Info You Can Use

News Alerts, Guidelines, FAQs, Scam Warnings, Local, State, & Federal Agency News, Etc.

Note: Use the up/down triangle (to the left of “link”)  to sort each section in ascending or descending order

FAQs & Guidelines

FAQs: CPA Firm Registrationdownload
FAQs: Commissionsdownload
Guidelines: Alternative Business Structure (ABS)download
FAQs: Non-CPA Ownership of a Firmdownload

 Local, State, & Federal Agency News

NCDOR Taxpayer May Contest Determination that Amended Return or Claim Not Filed within Statute of Limitationsdownload
NCDOR Privilege License Opinion Letterdownload
NC State Bar: Monthly Trust Account Reportdownload
NC State Bar: Trust Account Reconciliation Sheetdownload
NC State Bar: Trust Account Quarterly Review Worksheetdownload
NC State Bar: Complying with Amended Trust Account Rulesdownload
NC State Bar: Trust Account Rules 8-2016download
NC State Bar: Amended Trust Account Rules Approved by Supreme Courtdownload
NCDOR Tax Related ID Theftdownload
NCDOR Privilege Tax Bulletin (revised 12-2019)download
IRS Pub 4557 Safeguarding Taxpayer Datadownload
IRS Pub 4524 Security Awareness For Taxpayersdownload
IRS Pub 5293 Protect Your Clients; Protect Yourselfdownload
NC DOJ Scam & Fraud Booklet: Protect Yourself, Don't Be a Targetdownload

Comfort Letters/Third-Party Verification Requests

Need Third-Party Verification? Ask a CPA for Guidance (from AICPA)download
How to Respond to a Comfort Letter/Third-Party Verification Request (from AICPA)download
AICPA Position Statement: Third-Party Verification Requests aka Comfort Lettersdownload
Template for Comfort Letter/Third-Party Verification Request Presentation to Bankers/Lenders (from AICPA)download
Comfort Letter Response Matrix (from AICPA)download
Third-Party Verification Letters: Questions and Answers (from AICPA)download
Activity Review Articles on Comfort Lettersdownload

Engagement Letters

The Importance of Engagement Letters for Small Firmsdownload
Setting Expectations: How Engagement Letters Help Manage Professional Liability Riskdownload

Succession Planning & Practice Continuation Agreements

Practice Continuation Agreements: A Practice Survival Kit (2016)download
Getting Your Succession Planning on Track (2016)download
CPA Firm Succession Management Multi-Owner Survey Report (2016)download
CPA Firm Succession Survey Sole Proprietor Report (2016)download