AICPA Sends Congress Legislative Proposals to Simplify or Make Technical Corrections to Tax Laws

March 4, 2013

The American Institute of CPAs sent a compendium of legislative proposals to Congressional tax panels on Feb. 6, 2013 that would simplify or make technical corrections to the nation’s tax laws.


The AICPA said in its letter to Congress that the tax proposals are intended to “correct perceived technical problems in the Code or simplify its existing provisions.”  The AICPA said the recommended proposals would promote simplicity and fairness and it does not believe the recommendations are unduly controversial.


The 22 proposals cover a range of tax issues affecting individuals, businesses, trusts and estates, and exempt organizations.


For additional information or if you would like to speak to someone about the proposals, please contact Shirley Twillman at or 202.434.9220.