AICPA Wins Repeal of 1099 Reporting Requirements

Newsletter:  The CPA Advocate: May, 2011. AICPA's push to overturn burdensome 1099 information reporting requirements succeeded April 14 when President Obama signed H.R. 4 into law
Published on May 27, 2011

AICPA Letter to Senate on Repeal of Form 1099 Reporting Requirements

Comment Letter:  The AICPA drafted a letter to Members of the U.S. Senate requesting repeal of section 9006 of the Patient Protection and Affordable Care Act (P.L. 111-148) and section 2101 of the Small Business Jobs Act of 2010 (P.L. 111-240).  The letter expresses the AICPA's concerns about the significant compliance burdens placed
Published on April 05, 2012

AICPA Letter to House Ways and Means Committee on Form 1099 Reporting Requirements

Comment Letter:  The AICPA drafted a letter to Members of the U.S. House of Representatives requesting repeal of section 9006 of the Patient Protection and Affordable Care Act (P.L. 111-148) and section 2101 of the Small Business Jobs Act of 2010 (P.L. 111-240).  The letter expresses the AICPA's concerns about the significant
Published on April 05, 2012

AICPA Letter to Treasury Regarding Form 1099 Requirements

Comment Letter:  ...the Treasury requesting guidance on amendments to IRC section 6041 made by the Small Business Jobs Act of 2010. Specifically, we requested guidance on exceptions from the Form 1099 reporting requirements on rental property expense payments
Published on April 05, 2012

Comment Letter to Treasury on Form 1099 Requirements for Rental Property Owners

Comment Letter:  The AICPA submitted a comment letter to the Department of the Treasury on January 24, 2011 regarding the Form 1099 reporting requirements relating to rental property expense payments. We requested guidance as soon as possible regarding amendments to Internal Revenue Code section 6041 made by the Small Business Jobs Act...
Published on April 05, 2012

Welcome to The CPA Advocate from AICPA President and CEO Barry Melancon

Newsletter:  The CPA Advocate. May, 2011. AICPA President and CEO Barry Melancon welcomes AICPA members to The CPA Advocate.
Published on May 29, 2011

Comprehensive List of Advocacy in the Individuals Area

Tools:  Comprehensive list of resources, tools and aids regarding advocacy efforts for individual taxation.
Published on June 10, 2013

Comment Letter to Senate Finance Committee Chairman to Repeal New Form 1099 Provisions

Comment Letter:  The AICPA requests repeal of the expanded reporting requirements ("Form 1099 provisions"). This letter, submitted to the Senate Finance Committee, addresses our concerns about the significant compliance burdens placed on businesses and rental property owners (landlords) by section 9006...
Published on April 04, 2012

Ltr to House Ways and Means Committee Chair to Repeal New Form 1099 Provisions

Comment Letter:  Letter, submitted to the House Ways and Means Committee, addresses our concerns about the significant compliance burdens placed on businesses and rental property owners (landlords) by section 9006 of the Patient Protection and Affordable Care Act (P.L. 111-148) ("PPACA") and section 2101 of the Small Business Jobs Act of 2010 (P.L. 111-240)
Published on April 04, 2012

Tax Legislation and Policy - Recent Issues

Overview:  See current tax issues and legistlation that the AICPA recently followed. The Congressional and Political Affairs Team often assists the Tax Team with tax legislation and policy issues, and advocates about them to Members of Congress and other key policymakers on behalf of the profession.
Published on March 28, 2013

A Quick Look at 2011 Tax Advocacy Success

Article:  A quick overview of the AICPA's many tax advocacy successes over the last year, including 1099 legislation, preparer registration regulations, and several narrower technical victories that simplified compliance
Published on April 16, 2013

Cost Basis Reporting System Needs Work, AICPA Tells IRS

Newsletter:  The CPA Advocate: August, 2012. New formats for reporting capital gains and losses during the past tax season caused a lot of headaches for tax practitioners and taxpayers alike. The AICPA made recommendations to correct existing problems
Published on August 14, 2012

AICPA Proposes Fiscal Year Flexibility for Emerging Small Businesses

Comment Letter:  This is AICPA's statement in support of allowing small businesses the flexibility to adopt any fiscal year end from April through November for tax purposes, as proposed in the Small Business Tax Flexibility Act of 2003 (H.R. 3225) for the record of the Subcommittee's September 23, 2004, hearing.
Published on May 20, 2013

AICPA Asks IRS for Clearer Cancellation of Debt Information Reporting Rules

Newsletter:  The CPA Advocate: April, 2013. The IRS should change its Form 1099-C filing requirements so that the form is issued only in the year the debt is legally...
Published on April 29, 2013