AICPA Tax Compendium
This page contains the AICPA legislative compendium submissions to Congress with suggestions for tax legislation that would improve tax administration and simplification.
Published on January 09, 2015
File Reference No. 1820-100 Exposure Draft of a Proposed Accounting Standard Update - Revenue from Contracts with Custo...
The Financial Reporting Executive Committee (FinREC), formerly known as the Accounting Standards Executive Committee (AcSEC), of the American Institute of Certified Public Accountants comments on the Exposure Draft of the Proposed Accounting Standards Update, Revenue from Contracts with Customers (the Exposure Draft). FinREC supports the boards' overall goal
Published on July 11, 2011
AICPA Applauds Proposed IRS Regulations as a Necessary Step to Combat Tax-Related Identity Theft
The CPA Advocate: March 27, 2013. An IRS pilot program that allows identifying taxpayer numbers to be truncated should be made permanent as one step toward curbing taxpayer identify theft, the AICPA said.
Published on March 27, 2013
AICPA Comments on Draft 2014 OMB Compliance Supplement
The CPA Advocate: April, 2014. The comments focus on concerns with proposed guidance for auditing Disaster Relief Appropriations Act funds and a suggestion to remove certain requirements relating to the American Recovery and Reinvestment Act.
Published on April 24, 2014
IRSs Proposed Voluntary Program for Tax Preparers is Unlawful and Improper, Says AICPA
The CPA Advocate: June, 2014. The AICPA letter expressed strong concern that the IRS's proposed voluntary certification program for tax return preparers “would cause significant legal problems that may ultimately frustrate the IRS’s goals, confuse the public, and lead to litigation.”
Published on June 24, 2014
September 30, 2010 Comment Letter on FASBs Proposed Accounting Standards Update, Accounting for Financial Instruments an...
The Financial Reporting Executive Committee (FinREC), formerly known as the Accounting Standards Executive Committee (AcSEC), of the American Institute of Certified Public Accountants appreciates the opportunity to comment on the Exposure Draft of a Proposed Accounting Standards Update, Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments
Published on July 11, 2011
AICPA, ABA, TEI Urge More Tax Simplification Provisions for 2004
The AICPA, the American Bar Association Section of Taxation, and the Tax Executives Institute submitted this letter to the Secretary of the Treasury expressing support for simplification provisions included in the Administration's 2004 budget package.
Published on April 30, 2012
AICPA 2007 Comments on Redesigned Form 990
AICPA comments on IRS re-designed Form 990. IRS plans to implement the new form, effective for 2009 filing season (2008 Forms 990).
Published on October 10, 2007
AICPA Suggests Changes to Internet Sales Tax Bill to Make Collection and Remittance Easier for Businesses
The CPA Advocate: October, 2013. The AICPA told Congress that legislation to require the payment of sales taxes on purchases made over the Internet should be modified so businesses that would have to collect and remit sales taxes to states in which they do not have a physical presence are
Published on October 17, 2013
Not Giving Up on Simplification
Annette Nellen, chair of the AICPA Individual Tax Technical Resource Panel, compares the AICPA's principles for tax simplification to the solutions for complixity offered by IRS Commissioner Shulman and finds common ground.
Published on January 09, 2012