Top 10 Tax Resources (for the 2012 Tax Season)
Finding time to do anything during tax season is tough. Emails pile up, as does almost everything else, right? So save a little time this year by using some of the resources compiled by AICPA staff. And if you like free, you’ll like this list as most of the resources listed below will not cost you a dime.
- Hidden treasures on IRS.gov: No more hunting--this page offers links for filing 1040s that were hand-picked by the AICPA’s Individual Taxation Technical Resource Panel.
- Access a range of useful tools on the Journal of Accountancy’s Tax Filing Season Resources page.
- Network with other CPAs and get tips on return preparation in this LinkedIn group (AICPA members only).
- Estate tax resources for filing Form 706 and electing portability, includes articles and links to forms and instructions.
- Explore international tax resources for information on reporting foreign financial assets.
- The Tax Practitioners’ Toolkit includes brochures and presentations on individual and small business tax provisions –these are excellent tools to help you communicate your value to clients, referral sources and prospective clients.
- Get tips for tax season administration - staffing, managing organizers, PTIN rules, and more in this Tax Power Hour webinar open to everyone. The Tax Power Hour webinar series (AICPA Tax Section members only) offers year-round guidance for managing your practice.
- Use this helpful and detailed S Corps Election Grid to get an overview of the options that shareholders have for electing or terminating S status and the relevant code authority. It also identifies revenue procedures to use if the election is missed.
- Refresh your memory (or your staff’s) on what CPAs’ obligations are for verifying data and other standards that need to be followed for preparing returns as set out in Statements on Standards for Tax Services #3 – Certain Procedural Aspects of Preparing Returns.
- Coordinate and collaborate with the all-new AICPA Interactive Tax Checklists (Free for AICPA Tax Section members).
Ann Marie Maloney, AICPA Staff. Ann Marie Maloney develops and manages communication strategies in support of the AICPA’s Tax Division to ensure members are informed of tax resources, advocacy, and news developments. She also manages the Tax Practitioners’ LinkedIn group. Ann Marie’s background includes writing about tax legislation (as a reporter for CCH) and advising state legislators as a senior policy analyst in Maryland. She holds a master’s degree in Public Policy from Georgetown University.