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AICPA Provides IRS Proposed FAQs, Seeks Additional Section 7216 Guidance

Comment Letter ...AICPA and other professional organizations submitted eight draft frequently asked questions (FAQs) to the IRS, addressing issues of concern to taxpayers and tax return preparers relating to the section 7216 regulations. The FAQ document also includes a list of modifications the AICPA believes are critical to making the section
Published on January 28, 2011

AICPA Statement on IRS Oversight and Tax Compliance

Comment Letter ...April 1 on IRS oversight and tax compliance topics, including the alternative minimum tax, estate tax reform, the tax treatment of cell phones and personal digital assistants, the section 7216 regulations, penalty reform, the IRS e-file strategy, and
Published on January 28, 2011

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