AICPA expresses support for US Disaster Tax Relief legislation
AICPA has expressed its 'strong support' for bicameral, bipartisan legislation on Disaster Tax Relief, postponing a series of deadlines.
Source: theaccountant-online.com
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AICPA submits suggestions for the 2023-2024 Guidance Priority List
AICPA submitted a letter to the Internal Revenue Service (IRS) containing 182 suggestions regarding the 2023-2024 Guidance Priority List.
Source: theaccountant-online.com
AICPA Submits Suggestions for the 2023-2024 Guidance Priority List
As the IRS plans to prioritize providing additional guidance as stated in the IRS Strategic Operating Plan, the AICPA encourages the IRS to issue guidance on recommended areas.
Source: cpapracticeadvisor.com
AICPA wants IRS guidance on crypto losses
The institute is asking for more guidance on how to help taxpayers compute their losses on digital assets such as cryptocurrency.
Source: accountingtoday.com
Congressional Republicans urge IRS to extend COVID-19 related tax penalty relief deadline
A group of Republicans on Congress's main tax committees sent a letter to the Internal Revenue Service and the Treasury, backing a request from the AICPA.
Source: accountingtoday.com