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AICPA outlines ideas for tax reform to Senate leaders

Tammy Whitehouse | July 19, 2017

As the prospects for healthcare reform fall into a crater of uncertainty, the accounting profession is offering Senate leaders some ideas to help get tax reform off the ground.

The American Institute of Certified Public Accountants sent a letter to Sen. Orrin Hatch (R-Utah), chair of the Senate Finance Committee, outlining suggestions for how to overhaul tax requirements for the sake of business, individuals, families, and even tax administrators. With respect to business, the letter focuses on some areas that have been subject to debate and exploration as...

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