The AAA-CPA gains access to the New York Stock Exchange
Witness firsthand the happenings on the floor of the New York Stock Exchange (NYSE). As a precursor to the 2011 Fall Meeting & Education Conference to be held in New York City Nov. 2-6, 2011, the AAA-CPA will have an exclusive opportunity to go in the NYSE, and see the trading in full action and the ringing of the closing bell. We will start the afternoon with a guided tour of New York City as we transport you from the front door of the hotel to the financial district in lower Manhattan. Along the drive, enjoy seeing famous sites, marvel at the grand architecture of the city, listen to riveting stories about the birth of the stock market and its rise to power, the biggest stock market crashes and their impact on Wall Street's history, and the fascinating stories of the resiliency and pride of Americans and financiers who pulled the U.S. through these tough times. This tour is only available to registrants of the 2011 Fall Meeting & Education Conference, so register today and join us for this special exclusive event. Register today by clicking here.
30 percent discount on US Master Tax Guide® extended through Sept. 30!
Don't miss your chance to lock in your special savings! Click here to see the special 40 percent discounts for September.
The Attorney-CPA Foundation to participate in Washington, DC area Give to the Max Day
The Attorney-CPA Foundation will be part of an upcoming program on Nov. 9th entitled: Give to the Max Day. This event is being organized for Washington, D.C., area non-profits to assist in raising more funds due to the latest issues with the economy. We hope that you will help us in continuing to raise funds for our Education programming and Scholarships. All money collected will be split evenly between the two endeavors. Donations will be accepted between now and Nov. 9. To "Give to the Max", please click here. For more information on Give to the Max Day, please visit http://give2max.razoo.com/.
H&R block pulls plug on tax-refund loans
H&R Block Inc., the biggest preparer of U.S. tax returns, won't offer loans tied to the size of customers' refunds. H&R Block first halted so-called refund-anticipation loans last year after regulators told the bank that provided financing to stop. More
IRS schedules first tax preparer exams for October
Accounting Today Share
The Internal Revenue Service said the competency exam for Registered Tax Return Preparers will be available starting in October. For those tax preparers who plan to take the exam in the next few months, the forms and publications they should study are from tax year 2010, the IRS noted in an email to tax professionals. More
IRS offers filing and penalty relief for 2010 estates
The United States Internal Revenue Service (IRS) has announced that large estates of people who died in 2010 will have until early next year to file various required returns and pay any estate taxes due, and that it is providing penalty relief to certain beneficiaries of these estates on their 2010 federal income tax returns. This relief is designed to give large estates, normally those over $5 million, more time to comply with key tax law changes enacted late last year. Revised versions of the estate tax forms are now available on the IRS website, and the carryover basis form will be released in the autumn. More
Obama unveils deficit reduction plan, 'Buffett Rule' tax on millionaires
The Huffington Post Share
President Barack Obama will propose $1.5 trillion in new taxes as part of a plan to identify more than $3 trillion in long-term deficit reduction and slow the nation's escalating national debt. Obama's tax plan is aimed predominantly at the wealthy and draws sharp contrasts with congressional Republicans. More
Fight brewing over US offshore profit taxation
Chicago Tribune Share
Large U.S. corporations are pressuring Congress and the White House to exempt overseas corporate profits from taxes; a policy shift that critics say would hurt the economy and increase the federal deficit. A fight is shaping up between supporters of territorial taxation, as this policy proposal is known, and opponents who favor a different reform - repealing a tax law that allows corporations to defer paying taxes on their overseas income. More
US Senate panel keeps budget boosts for SEC, CFTC
U.S. securities and futures regulators will see large budget increases to help them implement sweeping new financial regulations under a bill approved by the Senate Appropriations Committee. The plan, which will now go to the full U.S. Senate for a vote, would give the Securities and Exchange Commission a fiscal 2012 budget of $1.407 billion, an increase of roughly 19 percent from its current fiscal 2011 budget of $1.185 billion. More