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May 30, 2013
Corporate Taxation Insider
  IN THIS ISSUE:   > Articles   > Correction   > Special Report   > News   > CPA News to Know   > Webcasts   > Video   Feedback  Contact Us  
CCH Integrator  Automate your tax provision process and support company growth. Free Webinar
Real estate investment trusts: The wave of the future?
By Stephen J. Ehrenberg, CPA
REITs flourish as investors look outside their traditional boundaries.
Seven tips to help nonprofits retain their tax-exempt status
By Dan Barnes, CPA
How to help nonprofit organizations comply with the law and grow.
Top questions to ask when implementing a tax solution
Sponsored by CCH, a part of Wolters Kluwer
Ask these top questions from our complimentary white paper to ensure you select the right corporate tax software for your company.
Web based subscription fees exempt in Virginia
Sponsored by Vertex Inc.
The Virginia Department of Taxation ruled that monthly subscription fees charged for access to a web-based portal via the internet are not subject to sales and use taxes.
  Tax Analysts  
IRS scandal will affect taxpayer and agent relationships, practitioners say
Sponsored by Tax Analysts
Practitioners meeting in Las Vegas agreed May 16 that fallout from the IRS's exempt organizations scandal will affect relationships between taxpayers and agents throughout the country.
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In the Jan. 31, 2013, issue, the article, "American Taxpayer Relief Act encourages hiring," indicated that a taxpayer cannot use the work opportunity tax credit to offset the alternative minimum tax. This is incorrect. The WOTC is a "specified credit" under Sec. 38(c)(4) and can be used to offset 100% of the AMT.
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You need to know FATCA, like we know FATCA.  Tax Analysts
Special Report
A conversation about tax reform
From the Journal of Accountancy
Three leaders share their thoughts on the directions, goals, and prospects for reform. Sponsored by Drake Software.
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Final rules require EIN updates
New regulations require any taxpayer that has been issued an EIN to provide updated information to the IRS in the manner and frequency required by the forms, instructions, or other appropriate guidance.
Schedule M-3 filing requirement reduced for entities below $50 million in assets
For tax years ending on or after Dec. 31, 2014, certain corporations and partnerships will be permitted to file Schedule M-1 in place of Parts II and III of Schedule M-3.
Final regulations for Sec. 336(e) elections are issued
New rules apply when an election under Sec. 336(e) is made to treat the sale, exchange, or distribution of a corporation's stock as a qualified stock disposition.
IRS will not seek taxpayer emails without a warrant
Under a new policy, the IRS will obtain a search warrant "in all cases when seeking ... the content of email communications stored by the ISP."
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New In The Store
  AICPA Not-for-Profit Industry Conference
June 20–21, Washington, D.C. A comprehensive forum that deals with the challenges facing nonprofit practitioners and financial executives today. You'll find out the latest information on the impact of tax, management, auditing, and accounting issues pertaining to NPOs. Also available online as a virtual conference.
  Don't Leave Money on the Table! Securing a Sustainable Research Tax Credit Claim
June 19, audio webcast. This fantastic learning opportunity will teach you how to advise your clients about their organization's research and development effort as it relates to taxes and their bottom line.
  Summit on Emerging Corporate Governance Trends for Lawyers and Accountants—Sponsored by the AICPA and the ABA
June 6–7, Chicago. This new conference, co-sponsored by the AICPA and the American Bar Association, offers legal, tax, and accounting perspectives on corporate governance issues.
Didn't find what you were looking for? Visit the AICPA Store
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AICPA Member Discount Program
  Wells Fargo Home Mortgage  
Close your purchase or eligible refinance loan and receive $200 in gift cards. Click here for details.
Double your AICPA member discount in May and June. Save 20% on incorporations, DBAs, Foreign Qualifications and more. Click here for details.
Save up to $25 on a Weekly or Weekend Rental on any car class. Reserve with PC# 113761. Valid through 12/31/13. Click here for details.
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Vertex  Are you at risk for a tax audit or penalty because of your returns process? Sales & Use Tax Returns Outsourcing is the answer.
Sponsored Links
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Tax Analysts' FATCA Expert
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Thomson Reuters Checkpoint
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Planning for a tax data warehouse.
Thomson Reuters Checkpoint  The right tools for your tough state & local tax jobs.
CPA News to Know
1 IRS gives details of operations on furlough dates
1 Oklahoma tornado victims get tax filing and payment extensions
1 President names new acting IRS commissioner
1 Acting IRS commissioner out in tea party scandal
1 IRS sends letters to taxpayers as it tries to close out inventory of Form 3520 processing issues
1 Tax reform: The crystal ball never lies
1 U.S., U.K., and Australia announce cooperative venture against tax evasion
1 Tax reform is centerpiece of CPAs' meetings on Capitol Hill
1 Supreme Court resolves circuit split on creditability of U.K. tax
Career Opportunity Spotlight
ERP/Tax Experts
Vertex Inc. Join the company that's reshaping the future of corporate tax
Upcoming AICPA Webcasts
  June 4 2013 Tax Planning With the New Tax Law—Avoiding Unintended Consequences
  June 4 Understanding the Statement on Standards for Valuation Services No. 1
  June 5 IT Audits & What to Pay Attention To
  June 18 Health Care Reform: What Employers and their CPAs Need to Know Now to Avoid Significant Penalties
    View webcast calendar
What's at stake: The CPA profession on federal fiscal responsibility
Greg Anton, CPA, CGMA, reviews the federal government's latest financial report and speaks with the co-chairs of the Congressional CPA and Accountants Caucus about the profession's role in promoting the importance of fiscal responsibility.

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