IRS provides guidance on return preparer liability
The IRS released guidance regarding IRC Section 7216 confidentiality regulations. These regulations enable tax return preparers to more effectively provide a range of services that taxpayers would ordinarily expect from tax return preparers.
Significant FIN 48 development
The IRS recently proposed Form 1120 tax return disclosure of information. It will affect footnote disclosures required by ASC 740-10-50-15 (a) - (e) [FIN 48 paragraphs 20-21]. To respond to this announcement, please comment by March 29.
2009 CPA exam pass rates
Curious to see if the pass rates have improved over the years? Check out the latest exam pass rates for 2009.