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Other Comprehensive Basis of Accounting Fundamentals | 4152308D

July 1, 2015
Sacramento Area
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President's Message

Time to Review

January 10, 2018

By Andy Anderson, CPA, CGMA

I hope everyone had a wonderful and happy holiday season. There are so many holidays during the season that I lose track of them all, but some common themes: Time with family, friends and associates; parties to celebrate; and people to thank. It’s a good time of the year.

In my family it seems that we get together to eat. I know: You’d never get that impression looking at me. We get together to make candy, like chocolate coated peanut butter balls, chocolate covered pretzels, chocolate chip cookies … Do you see the pattern? Chocolate makes almost everything better! And we make a lot of candy and cookies. The family divides it up and delivers it to local people who have helped us during the past year. In the past we made the deliveries on Christmas Eve to tire the kids out so they would go to bed. But now, Marlene and I visit when we make the deliveries to renew friendships and catch up on family news. It’s a fun tradition!

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Behind the License

We know there’s more to your life than the tax forms, deadlines and rules and regulations that you spend time with at the office. And we want to tell your story—or the story of a member you may know.

Our monthly Final Entry feature in California CPA takes a look at the person behind the license. Over the years we’ve featured members who race carsplay in a banddevote time to nonprofit causeshave taken on physical endurance challengessurfDJ and make wine.

So, what’s your story?

If you’d like to participate or want to recommend a colleague, contact managing editor Damien English with details and we’ll set up a short interview.

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IRS E-Services Moves to Secure Access Protection

As of Dec. 10, all tax professionals and payers who wish to use e-Services must create an e-Services account using a more rigorous identity proofing process called Secure Access Authentication.

Any e-Services user who has not previously created a Secure Access account through Get Transcript Online, IP PIN tool, View Balance or by exception processing in recent days must validate their identity through this more rigorous process. This also includes all TIN Matching users and users who received Letter 5903 last December and authenticated by telephone.

This new process is not optional on the part of the IRS or its online users. The change is being made to meet federal information system standards.


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