AICPA Calls on Congress to Repeal Section 1099 Reporting Requirements

Press Release:  The AICPA has called on Congress to repeal burdensome information reporting requirements placed on businesses and rental property owners by the Patient Protection and Affordable Care Act and the Small Business Jobs Act of 2010 because “businesses do not need the added cost of more regulatory requirements at a time when
Published on November 16, 2010

AICPA Urges Repeal of Form 1099 Reporting House Ways & Means Committee Markup Scheduled

Media Advisory:  Congress should repeal the information reporting requirements placed on businesses and rental property owners by the Patient Protection and Affordable Care Act and the Small Business Jobs Act of 2010, the American Institute of Certified Public Accountants said in a letter to members of the House Ways and Means Committee.
Published on February 17, 2011

Statement from AICPA President and CEO Barry Melancon Applauding Repeal of Section 1099 Reporting Requirements by Congre...

Press Release:  The following is a statement by AICPA President and CEO Barry Melancon congratulating Congress on its April 5 repeal of information reporting requirements placed on businesses and rental property owners.
Published on April 05, 2011

Statement from AICPA President and CEO Barry Melancon On House Passage of Legislation to Repeal Section 1099 Reporting R...

Media Advisory:  Statement by AICPA President and CEO Barry Melancon applauding the March 3 passage by the U.S. House of Representatives of a bill to repeal information reporting requirements placed on businesses and rental property owners by the Patient Protection and Affordable Care Act and the Small Business Jobs Act of 2010
Published on March 04, 2011

AICPA Comments on IRSs Proposed Guidance Regarding Reporting to Borrowers for Cancellation of Debt

Press Release:  The American Institute of CPAs (AICPA) submitted comments to the Internal Revenue Service (IRS) on April 1, 2013 regarding proposed guidance governing how to report the cancellation of debt.
Published on April 11, 2013

AICPA Supports Repeal of Burdensome Tax Information Reporting Measure

Comment Letter:  The AICPA told members of Congress recently they should repeal the section of the new health care law that requires businesses to report to the Internal Revenue Service any purchase from a vendor of goods or services worth $600 or more during the calendar year.
Published on July 28, 2010

Legislation

Article:  8/31/2011 - AICPA Asks IRS to Extend Sept. 15 Filing Deadline for Those Affected by Hurricane Irene 7/28/2011 - AICPA Supports IRS Program to Regulate Paid Tax Return Preparers 6/24/2011 - Statement by Barry Melancon on House Passage of Patent R
Published on September 12, 2011

Tom Ochsenschlager, AICPA vice president of taxation, advises Boston Globe readers on steps to take to avoid an audit

News:  Tom Ochsenschlager, AICPA vice president of taxation, advises Boston Globe readers on steps to take to avoid an audit.
Published on March 13, 2010

10 Tax Tips for Filing Your 2012 Federal Tax Return from the American Institute of CPAs

Press Release:  While individual tax returns are not due until Monday, April 15, even with that final weekend to get the work done, America’s CPAs remind taxpayers that getting an early start will make filing easier and the process smoother.
Published on February 19, 2013

10 Tax Tips for Filing Your 2011 Tax Return from the American Institute of CPAs

Press Release:  Tax season is here again. While individual tax returns are not due until April 17 this year, America’s CPAs remind taxpayers that getting an early start will make filing easier and the process smoother.
Published on February 27, 2012

AICPA Suggests Solutions for Tax Identity Theft and Tax Fraud At Senate Finance Committee Hearing

Press Release:  AICPA) suggested solutions at a hearing today of the Senate Finance Committee about what Congress could do to curb tax identity theft and tax fraud and offered tax reform recommendations focused on simplifying tax laws for families and businesses.
Published on April 16, 2013

AICPA Recommends IRS Delay Matching of Documents Reporting Capital Gains and Losses

Press Release:  AICPA  recommended that the Internal Revenue Service delay matching the basis information the law requires brokerage firms to report about taxpayers’ capital gains and losses with what taxpayers report on their income tax return.
Published on August 01, 2012

AICPA Supports IRS Goal of Real Time Tax System

Press Release:  The American Institute of CPAs told the Internal Revenue Service today that it supports the agency’s overall objective of changing America’s tax system to one that matches tax information in real time.
Published on December 08, 2011

AICPA Calls for Improvements to IRS Examination Program to Relieve Taxpayer Burdens

Press Release:  The American Institute of CPAs has raised a number of concerns with the Internal Revenue Service about the burden its correspondence audit program places on taxpayers selected for examination, Patricia Thompson, the chair of the AICPA Tax Executive Committee, told the IRS Oversight Board at a meeting today.
Published on February 28, 2012