- Journal of Accountancy
- ITR Direct Tax
- ITR Indirect Tax
- ITR Transfer Pricing
NASBA, AICPA release proposed revisions to CPE standards
Comments are being accepted through mid-December on changes designed to address emerging learning methods and clarify CPE-awarding mechanisms.
Private equity and peer review: Proposed change targets consistency
The AICPA’s Peer Review Board is seeking public comment through Oct. 25 on a proposal that would involve the AICPA’s National Peer Review Committee in administration of peer reviews of firms backed by private equity investments and other alternative practice structures.
PEEC releases guidance on attest client association, simultaneous employment
The Professional Ethics Executive Committee guidance in the AICPA Code of Professional Conduct adds a new interpretation that includes a reporting requirement triggered by a member’s intent to accept an attest client’s offer of employment.
IRS finalizes regulations for Roth catch-up contributions under SECURE 2.0
The final regulations are similar to the proposed regulations issued in January, with some changes that the IRS said were made in response to comments.
PEEC seeks feedback on guidance for providing tax services to attest clients
An exposure draft addresses potential threats to independence when members perform tax advisory and tax planning services. The comment deadline is Dec. 15
IRS finalizes regulations for Roth catch-up contributions under SECURE 2.0
The final regulations are similar to the proposed regulations issued in January, with some changes that the IRS said were made in response to comments.
IRS releases draft form for tip, overtime, car loan, and senior deductions
The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four temporary deductions for tips, overtime, car loan interest, and seniors that are allowed under H.R. 1.
IRS warns taxpayers: Social media advice can lead to costly penalties
Misleading posts about credits like the fuel tax credit are landing taxpayers in trouble — with fines up to $5,000 for frivolous returns.
Global tax deal could hurt US companies, says letter requesting OECD guidance
A letter from the Association of International Certified Professional Accountants addresses guidance and recommendations on the Pillar Two framework co-existing with U.S. tax rules for U.S. multinational enterprises in a side-by-side system to the OECD.
Treasury posts preliminary list of jobs eligible for no tax on tips
The list has a variety of occupations that customarily receive tips, including bartenders, dancers, and digital creators.
Italy clarifies VAT treatment of TP adjustments
Federico Vincenti and Carola Valente of Valente Associati GEB Partners/Crowe Valente examine an Italian ruling and a CJEU judgment addressing when transfer pricing adjustments fall within VAT scope and the conditions for compliance
Multilateral APAs in the UK and Netherlands: a history
KPMG UK’s Graeme Webster and KPMG Meijburg & Co’s Eduard Sporken outline the 20-year evolution of MAPAs, with DEMPE analyses becoming more prevalent and MAPA requirements growing stricter
TP costs rocket for MNEs, report reveals
Only 2% of in-house survey respondents said they were ‘heavy’ users of AI for TP, Aibidia’s report also found
ITR Middle East Tax Awards 2025: shortlist announced
ITR is delighted to reveal the first shortlisted nominees for the Middle East Tax Awards
‘Still volatile’: US tax director reveals tariff impact on clients
US President Donald Trump’s tariffs may get thrown out by courts in the future and taxpayers should already be planning for that possibility, BDO’s Dustin Stamper tells ITR