This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit July 02, 2014

Home   Membership   Calendar   Foundation   Join Today   Job Board    

 
Please note that the AAA-CPA national office will be closed this coming Friday in observance of the 4th of July holiday.


AAA-CPA NEWS


New Member Benefit: 15 Percent Off All American Bar Association Books Every Day
AAA-CPA
The AAA-CPA is excited to announce a new benefit to all of our members. Starting immediately, you save 15 percent off the general public price on every book available on the American Bar Association Web store, ShopABA.org. Simply use our special AAA-CPA discount code AAACPA when checking out. Plus, for every dollar you spend, the AAA-CPA also receives a royalty payment from the ABA. Your purchases help support our important works. Don't delay! To start saving 15 percent on your ABA book purchases, do the following.
  1. Visit ShopABA.org and use our special discount code AAACPA.
  2. Call 1-800-285-2221 between 8:30 a.m.-6 p.m. and use our special discount code AAACPA.

Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article




INDUSTRY NEWS


The Case for Corporate Tax Reform
Forbes
As our nation faces serious economic challenges, one of the few policy goals that unite all sides in American politics is the urgent need for economic growth. Enthusiasm for grand bargains ebbs and flows, but all sides understand that private sector job growth is a key part of what it will take to prevent the collapse of the safety net, reduce unsustainable debt and deficits and end the dreary era of wage stagnation.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Offshore Tax Crackdown Opens With 30 Percent Penalties for Banks
Bloomberg
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad through a law that is making it harder to hide assets from the tax collector. The U.S. government will start imposing 30 percent taxes on many overseas payments to financial institutions that don't share information with the IRS.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Andy Friedman: Why Tax Reform's Not Happening Anytime Soon
ThinkAdvisor
The late economist Milton Friedman argued that only a crisis produces real change — that things that are politically impossible become politically inevitable only at watershed moments. According to political analyst Andy Friedman of The Washington Update, tax reform, however much favored and seen as necessary by policy advocates and ordinary Americans, remains far from inevitable.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
New Member Benefit: 15 Percent Off All American Bar Association Books Every Day
AAA-CPA
The AAA-CPA is excited to announce a new benefit to all of our members. Starting immediately, you save 15 percent off the general public price on every book available on the American Bar Association Web store, ShopABA.org.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
House Votes to Give Small Business Quicker Tax Write-offs
Bloomberg
Small businesses would be able to write off capital purchases more quickly under a $73.1 billion tax reduction passed by the U.S. House of Representatives. The House voted 272-144 to revive the provision that lapsed at the end of 2013. The new measure would have no expiration date.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
Corporate Tax Rate Driving American Companies Overseas
Moneynews
The was a time when the U.S. was No. 1 in numerous economic categories. Unfortunately, we have traded our swagger in indicators that make us stronger for a tax code that makes us weaker: American companies face the highest statutory corporate income tax rate in the world — 39.1 percent.

Share on FacebookTwitterShare on LinkedinE-mail article
read more


IRS Announces New Tax Preparer Program to Mixed Reactions
Forbes
There will be a tax preparer certification program after all. That was the word from Internal Revenue Service Commissioner John Koskinen. If you're scratching your head after Loving v. Commissioner and wondering how that's possible, here's your answer: The program will be voluntary.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Puerto Rico Paradise Lures Rich Fleeing Taxes
Bloomberg
It's 2 a.m. at La Factoria in Old San Juan, Puerto Rico, a hipster joint with a sagging couch, tile floors and Christmas lights that wouldn't be out of place in Brooklyn, New York. While "Get Lucky" plays, tipsy couples slink out the doors onto the colonial city's cobblestone streets.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Russian Lawmakers Approve Bill Allowing Compliance With US Tax Law
Reuters
Russia's upper house of parliament approved legislation allowing banks to share information about their foreign clients with overseas tax officials, a move that will enable banks to comply with a new U.S. tax law. Nearly 70 countries have negotiated pacts with U.S. Treasury officials that allow their firms to comply with the new rules while preserving national privacy laws, but talks with Russia broke off earlier this year because of the Ukraine crisis.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Corporate Tax Rate Driving American Companies Overseas (Moneynews)
US Taxes Have Changed a Lot Since 1929 (Forbes)
IRS Eases Offshore Voluntary Disclosure Program for Nonwillful Tax Evasion (Accounting Today)
Do Subsidies and Tax Breaks Really Help Create Jobs? (CBS MoneyWatch)

Don't be left behind. Click here to see what else you missed.


CALENDAR
June 26
Updates and Developments in New York State Residency Audits

June 29
Pre-Annual Meeting Events

July 2
AAA-CPA Annual Meeting and Education Conference

July 10
Section 1031 Exchanges of Investment Properties

July 24
Planning for Long Term Care in New York

Aug. 5
Members Only Study Group: Partnership Withholding for Nonresident Partners

Aug. 15
Civil and Criminal Tax Controversy Updates for 2014

Aug. 19
Members Only Study Group: Working With the Medicare Surtax on Net Investment Income — What Have We Seen?

Aug. 22
Estate Planning Legal Issues for an Aging Middle America

Sept. 4
Members Only Study Group: S Corp Update

Sept. 11
Tax Withholding/Reporting Requirements for U.S. Companies Hiring Foreign Vendors

Sept. 18
Members Only Study Group: 1031 Exchanges Are Back: Update on Trends in 2014

Sept. 19
Healthcare — Reform by the Numbers

Oct. 20
National Estate Planning Awareness Week

Nov. 4
AAA-CPA Fall Meeting and Education Conference


 



The AAA-CPA Weekly Update

Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Katina Smallwood, Content Editor, 469.420.2675   
Contribute news


This edition of the The AAA-CPA Weekly Update was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here -- it's free!

Recent issues

June 25, 2014
June 18, 2014
June 11, 2014
June 4, 2014






7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063