Accounting Today - Tools and Resources for the Tax and Accounting Professional - An Investcorp and SourceMedia Publication. Welcome to the AICPA. Lahoma Accountancy Board. Individual Online registration is now open for individual registrants with a birth month of March, April, or May. Refer to the table below for important registration dates to remember. The online renewal application is made available 60 days prior to your registration deadline. If you attempt to file the form prior to your renewal period, the form and fee(s) will be returned to you immediately. *NOTE: PINs are no longer necessary for registration. Helpful hints for registration renewal: When registering online have your password available.
Please make sure that you complete all of the questions including the employment information. Request for PIN (Exam candidates only) - Complete the Request for PIN form to initiate the Qualification Application process. The Tax Adviser. Journal of Accountancy. Tax Court rules on homebuyer credit when former residence is being sold. The Tax Court held that a married couple’s old house, which they continued to use while trying to sell it, qualified as a principal residence, and therefore they did not meet the timing requirement to qualify for an $8,000 first-time homebuyer credit when they purchased a new house (Foster, 138 T.C.
No. 4 (2012)). The Fosters put their former residence on the market in February 2006, and they began spending most of their time at Mrs. Foster’s parents’ house. The sale of the old house was finalized on June 6, 2007. They purchased a new house on July 28, 2009. The Fosters claimed an $8,000 first-time homebuyer credit on their 2008 tax return, which the IRS denied. Under Sec. 36(c), a “first-time homebuyer” was defined as any individual who had had no present ownership interest in a principal residence for three years prior to the date of purchase of the principal residence for which the credit was being claimed. —Alistair M. More from the JofA: