul Sobel, vice president and chief audit executive of the paper manufacturer Georgia-Pacific, has been appointed chairman of the Committee of Sponsoring Organizations of the Treadway Commission, or COSO, for a three-year term starting Thursday.

The American Institute of CPAs is asking Congress, the Internal Revenue Service and the Treasury Department for more guidance on the new Tax Cuts and Jobs Act, along with a dedicated service unit for tax practitioners.