AICPA Testifies at IRS Hearing on Qualified Business Income ...

When businesses have both SSTB and non-SSTB lines of business, Lewis said, the regulations should allow businesses to separate their net income ...

AICPA to Testify at IRS Hearing on Proposed Rules Regarding ...

Troy Lewis, CPA, CGMA, chair of the AICPA Task Force on Qualified Business Income, is the witness. The testimony will focus on key issues from AICPAâ€™s w…

AICPA Oral Testimony for IRS Hearing on REG-107892-18 QBI ...

I am currently the chair of the AICPA Qualified Business Income (or QBI) Task Force. Before I start, I want to acknowledge and thank ...

AICPA Testifies at IRS Hearing on Proposed Regulations To ...

The AICPA testimony focused on proposed rules concerning the partner-level penalty defenses, an audited partnership's access to the IRS ...

2018 Tax Advocacy Comment Letters - aicpa & cima

Troy Lewis testified on behalf of the AICPA at a Treasury and IRS hearing concerning the proposed regulations to implement the deduction for QBI ...

AICPA Comments on the Small Business Tax Fairness Act

The American Institute of CPAs (AICPA) appreciates the attempts to make statutory modifications to the qualified business income (QBI) ...

AICPA testifies at IRS hearing on proposed regs to implement ...

... income and expenses to their partners. In particular, he said, section 163(j) concerning interest expense limitations, section 199A for the Qualified Business ...

AICPA Seeks Guidance on Qualified Business Income ... - Tax Notes

The American Institute of CPAs (AICPA) respectfully requests immediate guidance on various issues regarding the new Internal Revenue Code (IRC ...

2017 Tax Advocacy Comment Letters - aicpa & cima

On September 19, the AICPA requested to testify on the Business Tax Reform, suggesting that Congress provide equality, certainty, and clarity ...

AICPA Official Says Tax Code Poses Challenges for Small Businesses

WRITTEN TESTIMONY OF PATRICIA THOMPSON, CPA. ON BEHALF OF THE. AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS. BEFORE THE.

Qualified business income deduction regs. and other guidance issued

On Jan. 23, from 1 to 3 p.m. ET, the AICPA will present a comprehensive overview of the final IRS guidance. The webcast will review the issues ...

AICPA written testimony at Senate Finance Committee

12 IRS SOI Tax Stats - Individual Income Tax Returns with Small Business Income and Losses (2018). 13 Id. Page 8. AICPA's Written Statement ...

Final regulations on Sec. 199A issued - The Tax Adviser

The IRS issued final regulations (T.D. 9847, available at www.federalregister.gov on the qualified business income (QBI) deduction under Sec.

AICPA Testifies at IRS Hearing on User Fee Regulations

However, he expressed serious concerns about the burden that the proposed regulatory regime will place on CPA firms, particularly on small and ...

rental real estate - Search | AICPA & CIMA

AICPA Testifies at IRS Hearing on Qualified Business Income Deduction Rules AICPA Testifies at IRS Hearing on Qualified Business Income Deduction Rules. News.

2016 Tax Advocacy Comment Letters - aicpa & cima

The AICPA made a number of requests, including that the IRS clarify their authority for certain portions of their proposals and that the ...

AICPA Advocacy - Journal of Accountancy

AICPA testifies to Congress on IRS service problems. In a hearing, the ... qualified business income under Sec. 199A. August 23, 2021. Interruption of ...

AICPA testifies to Congress on IRS service problems

... hearing, titled “Spotlighting IRS Customer Service Challenges.” Practitioner difficulties. Over the past few years, Lewis said in her testimony to the committee ...

Treasury Department Circular No. 230 (Rev. 6-2014) - IRS

Such penalty shall not exceed the gross income derived (or to be derived) from the conduct giving rise to the penalty and may be in addition to, or in lieu of, ...

Selected News Releases and Other Items | DART – Deloitte ...

AICPA Testifies at IRS Hearing on Qualified Business Income Deduction Rules — October 22, 2018 · Accounting Firm Leaders and Innovators Gather for Strategic ...