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
| Title | Link |
|---|
| Guidelines: Alternative Business Structure (ABS) | download |
| FAQs: Commissions | download |
| FAQs: CPA Firm Registration | download |
| FAQs: Non-CPA Ownership of Firm | download |
Local, State, & Federal Agency News
| Title | Link |
|---|
| NCDOR Taxpayer May Contest Determination that Amended Return or Claim Not Filed within Statute of Limitations | download |
| NCDOR Privilege License Opinion Letter | download |
| NC State Bar: Monthly Trust Account Report | download |
| NC State Bar: Trust Account Reconciliation Sheet | download |
| NC State Bar: Trust Account Quarterly Review Worksheet | download |
| NC State Bar: Complying with Amended Trust Account Rules | download |
| NC State Bar: Trust Account Rules 8-2016 | download |
| NC State Bar: Amended Trust Account Rules Approved by Supreme Court | download |
| NCDOR Tax Related ID Theft | download |
| IRS Pub 4557 Safeguarding Taxpayer Data | download |
| IRS Pub 4524 Security Awareness For Taxpayers | download |
| IRS Pub 5293 Protect Your Clients; Protect Yourself | download |
| NC DOJ Scam & Fraud Booklet: Protect Yourself, Don't Be a Target | download |
| NCDOR: Important Notice Withholding Tax (August 2021) | download |
| NCDOR Privilege Tax Bulletin (02-2022) | download |
Comfort Letters/Third-Party Verification Requests
| Title | Link |
|---|
| 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 Letters | download |
| 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 Letters | download |
Engagement Letters
| Title | Link |
|---|
| The Importance of Engagement Letters for Small Firms | download |
| Setting Expectations: How Engagement Letters Help Manage Professional Liability Risk | download |
| Buckle Up Crafting Effective Engagement Letters | download |
Succession Planning & Practice Continuation Agreements
| Title | Link |
|---|
| 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 |
