AICPA Provides Tax Reform Principles to White House Panel

Barry Melancon, president and CEO of the American Institute of Certified Public Accountants, testifying before the President’s Economic Recovery Advisory Board at the White House October 16, called for comprehensive tax reform and revisions to the alternative minimum tax and estate and gift tax rules. “The dynamic American economy is rebounding slowly and, we believe, … Continue reading

Tax Preparer Registration May Not Be the Answer

Internal Revenue Commissioner Doug Shulman announced on June 4, 2009, in congressional testimony before the House Ways and Means Oversight Committee that the IRS plans to make recommendations by the end of the year to ensure that tax preparers adhere to high ethical standards. At the hearing on the tax filing season and 2010 IRS … Continue reading