The AAA-CPA goes West in January and wants you to come along
Join us for the 2012 Western Regional Education Conference, Jan. 20-22, 2012, to be held at the Rancho Bernardo Inn Golf Resort and Spa in San Diego. This program will provide up to eight hours of CPE and CLE/MCLE on a 50-minute hour track and six and a half hours of CLE/MCLE on a 60-minute hour track. Both Attorney–CPA members and nonmembers are welcome to attend. We encourage you to bring your families and guests and enjoy all that the resort has to offer. The hotel is able to offer our group rate for two days pre and post should you wish to extend your time and make a vacation out of it! Click here for the full session descriptions and registration details.
Help us grow Facebook!
The AAA-CPA wants to grow its Facebook presence. Like us on Facebook by clicking here, and our 100th like will receive an American Express gift card. We will also do a drawing of all fans to receive the same! Spread the word!
AAA-CPA posts photos from Fall Meeting & Education Conference
Thank you to all who attended our recent Fall Meeting & Education Conference. It was a huge success and we look forward to many more. Please take a minute to click here and view some photos from the conference. Have photos you took that you'd like included? Please send those to email@example.com.
'Preparer Tax ID Number: Revisited and Up for Renewal' by Alan E. Weiner, CPA, JD, LL.M., Holtz Rubenstein Reminick LLP
Please click here to read an article written by member Alan Weiner and published on Dec. 1, 2011, in the Tax Stringer, an electronic publication of the New York State Society of Certified Public Accountants. Click on the article title: "Preparer Tax ID Number: Revisited and Up for Renewal" to get the full article.
IRS plans to ask Congress to expand tax levy power
Accounting Today Share
The Internal Revenue Service is preparing a legislative proposal for Congress to expand its tax levy authority to include additional income sources, such as rental income and nonemployee compensation. A new government report from the Treasury Inspector General for Tax Administration found that IRS revenue officers took the appropriate actions when issuing levies to collect unpaid taxes, but they still face challenges and delays in bringing taxpayers into compliance. More
Congress set to end 2011 with face-off over payroll tax
Los Angeles Times Share
After spending the year lurching from one moment of brinkmanship to the next and watching their popularity plummet, members of Congress are poised to close out 2011 with one last showdown — over whether to extend a payroll tax break for 160 million U.S. workers. President Barack Obama has made a top priority of keeping the tax cut, which is set to expire Dec. 31. Democrats also think they will gain political traction the longer Republicans hold up a deal that puts about $1,000 a year in the average American paycheck. More
California governor warns of cuts if tax plan fails
Gov. Jerry Brown warned of additional automatic cuts if voters reject his tax initiative next fall, offering Californians a stark choice between higher taxes and deeper cuts to schools, universities and public safety. Brown's spokesman, Gil Duran, posted on Twitter a quote from the governor that said, "If taxes don't pass, there will be a hole that will trigger further cuts." More
SEC sends Wells Notice to Harbinger Capital
The enforcement division of the Securities and Exchange Commission is recommending the agency take action against Philip Falcone and his hedge fund, Harbinger Capital, according to a regulatory filing. The hedge fund and its founder received a Wells Notice from the SEC, which indicates that SEC investigators are recommending a lawsuit alleging a violation of federal securities laws. The Commission has not said whether it will pursue an action against Harbinger. More
GOP rivals agree on one point: Cut taxes
The Associated Press via CBS News Share
Republican presidential hopefuls called for cuts in taxes and government regulations in a recent campaign debate, agreeing they must attack unemployment and revitalize an anemic economy that is the overwhelming issue in the 2012 race for the White House. Alone among the six contenders on stage, former Massachusetts Gov. Mitt Romney ventured a prediction about job creation, saying his plan would translate into 11.5 million jobs in four years. More
Are New York's rich getting a tax cut or a tax increase?
The Ithaca Journal Share
New Yorkers who earn more than $300,000 a year will pay less in income taxes next year, based on the changes in income-tax policy approved by the Legislature in a special session this week. But if Gov. Andrew Cuomo had brokered this deal a month from now, the opposite would be true. More