Based on the AICPA Competency Framework: Tax and Personal Financial Planning, these learning resources - primarily focused on US tax - are designed to help CPAs understand the knowledge and skills necessary to address the needs of their clients and firms.
Take a knowledge check to evaluate your proficiencies and find related learning resources.Get started
This sweeping new standard for revenue recognition has many important tax considerations. This article explains those considerations.
This item highlights the accounting period rules and the guidance for changing an accounting period for the most common types of entities.
This article discusses how audits of net operating losses and other carryforwards can reach back past the otherwise applicable statute of limitation.
This item discusses the interplay between Public Law 86-272 and the federal treatment of computer software. treatment of computer software, as well as two states’...
This article discusses the concept of domicile which can protect taxpayers who have residences in more than one state.
This article discusses the rules governing the effects of lapses and restrictions on voting or liquidation rights of owners on the valuation of family-held entities.
This article discusses Tax Policy Concept Statement No. 1, Guiding Principles of Good Tax Policy: A Framework for Evaluating Tax Proposals (TPCS-1) which is intended...
This item explores what happens if the residence is sold during the QPRT term.
This article provides insight on why a married couple's interest in their retirement plan was not considered an asset for purposes of the COD insolvency test.
The Tax Court’s decision in Estate of Bartell alleviates uncertainty about structuring a reverse like-kind exchange intended to qualify for nonrecognition treatment.
This article discusses the IRS approach to cryptocurrency.