AICPA Comment letter on the safe harbor method for the home office deduction in IRS Rev. Proc. 2013-13

Comment Letter:  The AICPA has submitted comments and recommendations on the safe harbor method for the home office deduction.
Published on May 08, 2013

The SIMPLE Cafeteria Plan Act of 2005 AICPA Comment Letter on S. 723

Comment Letter:  In a letter to the U.S. Senate, AICPA comments on S. 723, The SIMPLE Cafeteria Plan Act of 2005.
Published on April 30, 2013

AICPA Comments on Form 1099-C Information Reporting Issues on April 1, 2013

Comment Letter:  On April 1, 2013, AICPA submitted comments to IRS and Treasury as they continue to develop Form 1099-C, Cancellation of Debt and related instructions as well as guidance on section 6050P.
Published on April 08, 2013

Section 1411 Paperwork Reduction Act Comment Letter

Comment Letter: 
Published on February 06, 2013

AICPA AMT Proposal

Guidance:  The Alternative Minimum Tax (AMT) is one of the most complex components of the tax laws initially created to ensure that all taxpayers pay a minimum amount of tax on their economic income.
Published on October 23, 2012

The AICPA Testifies Before the House Small Business Committee on Ways to Modernize the Tax Code

Comment Letter:  On April 10, 2008, in testimony before the US House of Representatives' Small Business Committee, the AICPA proposed changes to the taxation of S corporations, partnerships, the AMT, and estates.
Published on April 30, 2012

AICPA Comments on H.R. 1186, The Alternative Minimum Tax Repeal Act of 2005

Comment Letter:  Comments regarding H.R. 1186, The Alternative Minimum Tax Repeal Act of 2005 were submitted by AICPA for consideration by House members.
Published on April 30, 2012

AICPA, ABA, TEI Urge More Tax Simplification Provisions for 2004

Comment Letter:  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 Written Testimony on Committee on Ways and Means Hearing on Fundamental Tax Reform

Testimony:  The AICPA submitted written testimony on the Committee on Ways and Means Hearing on Fundamental Tax Reform on January 20, 2011.  We urged the Committee to consider the AICPA's Guiding Principles of Good Tax Policy; Guiding Principales for Tax Simplification; Guiding Principles for Tax Law Transparency; and Guiding Principles for
Published on April 17, 2012

AMT Testimony before House Ways and Means Committee - March 22, 2007

Testimony:  AICPA comments on primary reasons for the burgeoning Alternative Minimum Tax (AMT) problem, specifically that marginal tax rates have been reduced substantially over the past several years while the AMT rates have remained the same, and the AMT exemption has not been indexed for inflation.
Published on April 05, 2012

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:  On January 26, 2011, the AICPA submitted a letter to the U.S. Deparment of 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 of 2010
Published on April 05, 2012

AICPAs Testimony on Small Business Health Insurance Tax Credit - November 12, 2011

Testimony:  Patricia Thompson, chair of the AICPA's Tax Executive Committed, submitted this written testimony to the Subcommittee on Oversight, Committe on Ways and Means, U.S. House of Representatives, for a hearing on November 15, 2011 on the implementation and effectiveness of the small business health insurance tax credit. The credit was enacted
Published on April 05, 2012