AICPA Sends Congress Legislative Proposals Promoting Tax Simplicity and Fairness 

    Published February 24, 2014

     

    Contact: Shirley Twillman, 202-434-9220, stwillman@aicpa.org

     

    The American Institute of CPAs has sent a compendium of legislative proposals to the House Ways and Means and Senate Finance Committees that would simplify or make technical corrections to the nation’s tax laws.

    The AICPA said in its February 19 letter to Congress that the focus of the proposals is on provisions in the Internal Revenue Code that “are not unduly controversial” and “are technical in nature.”

    The 32 proposals promote simplicity and fairness, the AICPA said, and would improve tax administration.  The proposals cover a range of tax issues affecting individuals, businesses, trusts and estates, and exempt organizations.

    For more information, or if you would like to speak to someone about the proposals, please contact Shirley Twillman at stwillman@aicpa.org or 202.434.9220.

     

     

     




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