Profile: Ron Yates

This blog post is part of our Profiles Series where we highlight the amazing accomplishments of Montana CPAs who volunteer nationally to make a difference for the accounting profession.

Yates 2007

Ron Yates, CPA, Eide Bailly LLP, Billings

I am very fortunate and proud to have had many opportunities as a Montana CPA to represent CPAs, the accounting profession, and the Treasure State at the national level.

Currently, I am starting the second year of a three-year term on the AICPA Tax Practice and Procedures Committee (TPPC).  This committee monitors developments in and changes to IRS procedural and administrative guidance.  Among other things, the TPPC keeps AICPA members informed of changes to tax procedure, tax administration, regulatory guidance, and IRS services, and develops guidance, information and resources for AICPA Tax Section members to help CPAs understand and comply with the complex rules of practice before the IRS.  We also serve as a resource to the IRS Advocacy & Relations Committee, as well as other technical resource panels and task forces, on matters of tax administration and procedure.  The TPPC is an oversight committee for the Tax Checklist Task Force (which is responsible for developing and maintaining the Annual Compliance Kit) and the Foreign National Task Force (which is responsible for creating various resources to help members with international tax issues). We participate in a monthly committee call and meet at least twice yearly in person.  Each committee member commits to writing one reviewed article for the AICPA’s Tax Adviser magazine annually.  If interested, you can read my article in the April 1, 2016, edition (“PATH Brings Changes to Federal Penalty Computations”).

Also, this spring I was officially nominated by the AICPA Nominations Committee to fill an open board seat for a three-year term on the AICPA Board of Directors. The official election of board members will occur in October 2016 at the AICPA Fall Council / Annual Members meeting. I’m very excited for this tremendous opportunity to represent all CPAs at the national level.

From October 2012 through October 2015 I had the privilege of serving as Montana’s elected AICPA Council Representative, succeeding Dan Vuckovich of Great FallsMontana is guaranteed one representative on the AICPA Council, which is the governing body of the AICPA and includes elected representatives from all U.S. states and territories.  In 2015 Gordy Thompson of Havre was elected as my successor as AICPA Council Representative.  Gordy is doing a fantastic job representing Montana CPAs at the national level.  Gordy discussed the importance of this role in his July 18 Montana CPA blog, a great read.

Finally, from 2011-2014, I served on the AICPA Life Insurance / Disability Plans Committee, including serving as the Product Development Task Force chair in 2013.  This committee’s purpose it to make available, through the AICPA Insurance Trust/AICPA Group Insurance Trust, a variety of self-supporting insurance products that are responsive to the needs of the membership and to provide oversight for plan administration and premium levels. This committee, which reports directly to the AICPA board of directors, handles millions of dollars of annual premiums providing hundreds of millions of insurance coverage to CPAs and their families.  It was a great personal and professional experience and I would highly encourage you to consider applying for future service to this committee.  Many of you may recall that Montana’s own Ellen Feaver chaired this committee about a decade ago.

These service opportunities have helped me to grow personally and professionally and I would highly encourage all MSCPA members to consider “raising your hand” when volunteer opportunities arise at the state or national level.

 

AICPA takes on the IRS

Yates 2007by Ron Yates, Former AICPA Council Rep,
MSCPA Past President 2010-2011

Greetings MSCPA Members. As you may have seen recently, American Institute of CPAs (AICPA) President/CEO Barry Melancon said the AICPA is pushing the Internal Revenue Service (IRS) to improve its services for both taxpayers and CPAs. As reported by Michael Cohn of Accounting Today on January 26, 2016, Melancon gave a speech to the Accounting Club of America regarding the AICPA and the future of the profession. Pertaining to the IRS, Melancon is quoted as saying, “Basically the service levels in the Internal Revenue Service to preparers and taxpayers are at an all-time low,” he said. “To use a South Louisiana French term, it sucks. We do not have a 21st century IRS, and we are not likely to get one in the short term. We’re not going to get one because the Congress absolutely loathes the Internal Revenue Service and the leadership of the Internal Revenue Service.”

According to Cohn, Melancon went on to discuss some of the political challenges facing the IRS in Congress, and the $290 million that Congress earmarked in the December 2015 tax extenders legislation, the Protecting Americans from Tax Hikes Act of 2015, toward improving taxpayer service and cybersecurity and combating identity theft. “They [Congress] refuse to fund the Internal Revenue Service with any additional dollars,” he said. “In the last tax extenders bill, it looked like they funded it, but it was sort of a shell game, moving dollars around. And it is not going to change with this administration and this Congress and this IRS commissioner. On the political side, bridges have been burned and it is just not going to change. We have been big advocates that it needed to change. We have actually been on the Hill advocating for specific, dedicated funding to the IRS only for customer service—which, by the way, the IRS hates because they want just general funding—and even on that, we couldn’t get any traction from Congress.”

According to Cohn, Melancon hopes to make some headway this year. “We have called upon Treasury—and we are working with the Department of Treasury…to convene a group in 2016 prior to the results of the election, prior to us moving into a new election, to map out a vision of what a 21st century IRS might look like so that when we have new players and a new Congress and a new deal, we’ve got a blueprint to try to get that done,” he said. “Treasury has not yet been totally receptive to doing that, but we envision a forum in which preparers and not just CPAs, but lawyers and enrolled agents and others, come to the table, with representatives of the Service, representatives of Congress, and try to create a meeting of the minds, a rational way rather than the irrational political way. Hopefully we can be successful with that. No guarantees.” Finally, Melancon noted that an identity theft bill currently moving through Congress may provide an opportunity for the AICPA to address some of the current IRS funding and service concerns.

As Montana CPAs and accountants, what has been your experience with IRS service lately? Please share with us your thoughts and comments on what you are seeing and any “tips of the trade” that might be helpful over the next 10 weeks of tax season. Also, please share your opinion about the current level of IRS funding and what can be done to improve both customer service and move toward a “21st century IRS”.

A Note of Gratitude-and a Few Year-End Requests

Yates 2007

Ron Yates Eide Bailly

by Ron Yates, former AICPA Council Representative

Greetings MSCPA Members.  I hope that each of you find time to enjoy the wonder and blessings of Christmas without succumbing to the madness of the holiday season or the angst associated with year-end planning and the fast-approaching “busy season” 2016.  In no time at all Christmas and New Year’s Day will be past, tax and audit deadlines will be complicating our recreation and weekend plans, and once-again we’ll be anxiously awaiting the arrival of spring.

First of all, I want to sincerely thank each of you for the opportunity to serve as your elected AICPA Council Representative over the past three years.  Serving as your representative at the national AICPA level has been a great honor, a tremendous learning experience, and truly one of the highlights of my professional career – challenging, exciting, professionally rewarding, and great fun!  I have actively attempted to represent the diverse interests of Montana CPAs at the national level and move our profession forward against the ever-present challenges of staffing, student recruitment, examination & certification, professional education, legal liability, client expectations, specialization, and expanding professional, geographic, and technological boundaries.  Thank you all for this opportunity, as well as your friendship, advice, and support.

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Gordy Thompson, Anderson ZurMuehlen

Please enthusiastically congratulate Gordy Thompson of Havre on his election as your AICPA Council Representative for the 2015-2018 term. Gordy is a strong leader that will represent Montana CPAs extraordinarily-well at the national level.  Gordy is a friend to all and a stranger to no one!  He has already established tremendous professional contacts within the AICPA that will serve to benefit all MSCPA members going forward.

Please offer your outstanding support to President Brenda Byrnes, President-Elect Annette Hill, and all MSCPA board members and office personnel.  The MSCPA’s mission is to inspire, empower and impact members to achieve professional excellence and this is exactly what our MSCPA board and staff do each day!

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Jane Egan MSCPA Executive Director

Please keep Jane Egan, MSPCA’s fearless leader and our great friend, in your thoughts and prayers as she continues to successfully battle cancer.  As politicians, regulators, and certain other disagreeable individuals know, Jane is not to be messed with!  Cancer doesn’t have a chance to prevail in this fight!

Please continue to be actively involved in our profession at the local chapter, MSCPA, and AICPA levels.  I am fortunate to have gotten involved at each of these levels during my public accounting career and plan to continue doing so.  I have truly personally received much more back than the effort and time I have invested.  We have a wonderful, dynamic, evolving profession that actively seeks your input, involvement, and leadership.  Please take advantage of these fantastic personal and professional growth opportunities by personally getting involved.  E-mail me at ryates@eidebailly.com or call me at 406-896-2423 if you have any questions or if I can be of any assistance regarding your professional involvement.

Finally, please consider financially supporting the MSCPA Legacy Foundation, our very own 501(c)(3) charitable organization, with your year-end gifting.  The Legacy Tree project currently happening in the MSCPA office is a touching visual tribute to the many people—past, present and future—who support the greatness of the accounting profession in Montana.  Let’s each do our part to support the foundation for the betterment of the Montana accounting profession for generations to come!

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The Legacy Tree