Please note that the AAA-CPA national office will be closed this coming Friday in observance of the 4th of July holiday.
New Member Benefit: 15 Percent Off All American Bar Association Books Every Day
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.
Visit ShopABA.org and use our special discount code AAACPA.
- Call 1-800-285-2221 between 8:30 a.m.-6 p.m. and use our special discount code AAACPA.
The Case for Corporate Tax Reform
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.
Offshore Tax Crackdown Opens With 30 Percent Penalties for Banks
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.
Andy Friedman: Why Tax Reform's Not Happening Anytime Soon
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.
IRS Announces New Tax Preparer Program to Mixed Reactions
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.
Puerto Rico Paradise Lures Rich Fleeing Taxes
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.
Russian Lawmakers Approve Bill Allowing Compliance With US Tax Law
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.
Missed last week's issue? See which articles your colleagues read most.
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