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

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

 Local, State, & Federal Agency News

TitleLink
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
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
NCDOR Privilege Tax Bulletin 12-2020download

Comfort Letters/Third-Party Verification Requests

TitleLink
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

TitleLink
The Importance of Engagement Letters for Small Firmsdownload
Setting Expectations: How Engagement Letters Help Manage Professional Liability Riskdownload
Buckle Up Crafting Effective Engagement Lettersdownload

Succession Planning & Practice Continuation Agreements

TitleLink
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