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Home   Membership   Calendar   Foundation   Links   Job Board Aug. 3, 2011


The AAA-CPA takes Manhattan
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Join us Nov. 2-6, 2011, in New York City for the 2011 Fall Meeting & Education Conference. Here the latest from high ranking officials at the Internal Revenue Service:

  • Beth Tucker, Deputy Commissioner Deputy Commissioner, Internal Revenue Service Deputy Commissioner Tucker will discuss how the IRS is strengthening its partnership with tax professionals to respond to today's challenges. She will touch on several of the new initiatives the IRS is facing as well as the challenges, including workforce issues and enhanced technology. She will share how the IRS is helping taxpayers meet their responsibilities during economic hardship, and the continuing need to promote fairness in the tax system by employing enforcement tools when appropriate.

  • Nina Olson, National Taxpayer Advocate, Internal Revenue Service In her 2010 Annual Report to Congress, the National Taxpayer Advocate identified three major challenges for the IRS over the next 10 years: the overwhelming complexity of the Internal Revenue Code, the delivery of social and economic program delivery into an IRS revenue collection structure, and the movement toward greater automation at the expense of personal interaction with taxpayers.

    Study Group Reminder
    AAA-CPA    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    A FRIENDLY reminder that all study groups are for members only and one of the larger benefits of membership with the AAA-CPA. Throughout the year there will be a few groups that will be open to non-members at a separate pricing structure. In addition, this fall we will be debuting a new portal in which non-members may download and listen to all of our past study groups. We appreciate your assistance.

    Jo Ann Koontz named panelist for Women in Business Program
    AAA-CPA    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    Yesner & Boss Attorney Will be a Panelist at Sarasota, Fla., Women in the Workforce Event

    Attorney and Certified Public Accountant Jo Ann M. Koontz of the Yesner & Boss law firm will be a panelist at the 4th Annual Women in Business Program, Wednesday, Aug. 17, at Gold Coast Eagle Distributing, 7051 Wireless Court in Sarasota.

    Koontz joins three other prominent local business women to discuss entrepreneurship, career management, workplace challenges and other topics concerning women in the workforce. The other panelists are Stephania Feltz, executive director of Girls Inc. of Sarasota County, Amy Wick Mavis, executive director of PACE Center for Girls Inc. of Manatee County, and Courtney Wise, executive director of Take Care Advisor LLC.

    The program is being sponsored by WebEquity Solutions, the Risk Management Association (RMA) and Take Care Private Duty Home Health Care. Networking begins at 5:30 p.m. The program runs from 6 to 7:30 p.m. The cost is $10 prepaid and $15 at the door, and includes appetizers and drinks. Please RSVP to or by calling Scott Parizo at (941) 951-3207. Prepay through PayPal at

    Yesner & Boss maintains offices in Sarasota, Tampa, St. Petersburg and Boynton Beach. The firm focuses on residential and commercial real estate closings, real estate litigation, foreclosure defense and short sales. It also offers a full range of legal practice, including tax work, civil litigation, bankruptcies, business law, family law, personal injury, and wills, trusts and probate. The Sarasota office is located at 1819 Main St., Suite 215, Sarasota, Fla. 34236. Koontz can be reached at (941) 362-0050 or

    Davidoff and Tenenbaum to speak at IRS and New York State Collections Conference
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    AAA-CPA Past President E. Martin Davidoff, Esq., CPA and member Karen Tenenbaum, Esq. CPA are scheduled to speak at the Aug. 29th IRS and New York State Collections Conference being held at Long Island University, New York. Click here for more information.

    Dynasty trusts let US wealthy duck estate, gift taxes forever
    Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    Jeffrey Thomasson, 52, may pass on more than $100 million to heirs using an estate-planning strategy for avoiding gift and estate taxes. Thomasson, who lives in Indianapolis, said he's funding a so-called dynasty trust set up in Delaware with $8 million of equity from the expanding financial advisory business he owns, Oxford Financial Group. Putting the assets in a trust, which he figures could be worth more than $100 million by the time he dies, means the money should go to his heirs without triggering federal gift, estate or generation-skipping transfer taxes. More

    IRS asks airlines to refund taxes
    MSN Money    Share    Share on FacebookTwitterShare on LinkedinE-mail
    Oh, what a tangled web Congress weaves when it can't find a way to get things done. Because Congress has let funding lapse for the FAA, it now can't collect airline ticket taxes. Thus, travelers who bought a ticket for travel on or after July 23, and already paid the taxes are entitled to a tax refund, according to the IRS. More

    SEC re-proposes new requirements for asset-backed securities
    Investment Executive    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    The U.S. Securities and Exchange Commission is re-proposing some rules requiring greater accountability and enhanced quality around the issuance of asset-backed securities. The SEC initially proposed rules in April 2010 to significantly revise the regulatory regime for asset-backed securities. Since then, sweeping regulatory reform in the form of the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law, and it also addressed some of the same concerns about ABS. As a result of the new law, and comments received from the public on the original proposals, the SEC has re-evaluated its initial proposals. More

    IRS eases liability rule for spouses tax debt
    The Associated Press via Chesterton Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    The Internal Revenue Service is making it easier for some "innocent spouses" to escape responsibility for the tax debt of their husband or wife. Under the law, taxpayers who file joint returns are generally liable for the tax debts of their partners. However, spouses may qualify for relief if they didn't know their partner was cheating on their taxes, or didn't participate in the scam. More

    Political will for corporate tax reform reaching critical mass
    US News & World Report via Yahoo News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    At first glance, corporate tax reform looks like a sure bet, with broad bipartisan backing, not to mention the support of America's powerful business community. What good it would do, however, is an entirely different question. Nearly all parties to the debate agree that something needs to be done, and political will may have reached critical mass in Washington. More

    Elder Care Specialists: A Missed Opportunity
    The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    We face a shortage of all kinds of health care professionals with expertise in treating older patients: geriatricians, nurse-practitioners, social workers, geriatric psychiatrists. Well, scratch that — we already have such a shortage, as a report from the Institute of Medicine made clear back in 2008. Indeed, most counties in the United States have no geriatricians practicing within their borders. More

    Aug. 18, 2011
    Members Only Study Group: Conversions

    Aug. 25, 2011
    Members Only Study Group: What Really is Asset Protection?

    Sept. 13, 2011
    Members Only Study Group: Quarterly Update on S Corporations

    Sept. 22, 2011
    Members Only Study Group: Basic vs Advanced Planning in Elder Law

    The Attorney-CPA Weekly Update
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