AICPA Hosting Services Process

This process is for attest clients and clients who may become attest clients. It is imperative we analyze each client, including 1040 and PPT clients, for situations in which they may not need attest services today but could require them in the future. If we fail to adhere to the AICPA’s hosting services rules for these clients and they should later require an attest service, we will not be deemed independent and available to provide attest services. While this will largely impact our business tax returns, please keep Form 1040 Schedule C’s, E’s, PPT returns, etc. in mind and use professional judgment when making this decision.

All applicable workpapers should be combined into one PDF, with cover page* included, and stored in the 1000 section of DMS titled Supporting Documentation. You must also note to Tax Processing to include this with the delivery of Client Copy. This will then be included with the delivery of the “Client Copy” of the tax return. This must be in the 1000 section of DMS prior to return being sent to Tax Processing for delivery.

The following workpapers will need to be included:

Depreciation Reports

Book, Tax, State, and AMT
1. If SAGE FAS or Creative Solutions – make sure to pull clean copy
2. If CCH Axcess Tax – make sure it is included in client copy (interview form DP-9 or worksheet form 4)
De minimis asset listing

Book Tax Reconciliation

Print to PDF
1. Only need to include current year
2. If internal notes need to be removed, copy tab to new tab and remove before printing to PDF
3. Highlight all applicable cells to be sent to client
4. In print settings select Print Selection, Portrait Orientation

CAS (Capital Allocation Schedule)

Include CAS tab from the IAS CAS Schedule
Print tab to PDF
1. If internal notes need to be removed, copy tab to new tab and remove before printing to PDF
2. Highlight all applicable cells to be sent to client
3. In print settings select Print Selection, Landscape Orientation, and Fit all Rows on One Page.

Other Reports if applicable:

Depletion Schedules
263(a) Calculations (current year only)
LIFO Calculations
Deferred tax calculations – inventory of deferrals summary (not the entire calculation)

Other Reports deemed not applicable at this time:

S-Corp basis schedules
Income allocation schedules
Liability allocation schedules
Minimum gain schedules

*cover pages for Support Documentation pdf can be found within either DMS Templates or is KSMgo! > Busy Season Resources Page > AICPA Hosting Services